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The State Council appoints and dismisses state employees, and has removed Wang Jianjun from the position of Vice Chairman of the China Securities Regulatory Commission.

date
21/05/2025
The State Council appoints and removes national staff, removing Wang Jianjun from the position of Vice Chairman of the China Securities Regulatory Commission.
Latest
1 m ago
SASAC-financed aviation industry fund: The stock will be delisted on May 27th.
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HSBC ties UK retail banking staff bonuses to whether they work in the office.
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HSBC ties bonuses for UK retail bank employees to whether they work in the office.
2 m ago
More than ten banks take turns reducing interest rates. It is better to deposit for 1 year than to deposit for 5 years or gradually disappear.
2 m ago
Previously, First Financial reported that many banks were experiencing the phenomenon of "it's better to deposit for one year than two years" and "it's better to deposit for one year than five years." Now, with the wave of interest rate cuts on deposits, the interest rates for current and medium-term deposits have generally been lowered, with top institutions like China Merchants Bank leading the way in eliminating the inverted yield curve for one-year and five-year deposits. Currently, the phenomenon of inverted yield curves in medium and small banks still exists. Some industry insiders believe that as medium and small banks continue to lower their short and medium-term deposit rates, the inverted yield curve between short-term and long-term deposit rates may also decrease or disappear. It is worth noting that the intention of banks to encourage depositors to "deposit short-term" is still clear, as they reshape the deposit market landscape through refined pricing strategies in response to the pressure of narrowing net interest margins. (First Financial)
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