Home China Europe World Business Opinion Life Culture Travel Entertainment Sports Video Forum
|
|
- Angelica Cobb
- 8 years ago
- Views:
Transcription
1 Page 1 of 6 11 July 2011 EDITIONS: CHINA US Search User: Password: Login Register Business Home China Europe World Business Opinion Life Culture Travel Entertainment Sports Video Forum Uncorking the real(ty) value Updated: :09 By Yang Yang (China Daily European Weekly) Comments Print Mail Large Medium Small Twitter Facebook Myspace Yahoo! Linkedin Mixx
2 Page 2 of 6 A property project under construction in Shenyang. Foreign investment in the property sector grew 57.3 percent year-on-year during the first five months of this year. Sun Hai / for China Daily Foreign investors are betting big on property projects in second-and third-tier cities Second- and third-tier cities are expected to reap maximum gains from China's ongoing urbanization drive with property projects in these regions increasingly catching the fancy of overseas investors. Property prices have been on the boil for some time in China with demand far outpacing supply as prices head north, prompting fears of asset bubbles. Though the government took steps to cool down the investment frenzy, it has in no way diminished the allure for prime space in smaller cities. By 2020, many of the first-tier cities like Shanghai, Beijing, Guangzhou and Shenzhen will only account for
3 Page 3 of 6 10 percent of the commercial property market, says a report from property consultancy Jones Lang LaSalle. That means that in the next 10 years there will be huge opportunities in second- and third-tier cities, the report says. Much of the foreign investment interest in China's property sector comes in the form of private equity (PE) investments in real estate projects. According to data from the National Bureau of Statistics (NBS), during the first five months of this year, foreign investment in the property sector grew 57.3 percent year-on-year to 26.6 billion yuan (2.84 billion euros). That the appetite for such investments continues to remain strong is clearly indicated in the growth rates for the first quarter and the first four months, up 45.2 percent and 62.3 percent. Compared with the total investment in the property sector during the first five months, which grew only 34.6 percent, foreign investment has risen much faster. Most of the major property companies in China saw the proportion of foreign investment in financing rise from 25 percent in 2010 to 39 percent during the first quarter of this year, says a report from E-house China R&D Institute in Shanghai, based on the financial records of 83 companies. Although first-tier cities are still the main destination for foreign investment, foreign funds have started to shift their attention to second-tier cities, especially in provincial capitals and developed eastern coastal cities like Suzhou in East China's Jiangsu province and Dongguan in South China's Guangdong province, says He Tian, deputy head of the Research Center of the China Index Academy. Other than traditional first-tier cities, second-tier cities such Shenyang and Dalian are now the main focus of foreign investment, says the Jones Lang LaSalle report. In September 2010, US-based private equity firm Blackstone Group LP decided to invest in high-end hotel and residential projects in Dalian, Northeast China's Liaoning province.
4 Page 4 of 6 In June this year, Euro Sino Invest GmbH (ESI), a Hong Kong-registered German company specializing in introducing funds from Germany into the residential real estate market of second- and third-tier Chinese cities, said it has invested in a project in Shenyang, capital of Northeast China's Liaoning province. The company and its Chinese partner Dalian Wanheng Real Estate Development Co Ltd will invest 700 million yuan for the project, dubbed the "Noble Mansion", with the bulk of the funds coming from Germany. MGPA, a private equity real estate investment advisory company that manages $11 billion (7.67 euros) in assets in Europe and Asia, said recently that its MGPA Asia Fund III had acquired a 50-percent interest in Galleria Chengdu. What is surprising is that much of the investment has come even as international ratings agencies have downgraded their outlook on the Chinese property sector over fears of an imminent downturn. Ratings agency Standard and Poor's (S&P) in a report released on June 15 said that in the next six to 12 months, prices of new houses will decline by nearly 10 percent in China. S&P cut its expectation for the property development sector to "negative" from "stable" in view of the tightening credit conditions. In April, Moody's Investors Service also downgraded its rating on China's real estate sector to "negative" from "stable". "The Chinese government is doing a great job in fighting bubbles. All the measures introduced during the past four years have macro-managed the market well," says Florian Schmied, managing director of ESI. "In the short run, the real estate market will decline, especially in the second half of the year due to the stringent regulations. But in the long run, the property market will see a new round of growth after two to three years as the economy is expected to continue its fast growth pace," says He Tian. "It is perhaps a good time to invest as people are anticipating a low trough for real estate market during the second half of the year." From an investment perspective, second-tier cities have innumerable advantages.
