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"Fintech and education companies accounted for most of China's IPOs in the US, reflecting the latest development trend of China's new economy," said King Li, EY assurance partner.
"For better distribution of wealth," Wang suggested, "the government can also consider raising taxes on those making HK million a year or more, and increasing taxes on property transactions valued at HK million or more."
"Given the impact that the COVID-19-generated crisis has had on the aviation industry, LATAM has been forced to make a series of extremely difficult decisions in the past few months," said the airline's CEO Roberto Alvo in a video statement.
"For smaller loan applicants, the major difficulty is the information asymmetry," he said. "How to reduce default risks of unsecured loans by monitoring the cash flows of companies is also a challenge, because small and micro enterprises are asset-light and short of pledges."
"Going forward, we are quite excited to work with the firm to drive the sustainable development of Maoyan in the Chinese entertainment industry," he added.
