CICC to Pay 2024 Bonuses After Delay

CICC, a big investment bank in China, is finally giving out bonuses for 2024 after a long delay.

The delay happened because of new rules about how much bankers can earn and because CICC was talking about buying other smaller banks.

The bonuses won't be as big as what bankers get in other countries, but they are better than what Chinese bankers have gotten in recent years.

The bank's business is doing well, and it's the top bank for new stock sales in Hong Kong this year.

However, the Chinese government has been trying to make sure bankers don't earn too much money, so salaries and bonuses have been cut.