5 Page 5 of 6 Compared with the highly urbanized top-tier cities, second-tier cities including Shenyang still have a long way to reach these levels. At present, China's urbanization ratio is 47 percent, and by 2020 it will be 70 percent, which means nearly 300 million suburban residents are going to move to cities in the next 15 to 20 years, says Michael Rotter, deputy head of section for economic cooperation and development at the German Embassy in Beijing. The urbanization brings "important opportunities for German and European companies to invest in and develop China's property sector", he says. ESI says cities like Shenyang have vast untapped potential. Shenyang has 7.2 million in population and its surrounding areas consist of an additional 13 million inhabitants. Beside the "Noble Mansion" project, ESI released on Dec 6 a fund offer worth 30 million euros, which will focus on residential real estate in second- and third-tier emerging cities in China. The advantages of second- and third-tier cities will be enhanced as China builds its national high-speed rail network. "We believe western China merits close attention because the new high-speed rails are expected to have a dramatic effect on this region," says John Saunders, CEO of MGPA Asia, excluding Japan. The huge commercial value of second-tier cities is another attraction for investors. China will overtake the United States by 2020 to be the world's largest consumer market, according to a recent report released by Credit Suisse. The second- and third-tier cities have been included in the latest expansion plan of big retailers including Ikea, according to CBRE, the world's largest commercial real estate broker. Wang Zhe, general manager of Tianjin-based Lecheng Real Estate Co Ltd, says a considerable number of foreign real estate funds have approached his firm about the possibility of a stake investment.
6 Page 6 of 6 "Obviously, they are betting on the huge growth potential of China's retail sector, and thus the opportunity of a higher yield from investment in commercial property," Wang says. "Another advantage of the second-tier cities is that the economic growth of some cities is higher than Beijing or Shanghai and the property prices still have comparatively more scope to increase," says Zhou Ganghua, a researcher at the Center for Real Estate Study of Hangzhou-based Zhejiang University. In second- and third-tier cities, the cost of land is relatively lower and regulations more relaxed. A DTZ report on global real estate investment in 2011 says that $104 billion will flow to the Asia-Pacific market, up 45 percent compared to "I think the appreciation of the yuan against the US dollar is one of the reasons for foreign capital growing faster in China's property sector," says He Tian. About China Daily Advertise on Site Contact Us Job Offer Copyright All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site. License for publishing multimedia online Registration Number:
Business Confidence Survey
Business Confidence Survey German Business in China 2014 Press Release ABOUT THE SURVEY The German Chamber Business Confidence Survey has been conducted annually since 2011. It is a key gauge measuring
More informationUrban Planning and Development Systems Business Strategy
Urban Planning and Development Systems Business Strategy Hitachi IR Day 2012 June 14, 2012 Toshio Ikemura Vice President and Executive Officer Infrastructure Systems Group President & CEO Urban Planning
More informationPress Release. German commercial property investment market makes a strong start to 2015
Press Release German commercial property investment market makes a strong start to 2015 FRANKFURT, 2nd April 2015 It s so good, it s bad is how the English-speaking world describes the current situation
More informationChina's Aviation Sector - Overview, Current Trends & Opportunities for European Suppliers
China's Aviation Sector - Overview, Current Trends & Opportunities for European Suppliers China Civil Aviation Report Uniworld, LLC/Francis Chao September 6, 2005. Dublin, Ireland Before 1978, It was a
More informationBIOGRAPHICAL DETAILS OF DIRECTORS AND SENIOR MANAGEMENT
Director & Chief Financial Officer Mr. Ding Donghua Chairman & Chief Executive Officer Mr. Wang Xiaochu Vice Chairman & Chief Operating Officer Mr. Li Zhenqun 9 EXECUTIVE DIRECTORS Mr. Wang Xiaochu Mr.
