Citadel Is Only Global Bidder for Credit Suisse’s China Unit

[ad_1] Citadel Securities LLC has made a non-binding offer for Credit Suisse’s securities venture in China, becoming the only global financial firm to submit a bid, people familiar with the…

Moody’s Cuts Outlook for Chinese Banks, Hong Kong, LGFVs

[ad_1] Moody’s Investors Service cut its outlook for eight Chinese banks to negative from stable, a day after unveiling a bearish stance on the nation’s sovereign bonds due to concern…

China Youths Swap City Dreams for Country Living as Jobs Crisis Mounts

[ad_1] Gong Chengqiang used to make 200,000 yuan ($28,000) a year in Hangzhou in a tech company before it shuttered during Covid. He now grows strawberries in rural Zhejiang province,…

China Investors Face Tens of Billions in Losses Over Zhongzhi

[ad_1] As China’s embattled shadow banking giant Zhongzhi Enterprise Group Co. faces a criminal probe, lawyers and analysts are assessing the damage to investors. One estimate puts that at about…

Netherlands Backs Chinese-Owned Nexperia’s Takeover of Chip Firm

[ad_1] Chinese-owned Nexperia BV’s acquisition of chip firm Nowi Energy BV won approval from the Dutch government, which has been probing it on national security grounds. The Netherlands deemed Nowi’s…

Asia Stocks to Fall as Nvidia Caps Sluggish US Day: Markets Wrap

[ad_1] Stock Market Today: Dow, S&P Live Updates for November 22  Bloomberg [ad_2] Source link

Hedge Funds Copy Citadel Fee Model in Fight for Top Asia Traders

[ad_1] Several hedge funds in Asia are starting to mimic global giants like Citadel and Millennium Management by charging clients additional fees to cover costs ranging from employee compensation to…

737 Max Thaw: The Bloomberg Close, Asia Edition

[ad_1] 737 Max Thaw: The Bloomberg Close, Asia Edition  Bloomberg [ad_2] Source link

China to Set Up Strategic Emerging Industry Fund: Business News

[ad_1] China Reform Holdings Corp., a state asset manager, is planning a development fund worth at least 100 billion yuan ($13.7 billion) to invest in strategic emerging industries, China Business…