The continued rapid growth in wealth management products invested through Chinese banks could be a key and critical source of credit and liquidity risk for some financial institutions, according to a research report by Fitch Ratings. The outstanding balance of wealth management products increased to RMB23.5 trillion (US$3.6 trillion) at the end of 2015, up […]

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Mergers and acquisition activities in Asia Pacific and Japan reached US$105.5 billion in February, a 43.1% monthly increase in value from January’s US$73.7 billion, and the highest-ever February in terms of deal value, according to data released by Thomson Reuters. This brings overall M&A deals involving Asia Pacific and Japan to US$179.3 billion year-to-date, a […]

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Chinese investors and companies widely expect further RMB depreciation down the road and are more focused on managing their currency risk compared to a year ago, says a research report by ANZ. Hedging future import demand is now more common, considering the all-in local currency-hedged cost of foreign borrowing. Companies are no longer running active […]

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After expanding at an annualized rate of 17% between June 2013 and December 2015, China’s local government debt may grow at a slower pace going forward and pose only limited impact to the local government’s fiscal soundness, says a research report by Standard & Poor’s Ratings Services. The rating agency estimates that total local government […]

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A unit of Alibaba Group Holding Ltd. is to acquire control of Hong Kong-listed lottery operator AGTech Holdings Ltd. for around HK$2.39 billion (US$308 million), according to a disclosure document. Ali Fortune Investment Holding Ltd., 60% owned by Alibaba and 40% by Alibaba’s financial services arm Ant Financial, has agreed to buy HK$1.68 billion of […]

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China’s National People’s Congress has set growth as the top priority for 2016, targeting a 6.5% to 7% economic expansion for the year and sending strong signals to the market that the country will now shift its focus to stabilizing growth, says a research report by Mizuho Secirities Asia Ltd. China also set aggressive monetary […]

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Logistics, sourcing, and retail are on the agenda for Wal-Mart as it sets its sights on more southern Chinese growth. Wal-Mart signed a strategic cooperation memorandum with the southern Chinese municipal government of Dongguan to……

Investors need to sign out of social media and block the key word “Five-Year Plan” and “National People’s Congress” from their inbox for a week during China’s annual meetings of its political and business leaders, says Andrew Gilholm, managing Director at consulting firm Control Risk. Here are the four things investors absolutely need not to […]

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A total of ten Chinese companies raised an aggregate RMB5.1 billion from initial public offerings globally in February, up 11% and 33.8% respectively from January. But when compared to the same period last year, both IPO volume and combined deal value declined 62% from February 2015. IPOs By Chinese Companies Globally (Feb 2015-Feb 2016) (Bars […]

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The year of 2015 is likely to be the last year of double-digit smartphone growth, as the Chinese market transitioned to single-digit increase last year, according to new data released by the International Data Corporation (IDC). There were 1.44 billion smartphone shipments worldwide, up 10.4% over year-on-year. The number is projected to hit 1.5 billion, […]

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