More information2014 ASIA PACIFIC OUTLOOK. China still led the economic growth in 2013 with the Philippines at second. Source: Jones Lang La Salle
2014 ASIA PACIFIC OUTLOOK China still led the economic growth in 2013 with the Philippines at second. Source: Jones Lang La Salle 2014 MAKATI RESIDENTIAL MARKET CBD.BONIFACIO GLOBAL CITY.ORTIGAS Rank 4
More informationConsolidated Settlement of Accounts for the First 3 Quarters Ended December 31, 2011 [Japanese Standards]
The figures for these Financial Statements are prepared in accordance with the accounting principles based on Japanese law. Accordingly, they do not necessarily match the figures in the Annual Report issued
More informationGuide To The Online Advertising Market in China
Guide To The Online Advertising Market in China It is hard to deny that Asia-Pacific is already a giant in the online advertising market since the ad expenditures in the region have reached $27.3 billion
More informationFurther Developments of Hong Kong s Offshore RMB Market: Opportunities and Challenges
Further Developments of Hong Kong s Offshore RMB Market: Opportunities and Challenges Zhang Ying, Senior Economist In recent years, as the internationalization of the RMB has been steadily carrying out,
More informationBUSINESS CREDIT REPORT ===========================================================
Subject: Shanghai Dalong Zhiheng Technology Development Co., Ltd. SBD No.: 1234567895 Printing Time: 31-01-2004 Report Type: Business Credit Report Currency in this report is Renminbi unless otherwise
More informationINDIAN SOFTWARE OUTSOURCING COMPANIES ARE OUTSOURCING TO CHINA
Paul M. Denlinger WHY INDIAN SOFTWARE OUTSOURCING COMPANIES ARE OUTSOURCING TO CHINA Paul M. Denlinger is a market strategy consultant based in Beijing. He has been involved with Internet and technology
More informationTrends in real estate investment flows
Capital Flows May 211 Trends in real estate investment flows In 21, AUD 12.7 billion of transactions (> AUD 5 million) were recorded in Australia s commercial property market, the 4 th highest on record.
More informationInvestment Market Overview. Germany I 2 nd quarter of 2014 Published in July 2014
Investment Market Overview Germany I 2 nd quarter of 2014 Published in July 2014 JLL Investment Market Overview July 2014 2 Strong momentum on the German investment market The German investment market
More informationLIFE INSURANCE INDUSTRY IN CHINA
Unless otherwise indicated, the financial and market share information set forth in this section is based on information reported by companies to the CIRC. The reported information includes premium and
More informationOpening Remarks at Business Seminar Hong Kong: Seize Now Your Opportunities for Business in China and Beyond
Opening Remarks at Business Seminar Hong Kong: Seize Now Your Opportunities for Business in China and Beyond co-organised by HKETO(Sing) and THTA on 27 October 2009 at Conrad Hotel, Bangkok, Thailand Your
More informationChina Cloud Computing Industry Investment Report 2013
Contents 1 1.1 Definition of Cloud Computing 1 1.1.1 Definition 1 1.1.2 History 3 1.2 Research on Development Status of Cloud Computing Industry in China s Market 3 1.2.1 Policy Environment 5 1.2.2 Industrial
More informationPower Your Business Decisions
Power Your Business Decisions Sinotrust International Information & Consulting (Beijing) Co., Ltd Beijing:8610 5926 7688 Shanghai: 8621 6133 1788 Guangzhou: 8620 2237 3266 E-mail: info@sinotrust.cn Website:
More informationOutline. Urbanization. Prospect of automobile industry in process of the Mega city develpment in China. 1. Urbanization development in Great China
Outline 1. Urbanization development in Great China 2. Mobility development in the process of China s urbanization Prospect of automobile industry in process of the Mega city develpment in China Die Zukunft
More information商 业 计 划 书 BUSINESS PLAN PROPOSAL
商 业 计 划 书 BUSINESS PLAN PROPOSAL 关 于 国 际 服 装 服 饰 品 牌 引 进 及 推 广 商 业 计 划 书 International Fashion & Accessories Brands Introduction and Promotion Business Plan Proposal 大 连 东 北 亚 国 际 品 牌 商 品 交 易 中 心 Dalian
More informationChina s. The Big Four is spending millions to build up their consulting arms in China, reports J.P. Wang. consulting. Illustrations by Cameron Law
China s consulting boo The Big Four is spending millions to build up their consulting arms in China, reports J.P. Wang Illustrations by Cameron Law hen Norman Sze began working in China as a consultant
More informationCHINA S FINANCE INDUSTRY SALARY TRENDS AND TALENT RETENTION. A report by Hays and Zhaopin. hays.cn
CHINA S FINANCE INDUSTRY SALARY TRENDS AND TALENT RETENTION A report by Hays and Zhaopin. hays.cn Introduction While economic growth slows in China s traditional business areas, financial institutions
More informationImpact of Global Financial Crisis on International Investments in Real Estate. -- Focus on China
Impact of Global Financial Crisis on International Investments in Real Estate -- Focus on China Main Topics: Overview of Real Estate Investment System in China New Laws and Regulations in Response to Global
More informationUrban Planning and Development Systems Business Strategy
Urban Planning and Development Systems Business Strategy June 9, 2010 Hideaki Takahashi Vice President and Executive Officer President & CEO, Urban Planning and Development Systems Company Hitachi, Ltd.
