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Latest
Alibaba Vice President Ye Jun confirms resignation
14/07/2025
The journalist learned from informed sources that Ali Baba Group's Vice President and former President of DingTalk, Ye Jun, has officially resigned.
Latest
3 m ago
XinDazhou A (000571.SZ) issued a pre-loss announcement, projecting a net loss attributable to shareholders of 70-95 million yuan in the first half of the year.
3 m ago
On the 14th local time, European Council President Costa and European Commission President von der Leyen met with Armenian Prime Minister Pashinyan in Brussels to reaffirm the growing partnership between the EU and Armenia. Security cooperation is a key topic of discussion. The EU proposed cooperation with Armenia on a range of security issues including disinformation and interference, false information, and cyber threats. The EU reiterated its support for Armenia's resilience and long-term development through substantial financial and technical assistance. It is understood that the EU's investment in Armenia is expected to reach 25 billion euros to promote inclusive growth and connectivity. (CCTV News)
3 m ago
Simic Media: It is expected that the net profit will be a loss of 12-8 million yuan in the first half of the year.
4 m ago
Foreign-funded wealth management scale soars: BNP Paribas Agricultural Bank established two years ago broke 60 billion and BlackRock Jianxin exceeded 50 billion.
4 m ago
Foreign-owned financial holding companies continue to lead industry growth, with the performance of Credit Agricole CIB Wealth Management particularly outstanding. As of July 2025, this joint venture company, established only two years ago, has surpassed a total scale of 60 billion RMB, representing a growth of over 200% from the same period in 2024. In terms of product strategy, Credit Agricole CIB Wealth Management focuses on medium to low-risk fixed-income products. In 2024, their closed-end products reached a redemption rate of 100%, and they plan to expand their QDII and ESG product lines to strengthen their competitive advantage. At the same time, BlackRock CCB Wealth Management has surpassed a total scale of 50 billion RMB, offering eight product lines, 288 products, and "dual qualifications" in pension wealth management and individual pension business. The rapid expansion of these two foreign-owned institutions signifies that China's wealth management market is accelerating towards specialization and globalization.
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