As the leading enterprise in China’s non-ferrous metal mining industry, Zijinshan Gold and Copper Mine (Zijin Mining) started to disclose corporate social responsibility reports in 2008 and had released environmental, social, and governance (ESG) reports since 2019, making it the first company in the mining industry to disclose ESG performance. As the mining industry had higher consumption, pollution, and risk than many other industries, its investment .....more

Teaching note for product W47720.

In November 2025, Diana Wang, financial analyst at Tap-Tap Inc., was tasked with analyzing the company’s financial results for the month of October 2025. The company manufactured and sold bamboo stands with near-field communications (NFC) tags, and Wang wanted to compare the actual costs of manufacturing against the standard costs set for the stands earlier in the year and identify any variances.

Teaching note for product W47875.

This case describes the largest bankruptcy in corporate China. The China Evergrande Group (Evergrande), founded in 1996, became a major player in the real estate industry through aggressive, high-leverage strategies. However, it faced a severe financial crisis due to overexpansion, financial fraud, and regulatory tightening implemented by the government. In December 2024, a senior financial analyst at one of Evergrande’s major creditors, was assessing .....more

Teaching note for product W45909.

Instructor Spreadsheet to accompany product W45910.

Supplemental material for product 8B21B010.

Teaching note for product 9B21N004.

In February 2020, Pan-China Consulting Services Co. Ltd. (Pan-China) was entering its third decade in operation. Pan-China’s founder was reviewing the firm’s evolution and discussing several key opportunities with his team. Over the previous two decades, the company had shown solid performance in providing financial and capital markets advice to over 200 companies. It had generated strong returns for its key investors, who ensured that every deal .....more