More informationHarbin Bank s Featured Road to Inclusive Finance
Harbin Bank s Featured Road to Inclusive Finance Ms. Sun Jiawei, Assitant President of Harbin Bank 2014 August 6th Sun Jiawei, is the assistant president of Harbin Bank, standing director of China Association
More informationBMW China. Dealer Development.
Page 1 BMW China.. Dealer Development September 2010 Sheer Driving Pleasure Page 2 China auto market overview. Both total Passenger Vehicle (PV) market and plus segment have been growing quickly over the
More informationPrimary Discrimination and Application of Real Estate Investment Trust and Real Estate Private Equity Funds
Primary Discrimination and Application of Real Estate Investment Trust and Real Estate Private Equity Funds Yun Hua School of Urban Planning and Management Harbin Institute of Technology Shenzhen Graduate
More informationChina - One Nation, Multiple Markets
Hong Kong Your Fast Track to China China - One Nation, Multiple Markets Presented by : Fanny Ting Marketing Director Victorinox Hong Kong Limited Agenda 1. How Victorinox Hong Kong (VHK) sees the China
More informationChina Specialty Glass AG
German Equity Forum Frankfurt am Main, 11-13 November 2013 Mr. Chun Li Shi (Co-CEO), Ms. Jing He (CFO) August 2010 Page 1 Section header Agenda 1 2 About Financial analysis 3 Strategy & outlook Section
More informationImportance of China for Mercedes-Benz Passenger Cars
Importance of China for Mercedes-Benz Passenger Cars Merrill Lynch, 17 May 2011 Klaus Maier President and CEO of Slide 1 Agenda 1 2 3 4 Mercedes-Benz Growth in China 2006-2011 Today's Importance of China
More informationUOB launches yuan products for investors to participate in China s growth
UOB launches yuan products for investors to participate in China s growth New Renminbi deposit and fund products benefit from an appreciating Renminbi and its increasing internationalisation SINGAPORE,
More informationDemystifying the Chinese Housing Boom
Demystifying the Chinese Housing Boom Hanming Fang University of Pennsylvania & NBER Paper presented at the International Symposium on Housing and Financial Stability in China. Hosted by the Chinese University
More informationTHE URBAN DEVELOPMENT CONSULTING MARKET IN CHINA. Yu Li Centre of International Co-operation and Training, People s Republic of China *
THE URBAN DEVELOPMENT CONSULTING MARKET IN CHINA Yu Li Centre of International Co-operation and Training, People s Republic of China * Introduction The economic development of China has experienced rapid
More informationThe promise of emerging market urbanites
Hospitality and Leisure Hospitality Directions Europe Market sector briefing The promise of emerging market urbanites November 2008 pwc The promise of emerging market urbanites Much of the focus of attention
More informationQ1 2015 China E-commerce Report (Brief Edition) www.iresearchchina.com
Q1 2015 China E-commerce Report (Brief Edition) www.iresearchchina.com 1 Overview of China E-commerce Market 2 Performance of China E-commerce Segments Overview of China E-commerce Market 3.48 Trillion
More informationChina Textile Industry
June, 2013 China Textile Industry Contents Market Overview - 2012 Industrial Development - Fixed Asset Investment in 2012 - Foreign Trade 2012 - Foreign Direct Investment on textile industry Labor Cost
More informationHerzogenaurach, Germany, July 27, 2004 PUMA AG announces its consolidated nd
P Quarter P Half-Year For immediate release MEDIA CONTACT: INVESTOR CONTACT: U.S.A.: Lisa Beachy, Tel. +1 617 488 2945 Europe: Ulf Santjer, Tel. +49 9132 81 2489 Dieter Bock, Tel. +49 9132 81 2261 Herzogenaurach,
More informationChina 2015 International Property Outlook
China 2015 International Property Outlook China 2015 International Property Outlook Chinese are buying property internationally in unprecedented numbers and despite media speculation that the economy of
More informationTHE MAINLAND AND HONG KONG CLOSER ECONOMIC PARTNERSHIP ARRANGEMENT FURTHER LIBERALIZATION MEASURES IN 2012
THE MAINLAND AND HONG KONG CLOSER ECONOMIC PARTNERSHIP ARRANGEMENT FURTHER LIBERALIZATION MEASURES IN 2012 INTRODUCTION This note sets out the latest state of the enhancement of economic and trade cooperation
More informationConsolidated sales of 6,347 million euros, up 10% on a like-for-like basis (7% as reported)
14.18 Order intake surged 25% to 9.1 billion euros Sales came in at 6.3 billion euros, up 10% like for like (7% as reported) Operating margin (1) up 15% to 442 million euros, or 7.0% of sales Net income
More informationINDUSTRY OVERVIEW OUTSOURCING OF SOFTWARE DEVELOPMENT AND SERVICES
The information presented in this section and elsewhere in this prospectus relating to the software market of selective countries is derived from various publications and news reports. Such information
More informationCharlene Hamrah (Investment Community) (212) 770-7074 Joe Norton (News Media) (212) 770-3144
Contact: Charlene Hamrah (Investment Community) (212) 770-7074 Joe Norton (News Media) (212) 770-3144 AIG REPORTS FIRST QUARTER 2006 NET INCOME OF $3.20 BILLION NEW YORK, NY, May 10, 2006 American International
More informationBESTW EEK. China Close to Opening Its Auto Insurance Market A.M. Best Analyst: Foreign Players May Ease Loss Pressure in Motor Market.
