Currently, only foreign institutional (rather than retail) investors can invest directly in Chinese government bonds, the mechanisms of which are discussed here. However, individual investors can gain exposure to Chinese government bonds through various ETFs, including BlackRock’s iShares CNYB (explained here) or the ICBC CSOP FTSE Chinese Government Bond Index ETF, which is the topic […]
A variable interest entity (VIE) is a legal business structure where an investor has a controlling interest even though they do not have the majority of voting rights in the firm. In the context of China, historically, many Chinese companies that are listed abroad and rely on offshore funding have a VIE structure, where shareholders […]
The Belt and Road initiative, formerly known as the One Belt One Road initiative, is a global infrastructure development strategy aimed at facilitating trade between China and participating countries. The initiative was announced in 2013 and can be viewed as the development of a modern day Silk Road network.
The Kechuang 50 Index is a multi-sector, market-weighted index of large-cap, relatively liquid stocks listed on the Shanghai Stock Exchange’s STAR Market. More information available at: https://www.investorinsights.asia/post/the-star-market-china-s-new-nasdaq-for-rising-star-companies
FAW Group, formerly known as First Automobile Works, is a Chinese state-owned auto company and is one of China’s largest automakers. The company’s portfolio includes brands from joint ventures with other automobile companies (e.g. Volkswagen, Toyota, and Mazda) as well as in-house developed brands (e.g. Hongqi and Bestune).
Shanghai Lujiazui International Financial Asset Exchange (Lufax) is a digital finance platform that allows users to browse for and invest in mutual funds. The company, an affiliate of Ping An Group, originally started as a peer-to-peer (P2P) lending platform but ultimately transitioned to become a digital investment services provider following the crackdown on P2P lending […]
หลายคนคงเคยได้ยินชื่อ Ant Group บริษัทหนึ่งในอาณาจักรยักษ์ใหญ่ของเครือ Alibaba ซึ่งดูอย่างผิวเผินอาจจะเป็นเพียงแค่บริษัท Fintech ธรรมดา แต่ที่จริงแล้ว โมเดลธุรกิจของ Ant Group ลักษณะมีเอกลักษณ์ซับซ้อนมากกว่าที่คนส่วนใหญ่เข้าใจ ในบทความนี้ เราจะแนะนำประวัติบริษัท และอธิบายสี่ธุรกิจหลักของ Ant Group รวมถึงปัจจัยที่ทำให้ Ant สามารถบุกเบิกและคว้าความสำเร็จในการเป็นผู้นำตลาดการเงินรูปแบบดิจิตอลของประเทศจีน Click here to subscribe and stay tuned for future updates. Ant Group ก่อตั้งขึ้นเมื่อปี 2004 ในฐานะ Alipay ผลิตภัณฑ์หนึ่งในเครือ Alibaba Group ซึ่งเป็นระบบ digital escrow payment ที่ให้ผู้ใช้แพลทฟอร์ม e-commerce ของ Alibaba สามารถทำการซื้อขายอย่างมั่นใจมากขึ้น Alipay ถูก spin-off จากบริษัทแม่ Alibaba ในปี […]
In this article, we introduce XPeng (Chinese: 小鹏汽车)(NYSE: XPEV)(HKEX: 9868), a Chinese start-up founded in 2015 which manufactures and sells “smart” electric vehicles targeting the mid- to high-end range of China’s automobile market. This article is part of our China auto industry series, which includes: Click here to subscribe and stay tuned for future updates! […]
In Part 1 of our JD Logistics series, we introduced the history and business model of JD Logistics (Chinese: 京东物流) (HKEX: 2618), e-commerce giant JD Group‘s logistics unit that was spun-off and listed on the Hong Kong Stock Exchange in May 2021. In this continuation of the series, we examine JD Logistics’ financial and business […]
Danke (“dahn-keh” – pronounced similarly to the German word for thank you), full name Phoenix Tree Holding Limited (Chinese: 蛋壳公寓) (NYSE: DNK), is a Chinese real estate company founded in 2015 that offers standardized rental accommodation to primarily individuals but also corporate clients across various cities in China. The company’s philosophy is “to help people […]
In this article, we introduce financial conglomerate Ping An Insurance (Group) Company of China (中国平安保险(集团))(HKEX: 2318)(SHA: 601318), also known more simply as just Ping An (中国平安). Though most commonly known as an insurance company, Ping An also has an asset management business and is active in retail, corporate, and investment banking, as well as the […]
In this article, we introduce the CITIC Group conglomerate (中信集团)(HKEX: 0267). Though most commonly known for its financial services and investment banking arm, the CITIC conglomerate actually spans a very wide range of industries with diverse businesses ranging from commodity mining, heavy machinery manufacturing and energy to real estate development, construction, telecommunications and retail distribution. […]
In Parts 1 and 2 of our Alibaba series, we introduced the history and key business segments that constitute the Alibaba Group ecosystem. In Part 3 here, we provide a financial overview of the Group through a series of stylized facts and explanations. In Part 4, we discuss the future of Alibaba Group. Note: Alibaba […]
Bilibili is a video sharing platform similar to YouTube. Bilibili originally started as an anime video sharing website, but has since expanded to include user-generated content (i.e. self-made rather than professionally-made videos) spanning a wide range of topic areas. Bilibili users are known for possessing a strong sense of community, with users developing their own […]