Nestle Group’s first modern coffee center project has been established in China’s Yunnan province. Nestle said that this coffee center aims to train local farmers about better coffee cultivation to improve the coffee quality. Meanwhile,……
UBS: Is China Rebounding?
The upcoming March economic data in China may show the start of a sequential rebound in real economic activity, as intensifying fiscal and credit policies are beginning to generate results and the property market are getting busy, according to a research report by UBS AG. In the bank’s monthly economic data preview, it says given […]
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Dalian Wanda Commercial Properties Plans Go-Private Deal
Dalian Wanda Commercial Properties is planning to go private 15 months after its initial public offering in Hong Kong at the same price as its IPO, according to a filing. In less than two years, the unit of Chinese billionaire Wan Jianlin’s Dalian Wanda Group has changed its plans from targeting an A-share listing, to […]
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World’s Poorest 4.5B People Are The Next Big Investment Opportunity
Uplifting the world’s poorest 4.5 billion people is the world’s next big growth engine, with the Bottom Billions’ annual spending expected to grow to US$56 trillion by 2030 from US$5 trillion today, says a research report by BofA Merrill Lynch Global Research. For investors, it means the sector of Information and Communication Technology (ICT), financials, […]
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China’s RMB Reaches 37% Adoption Across Financial Institutions
Global financial institutions are increasingly adopting the RMB for payments. A total of 1,131 banks were using the RMB for payments with mainland China and Hong Kong, representing 37% of all institutions exchanging payments with China as of February 2016, according to SWIFT (Society for Worldwide Interbank Financial Telecommunication) data. This is an 18% increase […]
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China’s Wealth Management Product Market Reaches $3.6 Trillion
China’s asset management industry continues to be dominated by wealth management products (WMPs), which hit a record RMB23.5 trillion (US$3.6 trillion) in 2015, according to Cerulli Associates. Despite the turbulence in Chinese stock markets in the second half of 2015, mutual fund assets under management (AUM) expanded by 80.9% year-on-year to hit RMB8.5 trillion (US$1.3 […]
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Register Now To Meet Top Chinese Healthcare Investors On April 15 In Hong Kong
China Healthcare Investment Roundtable 2016, hosted by China Money Network, will feature China’s brightest and most successful healthcare investors. Register now to get access to leading deal makers from Warburg Pincus, Bain Capital, and Qiming Venture Partners for an informative luncheon roundtable discussion. Network with other attendees from top Chinese investment firms including Goldman Sachs, […]
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Chinese Logistics Firm Acquires Stake In Global Online Retailer
Zall Development Group announced that they will acquire a strategic stake in LightInTheBox, a global online retail company, to become its largest shareholder. According to the report published by Zall Development Group, the two parties……
Chinese Property Developers Saw Revenue Hit By RMB Devaluation
Hong Kong-listed Chinese property developers including Shui On Land Ltd., Country Garden Holdings and R&F Properties have seen their financial results hit by the devaluation of the RMB. Despite core earnings jumping 438% in 2015 to RMB2.4 billion, Shui On Land reported that earnings dropped RMB718 million to RMB1.77 billion last year and profits attributable […]
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SAIF’s Andrew Yan Warns Government-Led Venture Investment Campaigns
Andrew Yan, SAIF Partners’ managing partner, warns that it is dangerous that some local governments in China are encouraging innovation and start-ups in the same way as they do in political campaigns, the veteran investor said during the China Shenzhen IT Summit over the weekend. China’s leadership has called “mass entrepreneurship and innovation” as a […]
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