www.bestweek.com BESTW Weekly EEK Asia/Pacific Insurance Newsletter September, 2011 China Close to Opening Its Auto Insurance Market A.M. Best Analyst: Foreign Players May Ease Loss Pressure in Motor Market
More informationHow To Understand The Economic Indicators Of Korea And Japanese
CHAPTER 3 Economic Impacts on Olympic Host Countries The first Olympic Games originated in Athens, the capital of Greece, in 1896. It lasts for a hundred and eleven years till 2007. The Olympic Games have
More informationSino investment Services Pty Ltd Corporate Profile September 2013. Copyright reserved 2013 Sino Investment Services Pty Ltd
Sino investment Services Pty Ltd Corporate Profile September 2013 Copyright reserved 2013 Sino Investment Services Pty Ltd Investment highlights Unique opportunity Attractive business model A boutique
More informationJINGYI GOLD CO LTD PROMINENT COMPANY IN CHINA ISSUES BRANDED GOLD INVESTMENT BARS
GOLD BARS Supplement 6/2011 JINGYI GOLD CO LTD PROMINENT COMPANY IN CHINA ISSUES BRANDED GOLD INVESTMENT BARS Jingyi Gold Co Ltd, a limited liability company that focuses mainly on the supply of gold-related
More informationVWNMS Dr. Frank Galas 24 th September 2014 Volkswagen Leasing China 1
1 Leasing is the natural choice for commercial customers Fixed low monthly leasing payments full transparency and cost control No bound capital and higher financial freedom for the business Off balance
More informationTechnology FOUR KEY TRENDS IN THE GLOBAL SMARTPHONE MARKET
FOUR KEY TRENDS IN THE GLOBAL SMARTPHONE MARKET 1.2 billion smartphones were sold globally in 2014, and in the first quarter of 2015, smartphone unit demand was up +7% on the same period of last year.
More informationGrande conférence Les Affaires China: Toward a new economic model. Presented by: Jean Masson
Grande conférence Les Affaires China: Toward a new economic model Presented by: Jean Masson Quebec City, April 19, 2012 The modernization of China: The awakening of a sleeping dragon Modernization does
More informationPromote Two-Way Flow of International Students, Improve Quality of International Students Education in China
Promote Two-Way Flow of International Students, Improve Quality of International Students Education in China Speech on the Sino-Australian Forum on Transnational Education and Student Mobility Ms TIAN
More informationMachinery and equipment manufacturing in China
Machinery and equipment manufacturing in China Focal point: NBSO Dalian The layout of the global equipment manufacturing industry is changing fast. Production capacity relocates from developed countries
More informationUK Prime Rents and Yields MarketView
Q 2 Q1 2 Q1 2 Q 2 Q2 2 Q1 2 Q 2 Q 2 Q2 2 Q 2 Q2 211 Q 212 UK Prime Rents and Yields MarketView CBRE Global Research and Consulting RENTS - RISERS 2 YIELDS - FALLERS RENTS - FALLERS YIELDS - RISERS ACCELERATING
More informationBusiness Credit Report
Business Credit Report 18/06/2012 Spett.le cliente alfa xxxxxxx Commercial Trading (Shanghai) Co., Ltd. GTM Reference No. G120614223 Currency in this report is Chinese Yuan unless otherwise stated. Exchange
More informationRENMINBI - A NEW SETTLEMENT CURRENCY WAS BORN
BUDAPEST RENMINBI INTITIATIVE PAPERS No1 RENMINBI - A NEW SETTLEMENT CURRENCY WAS BORN Author: Szilárd Erhart, Head of th MNB s Renminbi Project, Central Bank of Hungary While China s weight in international
More informationMinistry of Small Business,Technology and Economic Development
Ministry of Small Business,Technology and Economic Development 2 BRITISH COLUMBIA S TRADE AND INVESTMENT STRATEGY FOR CHINA Why China is Important to British Columbia China is the world s fourth largest
More informationBMW Motorrad delivered more than 47,000 motorcycles from April to June its highest-ever quarterly figures.
