Ministry of Finance of the People's Republic of China

Hywin Holdings’ CFO Recognized Among “Top Ten CFOs of 2022” at 17th China CFO Conference

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星期二, 四月 25, 2023

Xinlicai Magazine is the national professional magazine in China guided by the Ministry of Finance to hold CFO awards, underpinned by the nation’s top industry experts in the financial sector.

Key Points: 
  • Xinlicai Magazine is the national professional magazine in China guided by the Ministry of Finance to hold CFO awards, underpinned by the nation’s top industry experts in the financial sector.
  • It provides the latest and authoritative fiscal and tax policies interpretation and market analysis, with strong and extensive influence across China.
  • “On behalf of Hywin, I am very proud to be recognized at the 2022 China CFO Conference,” Mr. Lok said.
  • This period also marked an exciting new entry into Hywin Health for us.”

AM Best Upgrades Issuer Credit Rating of China Reinsurance (Group) Corporation and Its Subsidiaries

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星期五, 十一月 18, 2022

AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to a+ (Excellent) from a (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of China Reinsurance (Group) Corporation (China Re) (China) and its subsidiaries.

Key Points: 
  • AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to a+ (Excellent) from a (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of China Reinsurance (Group) Corporation (China Re) (China) and its subsidiaries.
  • The ratings also recognise the strategic role China Re has in supporting the continuous development of Chinas insurance and reinsurance industry.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

Approval by Mandatory Provident Fund Schemes Authority (“MPFA”) of ICBC CSOP FTSE Chinese Government and Policy Bank Bond Index ETF as approved Index-Tracking Collective Investment Schemes ("ITCIS")

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星期二, 六月 28, 2022

CSOP Asset Management Limited (CSOP) is glad to announce that ICBC CSOP FTSE Chinese Government and Policy Bank Bond Index ETF (ticker: 3199.

Key Points: 
  • CSOP Asset Management Limited (CSOP) is glad to announce that ICBC CSOP FTSE Chinese Government and Policy Bank Bond Index ETF (ticker: 3199.
  • HK) was admitted to Index-Tracking Collective Investment Schemes ("ITCIS") as the first Chinese government bond ETF approved by Mandatory Provident Fund Schemes Authority (MPFA) on 23 June 2022.
  • As of April 2022, foreign institutions hold more than RMB 3.7 trillion (over USD 580 billion) of onshore Chinese bonds6.
  • As the leading Chinese government bond ETF issuer in the region, CSOP manages the largest Chinese government bond ETFs in Hong Kong and Singapore respectively, bridging China onshore government bond market with investors in the region.

The Digital Currency Monetary Authority Introduces a Global Digital Banking Framework for Crypto 2.0

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星期三, 六月 22, 2022

WASHINGTON, June 22, 2022 /PRNewswire/ -- The Digital Currency Monetary Authority (DCMA) introduces a global regulatory compliant framework for broader banking and financial services adoption of cryptocurrencies and digital assets.

Key Points: 
  • WASHINGTON, June 22, 2022 /PRNewswire/ -- The Digital Currency Monetary Authority (DCMA) introduces a global regulatory compliant framework for broader banking and financial services adoption of cryptocurrencies and digital assets.
  • The DCMA's executive team has been working with governments and central banks on blockchain and digital currency cryptography since 2013.
  • When the Biden Administration released its Executive Order on Digital Assets, the United States Treasury requested and met with the DCMA to discuss a digital assets guidance framework for the banking industry.
  • The first Crypto 2.0 Global Digital Banking Summit is being hosted by the DCMA on July 28, 2022 at Constitution Club of India in New Delhi.

Global and China Heavy Truck Industry Report, 2021-2022 & 2027 - ResearchAndMarkets.com

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星期二, 三月 15, 2022

The "Global and China Heavy Truck Industry Report, 2021-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global and China Heavy Truck Industry Report, 2021-2027" report has been added to ResearchAndMarkets.com's offering.
  • From 2016 to 2020, China's heavy truck sales surged from 728,000 units to 1,617,000 units, hitting new records for the consecutive four years.
  • It is conceivable that China's heavy truck ownership will reach 11.7 million units in 2025.
  • Global and China Heavy Truck Industry Report, 2021-2027 highlights the following
    China heavy truck industry (definition and classification, development trends, technology, industry standards, etc.)

