Shandong Hengfeng Bank sells high-priced insurance with loans, sparking controversy.
Several borrowers in mainland China have recently lodged complaints about being required to pay insurance fees amounting to 27% of…
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China’s 42 A-share banks continue to see declining net asset yield
Under the dual squeeze of the Chinese Communist Party’s financial and fiscal policies, the return on equity (ROE) of 42…
Two-Thirds of Voters Believe New York Cost of Living is a Serious Issue
A recent poll conducted by Siena College reveals that a majority of New York voters are dissatisfied with the cost…
Net profit drops by 4008%: “Supply and Marketing Grand Gathering” sells its subsidiary for 1 yuan.
On May 6, 2026, Supply and Marketing Da Ji Group Co., Ltd. (Supply and Marketing Da Ji) announced that it…
Gold prices plummet, Chinese gold jewelry prices drop below 1400 yuan per gram.
International gold and silver prices experienced a significant drop on May 4. Due to the influence of international gold prices,…
Li Ka-shing sells UK telecom business, cashes in 45.5 billion
On May 5th, the Cheung Kong Group, under the Li Ka-shing family, announced the agreement to sell all its equity…
Mainland ETF Fund with 900 Billion Withdrawn, New Issuance Cut in Half
The total amount of ETF funds issued in mainland China in the first four months of this year decreased by…
Chinese Top Photovoltaic Companies Suffer Ten Consecutive Quarters of Losses Despite Anti-Internal Concussion Efforts
The “anti-internal circulation” movement in the Chinese photovoltaic industry has been ongoing for nearly a year without showing results. In…
Chinese new energy vehicle stocks see prices fall across the board, with XPeng Hong Kong shares dropping nearly 7%.
On May 5th, the Hong Kong stock market opened lower, with all three major indices falling collectively. The Hang Seng…
China’s Color TV Sales Hit Nearly a 10-Year Low Last Year, With 27.63 Million Units Sold
Recently, Beijing Owiyun Network Big Data Technology Co., Ltd. (AVC) disclosed that in 2025, only 27.63 million color TVs were…