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Stock Frenzy Leads to Surge in Large CD Redemptions

The previously highly sought-after large-denomination certificates of deposit have cooled down, with some even being sold at a discount.Recently, many bank apps have seen a surge in the transfer of la...

Sep-04 , 2024

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Bank Boosts Property Market with Adjusted Mortgage Rates

The "stable stock" housing policy continues to gain momentum. Since the People's Bank of China issued an announcement regarding the improvement of the pricing mechanism for commercial personal housing...

Jul-08 , 2024

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"Frequent SME Bank Equity Transfers: HuaXing Bank's 500M Shares on Sale at 70% Discount"

Recently, the Alibaba Judicial Auction website announced that on October 28th, 175.8 million shares of Guangdong Huaxing Bank Co., Ltd. (hereinafter referred to as "Huaxing Bank") will be auctioned at...

Jul-23 , 2024

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Nippon Steel: May Sell Stake in Joint Venture with ArcelorMittal if Acquires U.S. Steel (X.US)

Nippon Steel Corporation said on Friday that if it successfully acquires United States Steel Corporation (X.US), the company will sell its 50% stake in a joint venture steel mill in Calvert, Alabama, ...

May-14 , 2024

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Stock-Bond Shift: Capital "Relocation" to Market

After the introduction of a policy "combination punch" to boost the market, the bond market continued to adjust, and the stock market welcomed a significant rise. As investors' risk appetite increased...

Aug-16 , 2024

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Ma Takes Over as Alibaba's Top Shareholder, Boosting Market Value by Billions

Even after experiencing three years of "darkest hour," with Alibaba's market value plummeting by 78%, Jack Ma has demonstrated his confidence in the company through concrete actions. Recently, Jack Ma...

Apr-30 , 2024

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Increasing Domestic Soybean Production in China

"Domestic soybean production is achieving a historic breakthrough," said a person from the agricultural product market monitoring and early warning team of the Agricultural and Rural Ministry's Agricu...

Oct-08 , 2024

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South Korea's First Interest Rate Cut in 4.5 Years Amid Cooling Real Estate and Slowing Inflation

Following signs of cooling in the domestic real estate market and a significant easing of inflationary pressures, the Bank of Korea has reduced its benchmark interest rate, allowing authorities to ult...

Jul-04 , 2024

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Crypto Crash: Bitcoin Dips Below $60K Again

Zhitong Finance APP has learned that the unexpected rise in the U.S. inflation rate in September and the subsequent regulatory actions have dealt a double blow to the cryptocurrency market. The inflat...

Jul-21 , 2024

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