Edmond de Rothschild invests $100 mln in Yuan shares

Initiatives

La Compagnie Financiere Edmond de Rothschild Banque won approval to invest $100 million in yuan-denominated shares and bonds, China's foreign-exchange regulator said in a statement today. Under China's so-called qualified foreign institutional investor program, investors with at least $10 billion in assets and $50 million to spend can apply to the securities and foreign-exchange regulators for a license and a quota to buy yuan shares and bonds. (Bloomberg)

ADVERTISEMENT

Companies Unprepared for Cyberattack Analysis

Companies Unprepared for Cyberattack

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

Higher Sugar Prices Raising Holiday Candy Costs Retail

Higher Sugar Prices Raising Holiday Candy Costs

Hungarian Tourism in Croatia Returning to Pre-pandemic Level... Tourism

Hungarian Tourism in Croatia Returning to Pre-pandemic Level...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.