In Parts 3 and 4 of the Ant Group series, we discussed the market structure and trends of the Chinese consumer and SMB credit markets that Ant successfully exploited to garner success for their CreditTech function. In Part 5, we now turn to China’s investment markets and provide a backdrop of the nature of the […]
Pinduoduo is a Chinese e-commerce platform that was originally based on the model of “social buying”, where consumers could purchase goods at lower prices if they invited somebody else to buy the items with them. At first, individual consumers could not buy products themselves without a co-purchaser, but the platform has since expanded to allow […]
Hema is a premium supermarket by Alibaba Group that offers customers a high-tech shopping experience including digital price tags, scan-to-read product information from QR codes, AI-based product recommendations, and a facial recognition payment system. Hema supermarkets also serve as fulfillment centres for delivery orders, where Alibaba has a guaranteed 30 minute delivery time frame for […]
Hengda Group (Chinese: 中国恒大集团), also known as China Evergrande Group, has undoubtedly dominated the global financial headlines over the past few months. While Hengda has frequently been portrayed as a colossal real estate developer and the company’s core business is real estate development, we want to deliver a more complete and comprehensive view of the […]
MYBank is an online, private commercial bank founded in 2015 with Ant Group as a majority shareholder. MYBank was founded to target the lack of credit problem and foster inclusive finance by providing unsecured loans to small- and medium-sized businesses, individual merchants, as well as those living in lower tier cities and rural areas.
This article is the final installment of our Overview of China’s Auto Industry series. In Part 1, we examined the size and scale of China’s automobile industry in the global context and summarized key policy developments that shaped the sector’s evolution. In Part 2, we introduce a selection of the top 15 Chinese auto companies […]
This article is the continuation of our Overview of China’s Auto Industry series. In Part 1, we examined the size and scale of China’s automobile industry in the global context and summarized key policy developments that shaped the sector’s evolution. In this article, we introduce a selection of the top 15 Chinese auto companies ranging […]
Click here to subscribe and stay tuned for future updates! We mention here some important background information before proceeding on to the analysis. In China, tuition for primary school and middle school are free, with students being assigned to a school based on their housing district. Pre-school and high school are paid but subsidized by […]
Du Xiaoman Financial was internet giant Baidu’s fintech arm until it was spun-off from the tech conglomerate in 2018, albeit with Baidu still being the largest shareholder. Du Xiaoman Financial’s core business is microlending, although other businesses include a payment platform, as well as platforms for consumers and third-party financial institutions to buy and sell […]
In Part 1 of our Hengda (Evergrande) series, we introduced the Hengda (China Evergrande) conglomerate, while in Parts 2 to 4 we explored each of Hengda’s publicly listed subsidiaries (Evergrande Property Services in Part 2, Evergrande Auto and Healthcare Segment in Part 3, and the now divested HengTen Networks in Part 4). In this article, […]
The sannong issues refer to three key areas of work which the Chinese government highlight as being crucial elements of the country’s policies on rural development: agriculture (农业)(nongye), rural villages and areas (农村)(nongcun), and farmers (农民)(nongmin). These issues concern topics such as food security, increasing agricultural efficiency, enhancing the infrastructure in rural areas, and improving […]
Data center companies have benefited greatly from China’s internet boom, yet have also eluded the attention of most investors. In this article, we introduce, examine and evaluate the performance thus far of China’s three largest data center providers: Chindata (Chinese: 秦准数据)(NASDAQ: CD) GDS (Chinese: 万国数据)(NASDAQ: GDS)(HKEX: 9698) VNET (Chinese: 世纪互联)(NASDAQ: VNET) Click here to subscribe […]
CSOP was founded in Hong Kong in 2008 as the first offshore asset manager set up by a regulated asset management company in China. The company focuses on providing China-focused investment products, particularly ETFs, to international investors. CSOP was the largest RQFII manager in the world with a quota of RMB46.1 billion in June 2019, […]