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China s stockbrokers see salaries slashed for second year amid slumping market, crackdown on flashy finance executives

China’s stockbrokers took another pay cut in 2023 as the double whammy of a slumping equities market and a government crackdown on corporate extravagance eroded the incomes of financial workers. Things don’t look much better this year, one fund manager says.

CICC ushers in changes at the top

China International Capital Corporation (3908) announced that Shen Rujun has resigned as chairman and non-executive director. On the recomme.

China s green investment to increase 16 trillion yuan in 5 years: CICC

China’s green investment is expected to increase 16 trillion yuan ($2.32 trillion) over the next five years, significantly higher than the growth rate of traditional sectors such as real estate and infrastructure, according to estimates from China International Capital Corporation (CICC) on Saturday.

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