Caixin

Zhuyeqing Tea Returns as Gift of China at 2024 Davos World Economic Forum

Retrieved on: 
Wednesday, January 17, 2024

From 15 to 19 January, the 54th Annual Meeting of the World Economic Forum (WEF) convened in Davos, Switzerland.

Key Points: 
  • From 15 to 19 January, the 54th Annual Meeting of the World Economic Forum (WEF) convened in Davos, Switzerland.
  • It was there that Zhuyeqing Tea, Gift of China, was once again served as the "Official Tea for 2024 Davos-Caixin CEO Roundtable".
  • Zhuyeqing Tea, the Gift of China, brought a touch of harmony and peace to the event through the timeless values it embodies.
  • Zhuyeqing Tea, made from tea buds plucked in the high mountains before the Qingming Festival, has been the top-selling green tea in China for 16 consecutive years.

Shen Peng Awarded Charitable Entrepreneur of For Good Awards 2022

Retrieved on: 
Monday, December 19, 2022

BEIJING, Dec. 19, 2022 /PRNewswire/ -- The annual conference of For Good Awards of China Social Enterprise and Impact Investment Forum declared the winners of For Good Awards 2022.

Key Points: 
  • BEIJING, Dec. 19, 2022 /PRNewswire/ -- The annual conference of For Good Awards of China Social Enterprise and Impact Investment Forum declared the winners of For Good Awards 2022.
  • Mr. Peng Shen, Founder and CEO of Waterdrop, was awarded one of the Top 10 Charitable Entrepreneurs of For Good Awards 2022.
  • For Good Awards 2022 is sponsored by Xiangguang Future, co-sponsored by Caixin Global and Cyzone, and organized by Shanda960.com as an annual public welfare award oriented to Chinese social enterprises, influential investment institutions, charitable commercial enterprises, charitable academic researchers, and industry promoters.
  • As one of the Charitable Entrepreneurs of For Good Awards 2022, Peng Shen said that this honor is a recognition for himself and an affirmation for Waterdrop.

EVERGRANDE: International bond investors facing 22.5 billion USD write-offs

Retrieved on: 
Monday, October 25, 2021

Among the already known institutional investors are such well-known addresses as Fidelity, Blackrock, UBS, Ashmore Group, Prudential, HSBC, Pictet, Vontobel, BNP and Allianz.

Key Points: 
  • Among the already known institutional investors are such well-known addresses as Fidelity, Blackrock, UBS, Ashmore Group, Prudential, HSBC, Pictet, Vontobel, BNP and Allianz.
  • "At the same time, we are far from aware of all international investors, but only 148 investors with increased reporting obligations, such as fund companies, who have invested a total of $3.44 billion, are known.
  • "Assuming an average recovery of five percent, international investors would have to immediately write off around $22.5 billion in the event of insolvency," report author Metzler calculates.
  • "In the worst case, some of the international investors we don't know today could then also face bankruptcy."

EVERGRANDE: International bond investors facing 22.5 billion USD write-offs

Retrieved on: 
Monday, October 25, 2021

Among the already known institutional investors are such well-known addresses as Fidelity, Blackrock, UBS, Ashmore Group, Prudential, HSBC, Pictet, Vontobel, BNP and Allianz.

Key Points: 
  • Among the already known institutional investors are such well-known addresses as Fidelity, Blackrock, UBS, Ashmore Group, Prudential, HSBC, Pictet, Vontobel, BNP and Allianz.
  • "At the same time, we are far from aware of all international investors, but only 148 investors with increased reporting obligations, such as fund companies, who have invested a total of $3.44 billion, are known.
  • "Assuming an average recovery of five percent, international investors would have to immediately write off around $22.5 billion in the event of insolvency," report author Metzler calculates.
  • "In the worst case, some of the international investors we don't know today could then also face bankruptcy."

Leading Business School in China Launches Report on the Chinese Economy's Trends and Changes

Retrieved on: 
Wednesday, September 1, 2021

BEIJING, Sept. 1, 2021 /PRNewswire/ -- Leading business school in China, Cheung Kong Graduate School of Business (CKGSB), launches a report, "China's Economy: Its Past, Present and Future," featuring eight Chinese and global experts who weigh in on the key trends and changes in China's economic development, the global implications, as well as the challenges and opportunities its future holds.