Media Information - Check against delivery - Statement Dr. Friedrich Eichiner Member of the Board of Management of BMW AG, Finance Conference Call Interim Report to 30 June 2015, 10:00 a.m. Ladies and
More informationFinancial Information
Financial Information Solid results with in all key financial metrics of 23.6 bn, up 0.4% like-for like Adjusted EBITA margin up 0.3 pt on organic basis Net profit up +4% to 1.9 bn Record Free Cash Flow
More informationChina s Outsourcing Market A Perspective
China s Outsourcing Market A Perspective July 2011 Since 2006, China s market for the outsourcing of technology services (outsourcing services) has experienced fast growth. Over the past 5 years, both
More informationChina Business Dashboard January 2007
China Business Dashboard January 2007 Key headlines Bubbly growth expectations: Executives' confidence in China remains extremely high, particularly with regard to domestic sales prospects. Confidence
More informationFranchising Industry in China
Franchising Industry in China 1. An Overview of Franchise Development in China Franchising first emerged in China in the late 1980s. In 1987, KFC s first Chinese outlet was opened in Beijing, the capital
More informationSmart solutions for international success
Smart solutions for international success Japan / Hong Kong / China / United Kingdom Building market presence Having market presence is critical to market success. Syntaq understands what it takes to bring
More informationTaoyuan Aerotropolis Infrastructure Project and. Taoyuan International Airport Terminal 3 Project TAIWAN
Taoyuan Aerotropolis Infrastructure Project and Taoyuan International Airport Terminal 3 Project TAIWAN The Taoyuan Aerotropolis Infrastructure Project, seen as a prime driver of Taiwan s future economic
More informationAsset Management Credit Suisse Asia Pacific Investor Forum
Asset Management Credit Suisse Asia Pacific Investor Forum Hong Kong April 2, 2007 Toni Iliya, Head of Asset Management Asia Pacific Cautionary statement Cautionary statement regarding forward-looking
More informationKELLY SERVICES CHINA 2015 SALARY GUIDE
KELLY SERVICES CHINA 2015 SALARY GUIDE KELLY SERVICES IN CHINA Kelly Services, Inc. (NASDAQ: KELYA, KELYB) is a leader in providing workforce solutions. Kelly offers a comprehensive array of outsourcing
More informationThe Center Cannot Hold:
The Center Cannot Hold: Singapore to overtake Switzerland as leading Offshore Hub by 2020 April, 2013 Offshore Centers: 2012 Private Banking Handbook The global private banking industry has AuM of $19.3
More informationBarometer of business travel management in China CBTF 2013
Barometer of business travel management in China CBTF CITIS American Express Presentation Agenda 1 Survey methodology 2 Travel industry data 3 Trends 4 Company profiles 5 Conclusions ! 1 Survey methodology
More informationSEMICONDUCTOR INDUSTRY ASSOCIATION FACTBOOK
SEMICONDUCTOR INDUSTRY ASSOCIATION FACTBOOK The data included in the 2014 SIA Factbook helps demonstrate the strength and promise of the U.S. semiconductor industry and why it is critical for policymakers
More information2012 HAYS SALARY GUIDE SHARING OUR EXPERTISE. Salary and recruiting trends across Asia
2012 HAYS SALARY GUIDE SHARING OUR EXPERTISE Salary and recruiting trends across Asia SECTOR OVERVIEW CHINA Given the continued success of a variety of industries in China, and the overwhelming prosperity
More informationHow To Rank The World'S Largest E Commerce Companies
THE WORLD s LEADING E-COMMERCE COMPANIES 2014 October 2014 General Information Product Details Language: English Format: PDF & Power Point Number of Pages/Charts: 18 Covered Countries/Regions: Global,
More informationGerman Business in China
German Business in China Business Confidence Survey 2015 Press Conference China German Business in China Key Developments China has emerged as one of Germany s most important international partner economies.