Bitazza Announces Launch of Global Platform and Listing of Own Utility Token, BTZ, as Its First Push in Leading the Digital Asset Revolution

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星期四, 二月 17, 2022

The platform also announced its roadmap for BTZ, their utility token, which will open for trading on 22/02/2022.

Key Points: 
  • The platform also announced its roadmap for BTZ, their utility token, which will open for trading on 22/02/2022.
  • Bitazza originated from Thailand, where they hold a Digital Asset Brokerage license from the Ministry of Finance and have recently obtained a Digital Asset Exchange License in Sri Lanka.
  • Bitazza stated intentions to acquire additional licenses in other regulated markets, including Cambodia, the Philippines, Australia, and Europe.
  • Bitazza is one of the fastest-growing digital asset platforms with more than 600,000 users to date and a monthly trading volume of over $600 million.

CSOP relaunched CSOP Bloomberg China Treasury + Policy Bank Bond Index ETF (RMB Counter Stock Code: 83199, HKD Counter Stock Code: 3199) in partnership with ICBC AM (Global) – boosting the ETF AUM to over RMB 5 billion

Retrieved on: 
星期二, 十一月 16, 2021

According to historical data, the China onshore bonds offer a higher yield with a relatively lower exchange rate volatility compared to other major economies.

Key Points: 
  • According to historical data, the China onshore bonds offer a higher yield with a relatively lower exchange rate volatility compared to other major economies.
  • In addition, the low correlation between China onshore bonds and global bonds would potentially provide greater portfolio diversification for investors.
  • Worth mentioning, in the past few years, foreign investments continued to flow into China onshore market.
  • As a RMB bond ETF listed on HKEX, 3199.HK helps further enrich the RMB product range in Hong Kong to meet international investors demand for RMB asset allocation.

Global Trade Surveillance Systems Market Forecast to 2028: Opportunities in the Integration of Technologies such as Artificial Intelligence and Machine Learning - ResearchAndMarkets.com

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星期一, 八月 30, 2021

The Securities and Exchange Board of India (SEBI) is the regulating authority for India's securities and commodity markets, and it is overseen by the Ministry of Finance.

Key Points: 
  • The Securities and Exchange Board of India (SEBI) is the regulating authority for India's securities and commodity markets, and it is overseen by the Ministry of Finance.
  • Australian securities market is governed by two independent government agencies: the Australian Securities and Investments Commission (ASIC) and the Reserve Bank of Australia (RBA).
  • Moreover, technological investments were also low owing to the lockdown of all business activities and other critical situations, which hindered the growth of the market.
  • Thus, the APAC trade surveillance system market is witnessing moderate impact of the pandemic.

AM Best Affirms Credit Ratings of China Taiping Insurance (Singapore) Pte. Ltd.

Retrieved on: 
星期四, 七月 22, 2021

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of China Taiping Insurance (Singapore) Pte.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of China Taiping Insurance (Singapore) Pte.
  • CTPIS is a wholly owned subsidiary of China Taiping Insurance Holdings Company Limited, which is ultimately majority owned by China Taiping Insurance Group Ltd. (TPG), a Chinese state-owned financial and insurance group.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of CITIC Capital Acquisition Corp. Merger

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星期二, 六月 29, 2021

WILMINGTON, Del., June 29, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A.

Key Points: 
  • WILMINGTON, Del., June 29, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A.
  • announces that it is investigating CITIC Capital Acquisition Corp. (CITIC) (NYSE: CCAC ) regarding possible breaches of fiduciary duties and other violations of law related to CITICs agreement to merge with Quanergy Systems, Inc.
    To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-citic-capital-acquisition-corp .
  • You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected] .
  • Rigrodsky Law, P.A.