China Evergrande Group 中國恒大集團
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Chinese Corporate Acquisitions in Sweden: a Survey Jerker Hellström, Oscar Almén, Johan Englund
Chinese corporate acquisitions in Sweden: A survey Jerker Hellström, Oscar Almén, Johan Englund Main conclusions • This survey has resulted in the first comprehensive and openly accessible compilation of Chinese corporate acquisitions in Sweden. • The audit has identified 51 companies in Sweden in which Chinese (including Hong Kong) companies have acquired a majority ownership. In addition, the survey has identified another 14 minority acquisitions. • Zhejiang Geely’s acquisition of a minority stake in Swedish truck-maker AB Volvo was among the largest Chinese acquisitions completed in Europe and North America in 2018. • Through these acquisitions, Chinese investors have taken control of at least some one hundred subsidiaries. • Most of the identified acquisitions were made since 2014. The highest annual amount of acquisitions was recorded in 2017. • The majority of the acquired companies belong to the following five sectors: industrial products and machinery, health and biotechnology, information and communications technology (ICT), electronics, and the automotive industry. • For nearly half of the acquired companies, there is a correlation between their operations and the technology sectors highlighted in the “Made in China 2025” plan for China's national industrial development. The sectors included in the plan are of particular importance to the Chinese state. • This survey includes several companies that have not been identified as Chinese acquisitions in previous compilations of Chinese investments. • More than 1,000 companies have reported to Sweden’s Companies Registration Office that their beneficial owner is a citizen of either China or Hong Kong. For the majority of these companies, however, the Chinese ownership is not a result of an acquisition. -
Bonds to Help Shantytown Bid Top 3 Richest Men in China
RAPID STRIDES Dongfeng Motor reaps fruitful reform rewards p18 LINKS GET NEW ENERGY CGN’s concentrated solar plant enters operation p20 BIG FILLIP B&R Initiative crucial to boost ties with Central, Eastern Europe BUSINESS p19 CHINA DAILY HONG KONG EDITION Thursday, October 11, 2018 Bonds to help shantytown bid Top 3 richest men in China (for the shantytown renovation June. By the end of the third ket as measures to mitigate to the program, in order to Analysts see their program) will not be reduced, quarter of this year, more than domestic and external eco rein in fast rising property pri issuance as key and these will be accompanied 165 billion yuan ($23.8 billion) nomic growth headwinds. ces, especially in third and by an increase in shantytown had been raised using this The authorities announced fourthtier cities. means of fueling renovationrelated special financial instrument, accord an almost 750 billion yuan A statement issued after the Jack Ma, Xu Jiayin, Pony Ma, local government bond issu ing to China Central Deposito cash injection into the bank latest State Council executive chairman of chairman of chairman of investment and ance,” said an expert close to ry & Clearing Co Ltd. ing system on Sunday by low meeting stressed that any Alibaba Group Evergrande Group Tencent Holdings boosting growth the Ministry of Finance. Goldman Sachs economist ering the reserve requirement irregular borrowing by local $39 billion $36 billion $35 billion Local governments’ shanty Song Yu also expected local ratio by 1 percentage point, governments, under the name Source: 2018 Hurun China Rich List LIU LUNAN / CHINA DAILY town renovation targets for governments to increase the and Minister of Finance Liu of shantytown renovation, By CHEN JIA 2019 should remain within a amount of special bonds tar Kun also pledged to further should be prohibited. -
The Mergers and Acquisitions Market in China 2020 by Daxue Consulting
