Registration-based system will make capital market more open and efficient
Mobile technologies account for about 4 percent of China's gross domestic product, an industry report said on Friday.
Residents in first-tier cities appear to have the best investment acumen and knowledge in China, with a considerable number of them managing to realize higher returns from online wealth management products.
Reports of the Shenzhen government blocking the sale of 2,800 apartments in a residential complex triggered a rush to dump the Hong Kong-listed H shares of the State-owned developer, China Overseas Land & Investment Ltd on Friday.
US currency demand increases after euro cap abandoned
The Golden Egg, the newest luxury hotel in Davos, was the place to be for the global elite at last year's World Economic Forum, selling out all of its 216 rooms. On one evening, Israeli Prime Minister Benjamin Netanyahu and his wife dined at its restaurant, while the former prime minister of Britain, Tony Blair, was seen in the bar with a colleague, according to General Manager Peter Pedersen.
The stronger franc will cut sales in China of two well-known symbols of luxury from Switzerland - watches and chocolates, analysts say.
UBS Group AG, the largest Swiss bank, said its wealthiest clients will be attracted to US dollars after Switzerland roiled markets by scrapping the franc's cap.
A newly approved free trade zone in Fujian province will be established in March, with the Pingtan Comprehensive Pilot Zone - which will be part of the FTZ - expected to focus on cross-Straits cooperation, local authorities in Pingtan said on Friday.
One, if not the most, critical factor in understanding the current state of the China-US relationship and where it is heading is the ability to see the larger picture. The relationship has been an intrinsically complex one from the very beginning and it is even more so in this time of major change. It presents both opportunities and challenges, featuring contradictory trends and competing interests.
HONG KONG Special Administrative Region Chief Executive Leung Chun-ying announced the city was ending its capital investment immigration program in his Policy Address on Wednesday. Leung said Hong Kong is now looking for talent rather than capital. Comments:
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