(Yicai) July 16 — Several foreign-backed wealth management joint ventures in China, including BlackRock CCB Wealth Management and BNP Paribas ABC Wealth Management, have defied this year’s market downturn by sharply increasing their assets under management. BlackRock CCB Wealth, the joint venture between US asset manager BlackRock and an affiliate of China Construction Bank, recently
The recently released “2024 Shooting Sports—Retail sales and inventory executive snapshot,” unfortunately, presents a year-over-year 5 to 10 percent decline in firearm unit sales. It does contain some good news, however. Suppressor sales were up more than 80 percent in 2024. “In 2024, suppressor sales experienced extraordinary growth, with units sold increasing 80.2% year-over-year and
Aging baby boomers could hold the key to a $1 trillion opportunity in the stock market, Mizuho says. Americans over the age of 75 are expected to make up 10% of the population by 2030, analysts said. Spending by the cohort, meanwhile, is expected to grow by over $1 trillion in the next five years.