The M&A market in China February 2021 HONG KONG | BEIJING | SHANGHAI www.daxueconsulting.com [email protected] +86 (21) 5386 0380 TO ACCESS MORE INFORMATION ON THE MOBILITY MARJET IN CHINA, PLEASE CONTACT [email protected] CONTENT OUTLINE 1. M&A market dynamics 03 2. Retail & consumer sector 24 3. High-tech sector 37 4. Material sector 47 5. Automotive sector 58 6. Fashion sector 73 © 2021 DAXUE CONSULTING 2 ALL RIGHTS RESERVED 1 M&A market dynamics © 2021 DAXUE CONSULTING 3 ALL RIGHTS RESERVED China-related M&A transactions rose significantly in 2020 In 2020, the value and number of China M&A increased by 31.3% and 11.3% respectively compared to 2019, the average value of M&A deals increased about 16%. It means there were more large deals in 2020 than 2019. M&A deal of financial buyers is the major growing segment as strong government investment support. Total number and value of M&A deals in China (2016-2020) 2016 2017 2018 2019 2020 Number Value Number Value Number Value Number Value Number Value Strategic buyers (USDbn) (USDbn) (USDbn) (USDbn) (USDbn) Domestic 4,870 316.9 5,111 361.9 4,778 361.9 4,498 272.4 4,530 349.4 Foreign 271 6.7 255 13.8 178 13.8 278 20.9 181 14.6 Total strategic buyers 5,141 323.6 5,366 357.7 4,956 338.6 4,746 293.3 4,711 364.0 Financial buyers Private equity 1,767 212.0 1,324 361.9 1,920 212.9 1,585 206.3 2,077 332.4 VC 3,492 5.6 2,338 13.8 3,410 7.0 2,546 2.6 3,361 2.8 Total financial buyers 5,259 217.7 3,662 177.1 5,330 219.9 4,134 208.9 5,438 335.2 China mainland Outbound SOE 116 63.2 101 27.0 -
Opportunities from China's Environmental Renaissance Overview of the Kraneshares MSCI China Environment ETF (Ticker: KGRN)
KGRN 9/30/2020 Opportunities from China's Environmental Renaissance Overview of the KraneShares MSCI China Environment ETF (Ticker: KGRN) [email protected] 1 Introduction to KraneShares About KraneShares Krane Funds Advisors, LLC is the investment manager for KraneShares ETFs. Our suite of China focused ETFs provides investors with solutions to capture China’s importance as an essential element of a well-designed investment portfolio. We strive to provide innovative, first to market strategies that have been developed based on our strong partnerships and our deep knowledge of investing. We help investors stay current on global market trends and aim to provide meaningful diversification. Krane Funds Advisors, LLC is majority owned by China International Capital Corporation (CICC). 2 2 Investment Strategy: The KraneShares MSCI China Environment ETF (KGRN) seeks to track the performance of the MSCI China IMI Environment 10/40 (USD Net) Index. The Index is comprised of securities that derive at least 50% of their revenues from environmentally beneficial products and services. The Index is based on five key Clean Technology environmental themes: Alternative Energy, Sustainable Water, Green Building, Pollution Prevention and Energy Efficiency. The Index aims to serve as a benchmark for investors seeking exposure to Chinese KGRN companies that focus on contributing to a more environmentally sustainable economy by making efficient use of scarce natural resources or by mitigating the impact of environmental degradation. Constituent selection is based on data from MSCI Environment, KraneShares MSCI Social, and Governance (ESG). China Environnent ETF China’s Environmental Protection Highlights: • China is the world leader in total renewable energy capacity, at approximately 31% of total global capacity1. -
Evergrande Group
China Evergrande Group China Evergrande Group 中國恒大集團 (incorporated in the Cayman Islands with limited liability) Stock Code: 3333 ANNUAL REPORT 2017 ANNUAL REPORT 2017 ANNUAL REPORT 207 NATIONAL LAYOUT MAP H BEIJING Changsha 1 Evergrande Palace Beijing 61 Evergrande City Changsha Heilongjiang 2 Evergrande Metropolis Beijing 62 Evergrande Oasis Changsha 3 Evergrande Emerald Court Beijing 63 Evergrande Atrium Changsha 4 Evergrande Left Riverbank Beijing 64 Evergrande Bay Changsha 5 Evergrande Elite Shadow Creek Beijing 65 Evergrande Royal Scenic Peninsula Changsha 6 Evergrande International Hotspring Tourist City Baoding 66 Evergrande Emerald Court Changsha REAL ESTATE HEALTH* TOURISM 7 Evergrande Royal Scenic Peninsula Beijing 67 Evergrande Royal Scenic Bay Changsha Jilin 8 Evergrande Culture Tourist City Beijing 68 Evergrande Royal View Splendor Changsha 9 Evergrande the Great Wall Village Chengde 69 Evergrande Financial Plaza Changsha 70 Changsha Huangxing Road North Project SHANGHAI 71 Evergrande Forest creek County Changsha 10 Evergrande Palace Shanghai 72 Evergrande Fairy Tale World Changsha 11 Evergrande Royal Scenic Bay Shanghai 73 Evergrande Palace Liuyang Xinjiang Liaoning 12 Evergrande Royal Palace Sheshan Shanghai 74 Evergrande Jade Palace Changsha 13 Evergrande Royal View Garden Shanghai 75 Evergrande Shanglin Garden Changsha Hebei 14 Evergrande Metropolis Shanghai 76 Evergrande Palace of Glory Changsha 15 Evergrande Royal Seaview Garden Qingpu 77 Evergrande Royal View Splendor Ningxiang Beijing 16 Evergrande Bay Palace Shanghai -
