Latest news with #Zhejiang
South China Morning Post
8 hours ago
- General
- South China Morning Post
China student, first in family to attend Peking University, receives grand ancestral ceremony
A Chinese student has captivated the nation after being admitted to the prestigious Peking University, where his ancestral clan held a grand celebration to honour him as the family's first such student in a century. Li Guoyao, from Wenzhou, Zhejiang province in southeastern China, was admitted to the university's Strengthening Basic Disciplines programme, where he will major in biology and basic psychology. He is reportedly the first person in his clan in a century to attend a top-tier university. Li Guoyao scored impressive marks in China's national college entrance examination. Photo: Weibo He scored 691 in China's national college entrance exam, or 'gaokao', and has become a beacon of hope and pride for his village, especially given his modest background. 'His father was laying bricks on construction sites to pay for his education, and his mother earned just 2,800 yuan (US$400) a month stocking shelves at a supermarket. This kid truly earned it through his own hard work!' one emotional neighbour said. Another villager told of Li's discipline. The grand ancestral ceremony included a convoy of flower-decorated luxury cars. Photo: Weibo He always used an old phone passed down from his father to complete practice questions, spent weekends in the village library hand-copying exam papers, and never attended a single private tutoring session throughout secondary school.
South China Morning Post
10 hours ago
- Business
- South China Morning Post
Henry Hu, co-founder of Hong Kong Shue Yan University, dies at 105
Henry Hu Hung-lick, a pioneer of private higher education who co-founded Hong Kong's Shue Yan University with his wife, has died at the age of 105. The university said on Monday that the veteran educator died peacefully the previous day, 'with his family by his side'. 'Dr Hu will sadly be missed by all the university's staff, students and alumni,' it said. 'The date of Dr Hu's funeral and memorial activities will be announced separately once his family has finalised the arrangements.' Born in Zhejiang province in 1920, Hu graduated from the National University of Political Science in 1942, where he studied law, diplomacy and Russian to prepare for a diplomatic career in Tashkent in present-day Uzbekistan. Henry Hu and his wife, Chung Chi-yung, established Shue Yan University in 1971. Photo: Robert Ng He and his new wife, Chung Chi-yung, then went to France, where he studied law and international affairs, before moving to England and becoming qualified as a barrister in 1954.
Yahoo
14 hours ago
- Business
- Yahoo
Alibaba Cloud Founder on Silicon Valley Talent Grab
Alibaba Cloud Founder and Zhejiang Lab Director, Wang Jian, has spoken exclusively to our Asia Tech Correspondent Annabelle Droulers about the huge pay packets being offered to hire or poach Artificial Intelligence talent from companies. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
South China Morning Post
2 days ago
- Science
- South China Morning Post
China's navy submarine academy recruits first female students in 72-year history
For the first time in 72 years, China's top training institution for navy submarine personnel recruited 10 women for its bachelor's degree programme. The 10 students, who achieved top scores on this year's university entrance exams, were accepted by the PLA Naval Submarine Academy, according to a social media post by the institution on Thursday. Among the students were Wang Chenyue, from the village of Qianhe in eastern China's Zhejiang province, who scored 647 out of 750 on her exam. As the academy delivered her acceptance letter, she said she had always wanted to join the military , especially the navy. Another incoming student, Yang Jingyue from Taizhou, Jiangsu province, scored 652 out of 750 on her exam. She said she wanted to dedicate herself to China's national defence, according to the social media post. The academy was founded in 1953 and launched undergraduate programmes in 1956, master's degree programmes in 1987, and doctoral programmes in 2003, according to its website. Some of the academy's key strengths and areas of specialisation include navigation technology, underwater target recognition, weapon systems and engineering, and naval architecture and ocean engineering.
CTV News
3 days ago
- Business
- CTV News
Global equity funds draw weekly inflows on trade deal optimism
A Chinese investor walks past a display showing stock prices at a brokerage house in Hangzhou in eastern China's Zhejiang province, Tuesday, Feb. 6, 2018. (Chinatopix via AP) Inflows into global equity funds picked up again in the week through July 23 as optimism over U.S. trade deals, stronger than expected U.S. economic reports and an encouraging start to the corporate earnings season boosted risk sentiment. Global investors snapped up a net US$8.71 billion worth of equity funds during the week, reversing a US$4.4 billion net withdrawal in the prior week, data from LSEG Lipper showed. The United States and Japan agreed a deal earlier this week which cut existing import tariffs on Japanese goods to a lower-than-threatened 15 per cent. Investors were also hopeful about the prospects of the U.S. and the European Union settling on U.S. import tariffs of around 15 per cent. Investors took comfort from encouraging initial earnings reports as advanced AI chip maker TSMC posted a record profit and Gatorade owner PepsiCo upgraded its earnings forecasts. Net European equity fund inflows reached an 11-week high of US$8.79 billion, while Asian funds drew a net US$1.17 billion. U.S. equity funds lagged, although net outflows eased to US$2.68 billion from about US$11.67 billion the prior week. The technology sector gained US$1.61 billion, reversing the previous week's US$576 million net outflow. The financial and industrial sectors also saw US$1.13 billion and US$1.61 billion net additions, respectively. Net purchases of global bond funds extended into a 14th week as they added US$17.94 billion. Investors pumped US$4.14 billion into short-term bond funds, the largest amount in 13 weeks. Euro-denominated bond funds and high-yield funds attracted a net US$3.89 billion and US$2.51 billion, respectively. Gold and precious metals commodity funds recorded a net US$1.9 billion worth of purchases, the largest weekly figure since June 18. Global money market funds drew a net US$2.09 billion after about US$21.78 billion of net sales a week ago. Emerging markets saw a revival in buying interest with investors adding bond funds of US$2.19 billion and equity funds of US$250 million after net disposals of US$1.14 billion and US$155 million in the prior week, data for a combined 29,669 funds showed. --- Reporting by Gaurav Dogra in Bengaluru; Editing by Kirsten Donovan
