During President Xi Jinping’s inspection tour to Anhui province this week, his speech signaled that the Chinese government is concerned about the fragile recovery and strong stimulus will have to continue in the months ahead, according to a research report by Mizuho Securities Asia Ltd. President Xi paid a special visit to Xiaogang village in […]
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China’s state-owned Tsinghua Unigroup Ltd.’s plan to buy a 24.9% stake in Silicon Precision Industries (SPIL) for RMB11.1 billion (US$1.7 billion), sayshas been terminated by the Taiwanese chip maker, according to an announcement. It did not say the reasons for the cancellation of the transaction, except quoting consideration of subjective and objective factors of the […]
Officials of the Chinese Government have recently indicated that the Shenzhen-Hong Kong Stock Connect program will open in 2016, offering new access to 505 stocks in Shenzhen and an additional 218 stocks in Hong Kong. The new program is the latest step in the opening up of China’s capital account. The result of this expansion […]
Hong Kong’s commercial real estate sector is to continue grim conditions over the next year, with pessimism concentrated in the retail sector, according to a research report released by Royal Institution of Chartered Surveyors (RICS). The industry’s low expectations have persisted for three quarters in Hong Kong. The latest RICS survey revealed that tenant demand […]
As China’s domestic market uncertainties persist, Chinese outbound real estate investment continued to grow strongly in 2015. By the end of 2015, the total Chinese outbound capital has reached nearly US$30 billion, doubling that of 2014, according to global property consultancy Knight Frank. In 2015, there were significantly more Chinese developers investing overseas with gateway […]
A strong property market drove China’s economic growth to rebound strongly in March, with credit, exports, industrial production, retail sales and infrastructure investments showing stabilization, leading the bank to upgrade its 2016 GDP forecast to 6.6%, according to a research report by UBS AG. Property sales accelerated further to rise 38% year-on-year in March, boosted […]
A boom in China’s public-private partnership projects have led many investors to warn hidden financial risks and whether these government-led funds can fulfill their return promises. At the end of 2015, there were a total of 780 PPP funds with aggregate capital of RMB2.18 trillion in China. But 40% of those were established in 2015, […]
The China Securities Regulatory Commission (CSRC) has tightened requirements and screening for qualified investors investing in the New Third Board, in an effort to maintain market stability and protect small investors, according to an article published by Caixin Media. There were 199,000 registered qualified individual investors and 23,000 institutional investors in the National Equities Exchange […]
The China Healthcare Investment Roundtable 2016, hosted by China Money Network, was successfully held on April 15 in Hong Kong. The event attracted top-level global, regional and local healthcare investors from around the greater China region. Speakers from Warburg Pincus, Bain Capital, Qiming Venture Partners, Ally Bridge Group and BVCF held insightful discussions on investing […]
China’s venture funding activities crashed further during the first quarter, with venture-backed companies receiving US$4 billion in funding, just 39% of the peak recorded in the third quarter last year, according to a new report by KPMG. Compared to the heady days of the past few quarters that saw multiple deals valued at over US$1 […]