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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Nam Kim Steel Joint Stock Company (NKG-HOSE) has disclosed an insider-related transaction involving Mr. Ho Minh Phat, the son of Mr. Ho Minh Quang, Chairman of the Board of Directors of NKG. Mr. Phat registered to purchase 5 million NKG shares for personal financial investment purposes. The transaction is expected…
China's most indebted real estate developer, Evergrande, and its founder faced a range of charges including misappropriation of funds, fundraising fraud, and taking public deposits, according to a Shenzhen city court announcement. In a statement posted on the court's official WeChat account, Xu Jiayin said he had pleaded guilty and expressed remorse during hearings held on April 13 and 14. Evergrande defaulted in 2021 on the majority of its roughly $300 billion in debt, along with billions of dollars in asset-management products, becoming a symbol of the prolonged crisis in China's real estate sector, which has weighed on economic growth. Reuters said it had not been able to reach Xu Jiayin, who has not appeared in public since his detention by Chinese authorities in 2023 following Evergrande's collapse. Previously, in 2024, Chinese securities regulators fined him $6.6 million and banned him from the stock market for life, after determining that Evergrande's core unit inflated profits and engaged in securities fraud. In addition to the charges, the court said Xu Jiayin and Evergrande faced further allegations including illegal lending, issuing fraudulent securities, and bribery through related entities. The sentencing date has not yet been announced.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