CHINA VANKE CO., LTD.* 萬科企業股份有限公司 (A Joint Stock Company Incorporated in the People’S Republic of China with Limited Liability) (Stock Code: 2202)
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. CHINA VANKE CO., LTD.* 萬科企業股份有限公司 (A joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 2202) 2019 ANNUAL RESULTS ANNOUNCEMENT The board of directors (the “Board”) of China Vanke Co., Ltd.* (the “Company”) is pleased to announce the audited results of the Company and its subsidiaries for the year ended 31 December 2019. This announcement, containing the full text of the 2019 Annual Report of the Company, complies with the relevant requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited in relation to information to accompany preliminary announcement of annual results. Printed version of the Company’s 2019 Annual Report will be delivered to the H-Share Holders of the Company and available for viewing on the websites of The Stock Exchange of Hong Kong Limited (www.hkexnews.hk) and of the Company (www.vanke.com) in April 2020. Both the Chinese and English versions of this results announcement are available on the websites of the Company (www.vanke.com) and The Stock Exchange of Hong Kong Limited (www.hkexnews.hk). In the event of any discrepancies in interpretations between the English version and Chinese version, the Chinese version shall prevail, except for the financial report prepared in accordance with International Financial Reporting Standards, of which the English version shall prevail. -
AFM Visualization of Cortical Filaments/Network Under Cell-Bound
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Elsevier - Publisher Connector Biochimica et Biophysica Acta 1848 (2015) 2225–2232 Contents lists available at ScienceDirect Biochimica et Biophysica Acta journal homepage: www.elsevier.com/locate/bbamem AFM visualization of cortical filaments/network under cell-bound membrane vesicles Xiaojun Zhang a,1, Qisheng Tang a,1,LiWub, Jie Huang c,YongChena,⁎ a Nanoscale Science and Technology Laboratory, Institute for Advanced Study, Nanchang University, Nanchang, Jiangxi 330031, P. R. China b School of Basic Medical Sciences, Jiangxi University of Traditional Chinese Medicine, Nanchang, Jiangxi 330025, P. R. China c The Third Hospital of Jiujiang, Jiujiang, Jiangxi 332000, P. R. China article info abstract Article history: While circulating/plasma membrane vesicles have been extensively characterized, due to the lack of effective Received 23 March 2015 methods cell-bound membrane vesicles are poorly understood including their shape and correlation with the Received in revised form 16 June 2015 intracellular cytoskeleton. In this study, we focused on cell-bound membrane vesicles and individual vesicle- Accepted 29 June 2015 derived pits on endothelial cells by using confocal microscopy and atomic force microscopy (AFM). For the Available online 2 July 2015 first time, we found that cell-bound membrane vesicles are hemisphere-shaped and that the actin cortical filaments/network lies at the cytosolic opening of a vesicle instead of being closely attached to the inner side Keywords: fi Membrane vesicles of the vesicle membrane. This structure of cell-bound membrane vesicles may be bene cial to their movement Vesicle-derived pits in, or release from, the plasma membrane of cells due to less membrane–cytoskeleton coupling to be broken Endothelial cells therefore probably minimizing energy consumption and time usage. -
Interim Report 2019 Contents