More informationStudy on Driving Force of Economic Growth in Beijing and Outlook on Prospect of Economic Growth during 11th Five-year Plan Period
Study on Driving Force of Economic Growth in Beijing and Outlook on Prospect of Economic Growth during 11th Five-year Plan Period Research Group Beijing Municipal Bureau of Statistics,China August 31,2006
More informationDIFI-Report. 4 th Quarter 2015 Assessment of the Real Estate Financing Market in Germany
DIFI-Report 4 th Quarter 2015 Assessment of the Real Estate Financing Market in Germany The German Real Estate Finance Index (DIFI) reflects survey participants assessments of the current situation (the
More informationSPV Global. Overseas Property Investment. Investing in established and stable property markets
SPV Global Overseas Property Investment Investing in established and stable property markets About Us SPV Global is an overseas property agency for Chinese investors in Hong Kong, Macau, China and Taiwan.
More information41.6 Billion USD invested in M&A (vs. 34.3 Billion in 9M 2012) 57% M&A (vs. 56% M&A in 9M 2012)
The reference indicator for Chinese outbound investments worldwide & for the globalization rate of the Chinese Economy 9M 2013 Full Year DRAGON INDEX TM hits 2483 points, ODI +20%, FDI +5% Chinese M&A:
More informationEconomic Effects of CEPA and its Implications to Korean Companies. Pansy Yau Deputy Director of Research June 2014
Economic Effects of CEPA and its Implications to Korean Companies Pansy Yau Deputy Director of Research June 2014 2 Major concerns on CEPA: - What are the main provisions of CEPA? - Who qualifies? - What
More information1. Status quo of Chinese online stock business; 2. Main factors which influence online stock business; 3. E-commerce theory and strategy of Yestock.
- 1 - The Current Situation of China Online Stock Business and Its Future 1. Status quo of Chinese online stock business; 2. Main factors which influence online stock business; 3. E-commerce theory and
More informationINFORMATIONTECHNOLOGYSERVICESINDUSTRYINHONGKONG
INFORMATIONTECHNOLOGYSERVICESINDUSTRYINHONGKONG Overview The information technology(it) sector of Hong Kong is among the most advanced in the world. According to the World Economic Forum's Networked Readiness
More informationServcorp Limited Analyst Presentation
Servcorp Limited Analyst Presentation Alf Moufarrige, CEO Thomas Wallace, CFO Thursday 25 February, 2010 Six Months ended 31 December 2009 1 Operational Highlights H1 2010 Mature floor NPBT of $12.05 million
More informationForecasting Chinese Economy for the Years 2013-2014
Forecasting Chinese Economy for the Years 2013-2014 Xuesong Li Professor of Economics Deputy Director of Institute of Quantitative & Technical Economics Chinese Academy of Social Sciences Email: xsli@cass.org.cn
More informationVolkswagen Financial Services Strategy and business development in China
Volkswagen Financial Services Strategy and business development in China Harald Müller General Manager, Volkswagen Finance (China) Co., Ltd. Beijing, 14 April 2015 Volkswagen Group Leveraging the power
More informationoccasional paper on economic statistics SINGAPORE HOUSEHOLD BALANCE SHEET: 2005 UPDATE AND RECENT TRENDS
occasional paper on economic statistics SINGAPORE HOUSEHOLD BALANCE SHEET: 2005 UPDATE AND RECENT TRENDS Singapore Department of Statistics June 2006 Papers in this Occasional Paper Series provide an informal
More informationFAR EAST HORIZON (BBB- (S)) Strong Earnings Growth With Asset Quality In Good Position
FAR EAST HORIZON (BBB- (S)) Strong Earnings Growth With Asset Quality In Good Position NET YTM is at 5.23% as at 13 January 2014 Market Recognition of Far East Horizon s business Far East Horizon is a
More informationSOCIAL MEDIA ADVERTISING STRATEGIES THAT WORK
SOCIAL MEDIA ADVERTISING STRATEGIES THAT WORK ABSTRACT» Social media advertising is a new and fast growing part of digital advertising. In this White Paper I'll present social media advertising trends,
More informationCommercial Property Newsletter
Commercial Property Newsletter July 2010 Inside: Irish Commercial Property Commentary - Irish Life Property Fund Information UK Commercial Property Commentary - Irish Life UK Property Fund Information
More informationAutomotive Manufacturing & Design for China
Automotive Manufacturing & Design for China 2015 Media Planner Webinars Integrated Media Platform for Lead Generation & Branding Video Mobile Social Media: www.industrysourcing.com www.industrysourcing.cn
