Browsing: Chinas

Add preferred source Guosheng Securities, a Chinese brokerage, faces a warning and a 290,000 yuan (approximately $43,000) fine from the Jiangxi Bureau of the China Securities Regulatory Commission (CSRC) for major deficiencies in brokerage business controls, significant failures in implementing real-name account requirements, and serious violations of information security regulations. The firm is also barred…

China’s elderly have shown a growing demand for online products and services thanks to their increasing incomes, easier access to online platforms, and the nation’s improved social security foundation, according to a recently released report by the China Research Center on Aging and a research center under the Taobao and Tmall Group. The report shows…