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    Tencent's Tenpay is approved to increase its capital and become the non-bank payment institution with the highest registered capital in the Mainland

    2024.03.16

    According to news released on the People’s Bank of China website on the 15th, Tencent (700)’s payment platform Tenpay has been approved to increase its registered capital to 15.3 billion yuan […]
    Official forecast: Financing costs may fall - Economy - Ming Pao

    2024.03.16

    The "Financial Times", the media in charge of the People's Bank of China, published an article yesterday stating that the market generally believes that there is still room for a decline in financing costs in the next step. It is believed that the current market expects the United States to [...]
    Bloomberg Survey: Economists predict three interest rate cuts in the United States throughout the year – 20240317 – Ming Pao

    2024.03.16

    According to a Bloomberg survey, National Mutual Chief Economist Kathy Bostjancic believes there will be no major changes to interest rates and macroeconomic forecasts […]
    Interest rate cut expectations cool, S&P NASDAQ falls for two weeks in a row

    2024.03.16

    This week, global stock markets were once again affected by cooling expectations for interest rate cuts, with the S&P 500 and Nasdaq falling for the second consecutive week. According to statistics, the S&P 500 and […]
    Official forecast: Financing costs may continue to decline

    2024.03.16

    According to the latest report from the Financial Times, the media in charge of the People’s Bank of China, market experts generally believe that financing costs will continue to decline, and predict that the United States may implement […]
    Tencent's Tenpay increases capital to RMB 15.3 billion

    2024.03.16

    According to news announced by the People's Bank of China on Friday, Tencent (00700)'s online payment platform Tenpay has been approved to increase its registered capital to 15.3 billion yuan. this[…]
    Zhang Zongyong: The new global investment darling of private debt

    2024.03.16

    Last year, due to the high interest rate environment, it was difficult for funds to raise funds. The only bright spot was private debt funds. This is Zhang Zongyong's view. He noted that companies like Goldman Sachs, Blackstone and Bain Capital […]
    Financial analysis: Sora’s commercialization cost problem needs to be resolved

    2024.03.16

    The artificial intelligence (AI) tool Sora came out. While the outside world admired the video presentation effect, the most concern was the cost of its commercial application. Sora’s […]
    Oriental Daily A1: Businesses retreat due to economic crisis

    2024.03.16

    The cold economic wind is blowing across Hong Kong. After the Lunar New Year consumption wave has passed, there are reports of closures in all walks of life in Hong Kong, including time-honored shops that have been operating for more than 70 years, chain restaurants and […]
    The last laugh: Who is lost after thirty years?

    2024.03.16

    Many times, the media will use the term "lost for two or three decades" to describe the scene after Japan's bubble economy burst in the 1990s. During this period, the Japanese economy fell into a long-term low […]
    Tencent's Tenpay is approved to increase capital and become the mainland's non-bank payment institution with the highest registered capital

    2024.03.16

    Tenpay Payment Technology Co., Ltd., a subsidiary of Tencent, recently received approval from the People’s Bank of China to increase its registered capital to 15.3 billion yuan, becoming the mainland’s largest registered capital […]
    China promotes private economic development in six aspects Chen Weiwei and Pang Mengxia

    2024.03.16

    Zheng Shajie, director of the National Development and Reform Commission of China, recently stated that the National Development and Reform Commission will cooperate with relevant departments to inherit and carry forward the “Jinjiang experience” and accelerate […]