JIANGXI BANK CO., LTD. (A Joint stock company incorporated in the People's Republic of China with limited liability) Stock Code: 1916 Interim Report 2019 Contents Chapter I Company Profile 1 Chapter II Summary of Accounting Data and Financial Indicators 3 Chapter III Management Discussion and Analysis 6 Chapter IV Changes in Share Capital and Information on Shareholders 71 Chapter V Directors, Supervisors, Senior Management Members, Employees and Institutions 86 Chapter VI Corporate Governance 93 Chapter VII Important Matters 96 Chapter VIII Review Report to the Board of Directors 103 Chapter IX Unaudited Consolidated Statement of Profit or Loss and Other Comprehensive Income 105 Chapter X Unaudited Consolidated Statement of Financial Position 107 Chapter XI Unaudited Consolidated Statement of Changes in Equity 109 Chapter XII Unaudited Consolidated Cash Flow Statement 112 Chapter XIII Notes to the Unaudited Interim Financial Report 115 Chapter XIV Unaudited Supplementary Financial Information 227 Definitions 231 * This interim report is prepared in both Chinese and English. In the event of inconsistency, the Chinese version shall prevail. CHAPTER I COMPANY PROFILE 1.1 BASIC INFORMATION Statutory Chinese name of the Company: 江西銀行股份有限公司* Statutory English name of the Company: JIANGXI BANK CO., LTD.* Legal representative: CHEN Xiaoming Authorized representatives: CHEN Xiaoming, NGAI Wai Fung Secretary of the Board of Directors: XU Jihong Joint company secretaries: XU Jihong, NGAI Wai Fung Stock short name: JIANGXI BANK Stock Code: 1916 Unified Social Credit Code: 913601007055009885 Number of financial license: B0792H236010001 Registered and office address: Jiangxi Bank Tower, No. 699 Financial Street, Honggutan New District, Nanchang, Jiangxi Province, the PRC Principal place of business in Hong Kong: 40th Floor, Sunlight Tower, No. -
SPDR® FTSE® Greater China ETF a Sub-Fund of the SPDR® Etfs Stock Code: 3073 Website
SPDR® FTSE® Greater China ETF A Sub-Fund of the SPDR® ETFs Stock Code: 3073 Website: www.spdrs.com.hk/etf/fund/fund_detail_3073_EN.html Interim Report 2021 1st October 2020 to 31st March 2021 SPDR® FTSE® Greater China ETF A Sub-Fund of the SPDR® ETFs Stock Code: 3073 Website: www.spdrs.com.hk/etf/fund/fund_detail_3073_EN.html Interim Report 2021 Contents Page Condensed Statement of Financial Position (Unaudited) 2 Condensed Statement of Comprehensive Income (Unaudited) 3 Condensed Statement of Changes in Equity (Unaudited) 4 Condensed Statement of Cash Flows (Unaudited) 5 Notes to the Unaudited Condensed Financial Statements 6 Investment Portfolio (Unaudited) 10 Statement of Movements in Portfolio Holdings (Unaudited) 41 Derivative Financial Instruments (Unaudited) 42 Performance Record (Unaudited) 42 Administration and Management 43 1 SPDR® FTSE® Greater China ETF a Sub-Fund of the SPDR® ETFs Interim Report 2021 CONDENSED STATEMENT OF FINANCIAL POSITION (UNAUDITED) As at 31st March 2021 31.03.2021 30.09.2020 Notes HK$ HK$ Assets Current assets Investments 1,385,908,557 969,438,426 Derivative financial instruments 54,331 47,229 Amounts due from brokers – 1,529,953 Dividends receivable 994,452 1,771,941 Other receivables 6(i) 122,017 347,255 Margin deposits 104,721 1,032,223 Cash at bank 6(f) 3,100,556 2,423,717 Total Assets 1,390,284,634 976,590,744 Liabilities Current liabilities Derivative financial instruments – 14 Amounts due to brokers – 1,500,560 Audit fee payable 154,612 309,225 Trustee fee payable 6(e) 382,474 270,773 Management fee payable 6(d) 684,377 481,283 Tax provision 156,265 214,282 Total Liabilities 1,377,728 2,776,137 Equity Net assets attributable to unitholders 4 1,388,906,906 973,814,607 The notes on pages 6 to 9 form part of these financial statements. -
Annual Report 2017
GUANGZHOU R&F PROPERTIES CO., LTD. GUANGZHOU R&F PROPERTIES CO., LTD. Stock code: 2777 Annual Report 2017 Annual Report 2017 45-54/F., R&F Center, 10 Huaxia Road, Pearl River New Town, Guangzhou, China Postal Code : 510623 Tel : (8620) 3888 2777 Fax : (8620) 3833 2777 Hong Kong Office: Room 1103, Yue Xiu Building, 160-174 Lockhart Road, Wanchai, Hong Kong Tel : (852) 2511 6675 Fax : (852) 2511 9087 / 2507 5464 www.rfchina.com * for identification purpose only About R&F As one of China’s largest and most well-known property developers, Guangzhou R&F Properties Co., Ltd. (“R&F” or the “Company”, together with its subsidiaries, collectively the “Group”) is a major player in the country’s drive towards urbanization. Our core business lies in mass residential property development on a variety of scales. As of the end of 2017, the Group’s attributable land bank was approximately 51.38 million sq.m. across 69 cities and areas. As part of our ongoing development strategy, the Group has also diversified its property portfolio by developing hotels, office buildings and shopping malls. At the beginning of 2018, the Group has become the largest owner of deluxe hotels globally, with 88 operating deluxe hotels managed by well-known hotel management groups. With a prime land bank portfolio sufficient for several years of developments, and a brand name synonymous for quality and value nationwide, R&F is expecting to contribute significantly to the quality of urban life over the coming year. Contents 4 Financial Highlights 8 Letter to Shareholders 16 -
Minimum Wage Standards in China August 11, 2020
Minimum Wage Standards in China August 11, 2020 Contents Heilongjiang ................................................................................................................................................. 3 Jilin ............................................................................................................................................................... 3 Liaoning ........................................................................................................................................................ 4 Inner Mongolia Autonomous Region ........................................................................................................... 7 Beijing......................................................................................................................................................... 10 Hebei ........................................................................................................................................................... 11 Henan .......................................................................................................................................................... 13 Shandong .................................................................................................................................................... 14 Shanxi ......................................................................................................................................................... 16 Shaanxi ...................................................................................................................................................... -
AQR Emerging Momentum Style Fund September 30, 2018
AQR Emerging Momentum Style Fund September 30, 2018 Portfolio Exposures NAV: $12,394,322 Asset Class Security Description Exposure Quantity Equity 3SBio INC Ord Shs 22,704 13,500 Equity AAC Technologies Holdings Ord Shs 20,780 2,000 Equity Acer Ord Shs 21,501 26,000 Equity Adaro Energy Tbk Ord Shs 6,921 56,200 Equity Advanced Info Service Non-Voting DR 10,566 1,700 Equity Advantech Ord Shs 9,813 1,317 Equity Agile Group Holdings Ord Shs 22,615 16,000 Equity Agricultural Bank Of China Ord Shs H 128,083 261,000 Equity Air China Ord Shs H 13,526 14,000 Equity Airasia Group Ord Shs 4,887 6,400 Equity Airports of Thailand Non-Voting DR 51,039 25,200 Equity Alibaba Health Information Tech Ord Shs 25,485 26,000 Equity Alior Bank Ord Shs 3,350 196 Equity Aluminum Corporation of China Ord Shs H 3,558 8,000 Equity America Movil ADR Rep 20 Ord Shs Series L 11,467 714 Equity Angang Steel Ord Shs H 19,681 22,000 Equity Anhui Conch Cement Ord Shs H 90,576 15,000 Equity ANTA Sports Products Ord Shs 43,189 9,000 Equity ASE Industrial Holding Ord Shs 21,960 9,000 Equity Ashok Leyland Ord Shs 14,514 8,834 Equity Asia Cement Ord Shs 14,951 11,000 Equity Asian Paints Ord Shs 30,580 1,714 Equity Avenue Supermarts Ord Shs 33,161 1,722 Equity B3 Brasil Bolsa Balcao Ord Shs 26,368 4,500 Equity Bajaj Finance Ord Shs 61,460 2,055 Equity Bajaj Finserv Ord Shs 35,131 424 Equity Banco de Chile ADR Reptg 600 Ord Shs 31,230 343 Equity Banco Santander Brasil ADR Rep 1 Units 23,990 2,723 Equity Banco Santander Chile ADR Representing 400 Ord Shs 45,540 1,424 Equity Bangkok