Currently, funds that own 5% or more of a China-listed company must forgo gains from short-term trading, defined as selling shares within six months of buying them, or buying of shares within six months of their sale, according to Chinese securities law. However, regulators determine short-term trading based on the holdings of each product in the case of Chinese funds, but on the combined holdings in the case of foreign ones. The China Securities Regulatory Commission (CSRC) plans to also implement product-based short-term trading rules for foreign funds, in order to facilitate foreign investment, according to the newspaper.
Author: Stanley Bowers
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A “real change” Iran -which lives under harsh sanctions from the United States- is suffering a serious economic crisis and has already registered protest movements in recent years, such as in 2009 after the disputed re-election of Mahmud Ahmadinejad or in 2019 when people took to the streets to protest against a brutal rise in the price of energy. But none of these movements had threatened the foundations of the Islamic Republic to such an extent, said Shadi Sadr, director of Justice for Iran, a UK-based NGO. “The uprising began as a response to the restrictions placed on women ……
During the event organized at the Felipe Ángeles International Airport for the arrival of the World Cup in Mexico, the Foreign Minister spoke with the media about the project called Centro México. A link instance for Mexicans who visit the Arab country and have guidance to be able to enjoy their visit without having problems with the local authorities. “Let’s remember that Mexico will host the 2026 World Cup, so by finishing this World Cup on December 18 we receive the courier,” Ebrard said. “Mexico will be the center of all eyes in 2026”. He justified the operation of this…
“Further interest rate hikes will be needed to bring the inflation rate back to 2% in the medium term, and not just at the monetary policy meeting at the end of October,” Nagel said in a speech in Washington. “The ECB Governing Council must not loosen up too soon.” Markets are currently forecasting a 75 basis point move on October 27, the same as the September hike, and few if any policymakers have publicly pushed back on these expectations. “As monetary policy continues to normalize, the possibility of reducing the Eurosystem’s asset holdings, which amount to almost €5 trillion, will…
“We seek to have a relevant brand and present it to the new generations. There are buyers who do not have access to our distributors, but go to the malls and if they see our products in the store, then they can search for them online,” he says. To achieve this growth, Tupperware will offer a scheme similar to franchises. It will consider its vendors first, then other private investors, who will put up the capital and decide on studio locations. This is a model that the company has deployed in countries like China, where it has approximately 5,000 stores.…
The company filed for Chapter 11 of the Bankruptcy Law in 2020 due to the impact of the pandemic and last June obtained court approval to exit the process after presenting a reorganization plan that intends to inject some 8,000 million dollars by increasing capital, issuance of convertible bonds and new debt. Said process will allow the group to emerge more agile, with a more competitive cost structure, adequate liquidity to face the future, with approximately 10.3 billion dollars in equity and a debt close to 6.9 billion dollars. disclosed by the company. This week, the airline provided the details…
What did Daniel Servitje study? Daniel Servitje is the third to run the family business, after his uncle Roberto and his father. He was born in Mexico City on April 1, 1959 and graduated with a degree in Business Administration from the Universidad Iberoamericana and obtained a Master’s degree from Stanford University, with a Master of Business Administration (MBA). In 1997 he assumed the management of Grupo Bimbo and as of July 2013 he was also named the successor of his uncle Roberto as Chairman of its Board of Directors. What kind of leader is Daniel Servitje? Grupo Bimbo has…
Banknote counterfeiting had reported its third consecutive year on the decline in 2021, but everything indicates that due to greater mobility, this crime returned to pre-pandemic levels. Banxico data indicates that so far in 2022, the third quarter of the year was when there were more counterfeit bills in circulation, with June being the month with the highest figure: 44,190 counterfeit pieces. Which banknotes are counterfeited the most? And just as the habits of Mexicans have been changing due to the pandemic, criminals have also changed their preferences. Banxico data shows that while in 2021, the 200-peso bill was the…
For the exhibition, Porcelanosa represents the concept of “Home” by recreating a warm space with textures. With finishes of wood, sintered stone and mosaics, giving life to the corners of a house: two living rooms, one bedroom, two full bathrooms, a bar area and the Finisht Studio art and inspiration space (an invitation to experience the spaces with eco-sustainable designs). Get to know the “Home” experience, because it makes you feel in a cozy environment, as if it were a real space full of colors, smells and flavors. On this occasion, the atmosphere created by Porcelanosa and its allies —Casa…