More informationGood connection. to the Far East
24 Projects Asia Good connection to the Far East There s no stopping China s economic growth and T-Systems is growing right along with it. The ICT service provider also offers its customers in the Far
More informationHALF YEAR REPORT AS OF JUNE 30
2 0 1 4 HALF YEAR REPORT AS OF JUNE 30 T O O U R S H A R E H O L D E R S Dear shareholders, ladies and gentlemen, The Nemetschek Group continued its successful development in the second quarter of 2014
More informationFinding Success in Market Variability, Making Innovation in Future Partnerships Wheelock Square Grows Together with its Tenants
For immediate release Finding Success in Market Variability, Making Innovation in Future Partnerships Wheelock Square Grows Together with its Tenants According to estimates, central Shanghai's super grade
More informationNet sales Operating income Ordinary income Net income
MORITO CO., LTD. Financial Statement (Unaudited) For the Third Quarters of the Fiscal Year ended November 30, 2015 (Translated from the Japanese original) October 9, 2015 Corporate Information Code: 9837
More informationBDO s. Setting up a business in China can. BDO China unlocked
china unlocked BDO China unlocked BDO s expertise and international reach Over the last two decades China has firmly put itself on the map as a country in which to invest, to date mainly for Manufacturing
More informationChina outsourcing EXPRESS DELIVERY FROM CHINA
EXPRESS DELIVERY FROM CHINA [ 32 ] A Plus + August 2009 China s outsourcing industry may soon give India a run for its money, writes Naomi Martig Illustrations by Emilio Rivera III As the U.S. slides into
More informationADVERTISING AND PUBLIC RELATIONS IN CHINA. Ying Fan
ADVERTISING AND PUBLIC RELATIONS IN CHINA Ying Fan Published as a part of Chapter 12 Communicating with 1.3 billion people in China, Handbook of Corporate Communication and Public Relations: Pure and Applied
More informationSpecial Report The Chinese Insurance Market
Special Report The Chinese Insurance Market Due to China s relatively late commercialization, opening up and development, the insurance market at present is very underdeveloped and immature. However, like
More informationTurnover of the foreign exchange and derivatives market in Hong Kong
Turnover of the foreign exchange and derivatives market in Hong Kong by the Banking Policy Department Hong Kong advanced one place to rank sixth in the global foreign exchange market and seventh when taking
More informationQ1 14 Global IPO update. January March 2014
Q1 14 Global IPO update January March 214 Table of contents Section Content Slides 1 214 January March* highlights 4 7 2 Global IPO activity trends Global analysis Regional analysis Industry analysis Stock
More informationInvestment Opportunities in the Property Management Industry in Taiwan
Investment Opportunities in the Property Management Industry in Taiwan I. Reasons to Invest in Taiwan s Property Management Industry A. The service scope of Taiwan property management is increasingly expanding.
More informationChinaEdu Corporation (Nasdaq: CEDU) Leading Education Services Provider in China
ChinaEdu Corporation (Nasdaq: CEDU) Leading Education Services Provider in China September 2008 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the
More informationProperty and Asset Management
Property and Asset Management Enhance efficiency with expertise When property management quality matters, Jones Lang LaSalle delivers. A team of 230 property management professionals in Singapore Specialist
More informationCommerzbank: Strategy successful net profit of over 1 billion euros and dividend
IR release 12 February 2016 Commerzbank: Strategy successful net profit of over 1 billion euros and dividend Operating profit in 2015 more than doubled to EUR 1,909 m (2014: EUR 689 m) Operating profit
More informationOverview. carried interest. Copyright 2014 by Cambridge Associates LLC. All rights reserved.
Overview Cambridge Associates LLC Global ex U.S. Developed and Emerging Markets Private Equity and Venture Capital Benchmark Commentary Quarter Ending September 30, 2013 During the third quarter, in U.S.
More informationOrient Capital Research
Orient Capital Research March 31, 2015 Orient Capital Research Andrew Collier 852-9530-4348 andrew@collierchina.com Jiulice Zhou, Analyst, Shanghai Lei Chon Pang, Analyst, Macau China s Insurance Shadow
More information