Saturday , November 23 2024

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SCB holds meeting with An Dong bond buyers

SCB holds meeting with An Dong bond buyers

The Saigon Commercial Bank has held a meeting with investors who bought bonds from An Dong Investment Group, a company it endorsed but which has allegedly committed fraud. The meeting in Ho Chi Minh City Monday came on city authorities’ instructions. Many investors said at the meeting that SCB employees …

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China’s super-rich see fortunes plunge as economy slows

China's super-rich see fortunes plunge as economy slows

China’s super-rich saw their wealth tumble by the most in over two decades this year, as the Russia-Ukraine war, Beijing’s zero-Covid measures and falling mainland and Hong Kong stock markets pummeled fortunes, an annual rich list said on Tuesday. The Hurun Rich list, which ranks China’s wealthiest people with a …

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