US due diligence firm says 5 Chinese staff in Beijing office detained

US due diligence firm says 5 Chinese staff in Beijing office detained

Five Chinese employees at the Beijing office of US due diligence firm Mintz Group have been detained by authorities, the company said Friday. “Chinese authorities have detained the five staff in Mintz Group’s Beijing office, all of them Chinese nationals, and have closed our operations there,” a company statement emailed to AFP said. The firm … Read more

FMCG stocks top D-Street investors’ purchase cart! Will the shopping spree continue?

FMCG stocks top D-Street investors’ purchase cart! Will the shopping spree continue?

Fast moving consumer goods companies were the flavour of the week gone by, as investors added them to their cart in the hope of a rebound in rural consumption and easing profitability pressures. The S&P BSE FMCG index was the top sectoral performer with nearly 2% gains. The index scaled a lifetime high of 16779.73 … Read more