Tonight on “The Amazing Race,” in the penultimate leg, the final four teams compete for the chance to make the final three and one racer receives the surprise of a lifetime after their elimination. Then, in the final leg, the remaining three teams get schooled in American history, and after eight countries, 14 cities and …
China International Capital Corp is planning to demote some of its senior bankers and cut their pay, people with knowledge of the matter said, an unusual move that could lead to voluntary departures.
In the spotlight due to the Netflix hit 3 Body Problem, China’s sci-fi industry saw revenues grow by 29 per cent year on year to 13.29 billion yuan (US$15.6 billion) in 2023.
Technical factors, like the unwinding of the ‘Asia ex-China’ trade, seem to be driving Hong Kong’s stock rally, as opposed to underlying fundamentals. In the longer run, the narrative around China’s economy and markets has to brighten considerably if Hong Kong stocks are to continue their recovery.