by Shawn Jiang | Oct 28, 2024 | Glopen, In-depth, Newsletter, Services
16th BRICS Summit Marks New Era of “Big BRICS Cooperation” Following Historic Expansion From October 22 to 24, the 16th BRICS Summit was held in Kazan, Russia, marking the first summit since the historic expansion of BRICS membership from five to ten nations. Leaders...
by Shawn Jiang | Oct 28, 2024 | In-depth, Newsletter, Services
China’s Social Financing Stock Reaches CNY 402.19 Trillion by End of September 2024, Up 8% Y-o-Y On October 14, the People’s Bank of China (PBOC) reported that the stock of social financing reached CNY 402.19 trillion by the end of September 2024, reflecting an...
by Shawn Jiang | Oct 10, 2024 | China, Explore, Glopen, In-depth, Newsletter, Services
Historic Milestone: Market Transaction Surpasses 1 Trillion in Just 20 Minutes On the first trading day following the National Day holiday, the Chinese stock market experienced a historic moment. On October 8th, the Shanghai Composite Index opened with a gain of...
by Shawn Jiang | Oct 7, 2024 | China, Explore, Glopen, In-depth, Newsletter, Services
How the Fed Rate Cut Will Affect the Average Chinese Citizen? The recent decision by the Federal Reserve (Fed) to cut interest rates has become a focal point of discussion across various sectors, from financial markets to everyday citizens. This marks the first rate...
by Shawn Jiang | Jul 25, 2024 | Automotive, Business, China, Glopen, In-depth, Newsletter, Services, Travel
China Aims to Accelerate New Development Model Construction of Real Estate The Chinese government has proposed to accelerate the establishment of a housing system that combines renting and purchasing, and to speed up the construction of a new model for real estate...
by Boyang Shen | Jun 24, 2024 | Automotive, Business, China, In-depth, Newsletter, Services
1.Shanghai, Shenzhen, and Beijing Stock Exchanges Resume IPO Acceptance Due to the sluggish market environment, the China Securities Regulatory Commission (CSRC) had tightened the pace of IPOs since August 27 last year. As of June 21, only five new companies have been...