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Search resuls for: "Chaoyang Public Security"


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Morning Bid: Stocks stall after VIX hits pre-COVID low
  + stars: | 2023-11-27 | by ( ) www.reuters.com   time to read: +5 min
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 17, 2023. As U.S. markets return in earnest from the long Thanksgiving weekend, Friday's shortened session threw up a remarkable milestone. Ten-year Treasury yields hovered just under 4.50% first thing, about 10 basis points up from Wednesday's intraday low. Deutsche Bank on Monday said it expected a whopping 175bp of Fed rate cuts in 2024 as a mild recession there hits - leaving the policy rate at just 3.63% at yearend. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Brendan McDermid, Mike Dolan, Wall, Friday's, Jerome Powell, MSCI's, Christine Lagarde, Bernadette Organizations: New York Stock Exchange, REUTERS, Mike Dolan Global, Treasury, Federal Reserve, Fed, Deutsche Bank, Property, Zhongzhi Enterprise Group, Chaoyang Public Security, Health, Beijing, Exchange, Reuters, Beijing Stock Exchange, Dallas Fed, . Treasury, Central Bank, Sciences, Share, Graphics Reuters, Thomson Locations: New York City, U.S, China, yearend, Asia, European, Gaza, Beijing
The office building of Zhongrong International Trust, a trust company partially owned by Zhongzhi Enterprise Group, in Beijing, China August 22, 2023. REUTERS/Florence Lo Acquire Licensing RightsSHANGHAI, Nov 25 (Reuters) - Beijing police are investigating suspected crimes committed by Zhongzhi Enterprise Group, a leading Chinese wealth manager, according to a social media post published by the Chaoyang Public Security Bureau on Saturday. Zhongzhi did not immediately reply to an email request for comment after normal business hours on Saturday. Zhongzhi apologised to its investors in a letter issued on Wednesday that said it had total liabilities of about 420 billion yuan ($58 billion) to 460 billion yuan ($64 billion), compared to estimated total assets of 200 billion yuan. The post did not specify what crimes Zhongzhi or the individuals were suspected of having committed.
Persons: Florence Lo, Zhongzhi, Casey Hall, Mark Potter Organizations: International Trust, Zhongzhi Enterprise Group, REUTERS, Rights, Chaoyang Public Security, Thomson Locations: Beijing, China, China's
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