Key Points: 
  • BEIJING, Sept. 1, 2021 /PRNewswire/ -- Leading business school in China, Cheung Kong Graduate School of Business (CKGSB), launches a report, "China's Economy: Its Past, Present and Future," featuring eight Chinese and global experts who weigh in on the key trends and changes in China's economic development, the global implications, as well as the challenges and opportunities its future holds.
  • The report offers frank and fresh viewpoints from seasoned CKGSB academics, who run regular surveys and indices on the latest industry trends, to unique analyses from influential China watchers worldwide.
  • Established inBeijinginNovember 2002with support from the Li Ka Shing Foundation, CKGSB isChina'sfirst privately-founded and research-driven business school.
  • Located acrossChinainBeijing,ShanghaiandShenzhenwith global offices inNew York,LondonandHong Kong, the school offers innovative MBA, Executive MBA, Business Scholars Program (DBA), and Executive Education programs.

Leading Business School in China Launches Report on the Chinese Economy's Trends and Changes

Retrieved on: 
Wednesday, September 1, 2021

BEIJING, Sept. 1, 2021 /PRNewswire/ -- Leading business school in China, Cheung Kong Graduate School of Business (CKGSB), launches a report, "China's Economy: Its Past, Present and Future," featuring eight Chinese and global experts who weigh in on the key trends and changes in China's economic development, the global implications, as well as the challenges and opportunities its future holds.

Key Points: 
  • BEIJING, Sept. 1, 2021 /PRNewswire/ -- Leading business school in China, Cheung Kong Graduate School of Business (CKGSB), launches a report, "China's Economy: Its Past, Present and Future," featuring eight Chinese and global experts who weigh in on the key trends and changes in China's economic development, the global implications, as well as the challenges and opportunities its future holds.
  • The report offers frank and fresh viewpoints from seasoned CKGSB academics, who run regular surveys and indices on the latest industry trends, to unique analyses from influential China watchers worldwide.
  • Established inBeijinginNovember 2002with support from the Li Ka Shing Foundation, CKGSB isChina'sfirst privately-founded and research-driven business school.
  • Located acrossChinainBeijing,ShanghaiandShenzhenwith global offices inNew York,LondonandHong Kong, the school offers innovative MBA, Executive MBA, Business Scholars Program (DBA), and Executive Education programs.

DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Kingold Jewelry, Inc. and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, August 26, 2020

Investors have until August 31, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until August 31, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • On June 29, 2020, Caixin Global published an article entitled Cover Story: The Mystery of $2 Billion of Loans Backed by Fake Gold.
  • On this news, shares of Kingold stock fell $0.27 per share, or over 24%, to close at $0.85 per share on June 29, 2020.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Kingold Jewelry, Pilgrim’s Pride, GEO Group, and Wirecard and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, August 19, 2020

On June 29, 2020, Caixin Global published an article entitled Cover Story: The Mystery of $2 Billion of Loans Backed by Fake Gold.

Key Points: 
  • On June 29, 2020, Caixin Global published an article entitled Cover Story: The Mystery of $2 Billion of Loans Backed by Fake Gold.
  • On this news, shares of Kingold stock fell $0.27 per share, or over 24%, to close at $0.85 per share on June 29, 2020.
  • Following the Companys announcement, Wirecards American depositary receipts (ADRs) fell$38.30per ADR, or 65.47%, to close at$20.20per ADR onJune 18, 2020.
  • For more information on the Wirecard class action go to: https://bespc.com/wirecard
    About Bragar Eagel & Squire, P.C.

KINGOLD ALERT: Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Kingold Jewelry, Inc. and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, July 1, 2020

Investors have until August 31, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until August 31, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • On June 29, 2020, Caixin Global published an article entitled "Cover Story: The Mystery of $2 Billion of Loans Backed by Fake Gold."
  • On this news, shares of Kingold stock fell $0.27 per share, or over 24%, to close at $0.85 per share on June 29, 2020.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Premia Partners celebrated strong return for China New Economy ETF and waived manager's fee for US Treasury Floating Rate ETF

Retrieved on: 
Monday, May 18, 2020

Recently we celebrated the HKEx 2019 Top Performing Total Return Award for our flagship Premia CSI Caixin China New Economy ETF which continued with strong 8.8%[1] YTD return.

Key Points: 
  • Recently we celebrated the HKEx 2019 Top Performing Total Return Award for our flagship Premia CSI Caixin China New Economy ETF which continued with strong 8.8%[1] YTD return.
  • With immediate effect, we shall waive our fee and may subsidize part of the third-party expenses[2] of the Premia US Treasury Floating Rate ETF, temporarily until end of 2020 or further notice.
  • Premia Partners was founded in Hong Kong in 2016, by a group of enthusiasts who believe in enabling investors with efficient investment tools.
  • On USD NAV total return basis, YTD return as of 13th May 2020 was 8.8%, and 2019 calendar year return was 43.4%.