Page 2 - Qi Wang News Today

The 16-year veteran of the firm will report to group CIO Dan Ivascyn.

* Edmond Hui, Bright Smart Securities: "This wave of closings and layoffs affecting brokerage houses is the most severe we have ever seen"A historic drop of $4.6 trillion in the capitalization of the Hong Kong Stock Exchange is being felt in the city's financial industry, according to a Bloomberg analysis, which shows that 30 local brokerage houses have closed this year after a record of 49 houses closed in 2022.

Thirty local brokerages have closed down this year, after a record 49 shut shop in 2022, as the Hong Kong stock market heads into its fourth year of declines, the longest losing streak in its history.

A historic slump in Hong Kong’s US$4.6 trillion stock market is rippling through the city’s financial industry.Thirty local brok...

The prolonged Hong Kong stock market slump is the reflection of a persistent slowdown in the economy. The historic slow growth in Hong Kong’s $4.6 trillion stock market has forced thirty local brokerages to close down this year

Moodys negative outlook on China has intensified Beijings battle with market bears, raising pressure on the government for more forceful measures to prop up sinking stocks and stabilise the yuan...

It’s nearly impossible to sell anyone China exposure this year, according to fund manager Jason Hsu. Chinese stocks were supposed to be top global performers at the start of 2023. Instead, people got it spectacularly wrong.

Investors are making a tentative return to Chinas beaten-down stock markets as the government opened the stimulus taps, including pressing a national fund for support, but they remain mindful the...

SHANGHAI/SINGAPORE :Investors are making a tentative return to China's beaten-down stock markets as the government opened the stimulus taps, including pressing a national fund for support, but they remain mindful the economy and sentiment are still fragile. China's benchmark CSI300 Index staged a moderate

A recent study from the lab of Dr. Jianrong Tang, associate professor at Baylor College of Medicine and principal investigator at the Jan and Dan Duncan Neurological Research Institute (Duncan NRI) at Texas Children's Hospital shows that deep brain stimulation (DBS) of a specific brain region results in a significant and sustained improvement of memory in Rett mice.