Exclusive-China's Nio explores investment, tech alliances with Mercedes

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Exclusive: China's Nio explores investment, tech alliances with MercedesNio has held exploratory talks with Mercedes-Benz for a tie-up that would see the German automaker invest in the Chinese electric vehicle startup in exchange for technology, two people with direct knowledge of the matter said.
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Exclusive: HSBC to acquire Citigroup China consumer wealth business -sourcesHSBC is set to acquire Citigroup's China consumer wealth management business, which manages more than $3 billion in assets, two sources with knowledge of the matter said, in a major boost to the London-based bank's business in that country.
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