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On January 3, the first work day of 2023, CEO of Chinese tech firm LeEco Zhang Wei issued a letter to all employees, announcing that a 4.5-day working system would be implemented the following day, giving all employees a flexible half-day every Wednesday.
Installment consumption habits of Generation Z in China are driving the whole nation towards a new consumption model. And it doesn’t seem like the model is going to die down in the coming decades.
Evergrande New Energy Vehicle Investment Holding Group Co., Ltd., an automobile business arm of Evergrande, recently added new information regarding its listing as a judgment debtor.
On Thursday, Soho China released an announcement that its chairman Pan Shiyi intended to sell 32,000 m² of properties in Beijing and Shanghai at a 30% discount.
Following a tumultuous first half of 2021, China Evergrande Group rebounded during Monday trading at the Hong Kong Stock Exchange as it made moves to sell off assets and stabilize its debt-ridden finances.
On June 23, Tianyancha showed that Dongxia Datong Company was listed as a judgment debtor by the Haidian District People's Court of Beijing, obliging it to pay about 13.416 million yuan in fines.