Tag: Investment

Huawei presses on with GBP 1.3 billion investment despite Brexit

Shenzhen-based Huawei Technologies, China’s largest smartphone manufacturer and the world’s third largest smartphone supplier, has pressed on with its GBP 1.3 billion investment in the UK despite uncertainties pertinent to the recent Brexit referendum. Sajid…


Shanghai-Hong Kong Stock Connect (29 Jun 2016)

Northbound stock trade sees a net fund inflow of 1.096 billion yuan The Shanghai – Hong Kong Stock Connect saw a net fund inflow of 1.10 billion yuan for northbound trade on Wednesday. The Shanghai…


Chinese investors likely swarming to UK following Brexit

Among various market and stock plunges after Britain voted to leave the EU last Friday, speculation and interest in investment in the nation’s real estate market has evidently taken the other way. Property prices in…


Shanghai-Hong Kong Stock Connect (28 Jun 2016)

Northbound stock trade sees a net fund inflow of 266 million yuan The Shanghai – Hong Kong Stock Connect saw a net fund inflow of 266 million yuan for northbound trade on Tuesday. The Shanghai…


Shanghai-Hong Kong Stock Connect (27 Jun 2016)

Northbound stock trade sees a net fund inflow of 136 million yuan The Shanghai – Hong Kong Stock Connect saw a net fund inflow of 136 million yuan for northbound trade on Monday. The Shanghai…


Alipay reportedly acquires 25% stake in Wirecard

Alipay, a mobile payment system of e-commerce conglomerate Alibaba, is reportedly to acquire a stake of up to 25% in Wirecard AG, a German banking software company, according to a German source. Alipay owns over…


Shanghai-Hong Kong Stock Connect (24 Jun 2016)

Northbound stock trade sees a net fund outflow of 1.82 billion yuan The Shanghai – Hong Kong Stock Connect saw a net fund outflow of 1.82 billion yuan for northbound trade on Friday. The Shanghai…


Shanghai-Hong Kong Stock Connect (23 Jun 2016)

Northbound stock trade sees a net fund inflow of 223 million yuan The Shanghai – Hong Kong Stock Connect saw a net fund inflow of 223 million yuan for northbound trade on Thursday. The Shanghai…


Shanghai-Hong Kong Stock Connect (22 Jun 2016)

Northbound stock trade sees a net fund inflow of 1.01 billion yuan The Shanghai – Hong Kong Stock Connect saw a net fund inflow of 1.01 billion yuan for northbound trade on Wednesday. The Shanghai…


Shanghai-Hong Kong Stock Connect (21 Jun 2016)

Northbound stock trade sees a net fund inflow of 185 million yuan The Shanghai – Hong Kong Stock Connect saw a net fund inflow of 185 million yuan for northbound trade on Tuesday. The Shanghai…


Tesla targets Shanghai as its China production base

Tesla Motors Inc., an US-based automobile and energy storage company, is allegedly eyeing Shanghai for its production site in Mainland China on an investment worth about $9 billion, making it the largest overseas investment by…


Shanghai-Hong Kong Stock Connect (20 Jun 2016)

Northbound stock trade sees a net fund inflow of 296 million yuan The Shanghai – Hong Kong Stock Connect saw a net fund inflow of 296 million yuan for northbound trade on Monday. The Shanghai…


Australia taxes foreign property buyers as Chinese crowd out locals

Sydney is rolling out new taxes on properties purchased by foreigners, amid a huge spike in property investments by predominantly Chinese investors in recent years and crowding out Australian buyers. Specifically, the tax proposed is…


Shanghai-Hong Kong Stock Connect (17 Jun 2016)

Northbound stock trade sees a net fund inflow of 1.16 billion yuan The Shanghai – Hong Kong Stock Connect saw a net fund inflow of 1.16 billion yuan for northbound trade on Friday. The Shanghai…


Uber reportedly gains profit in all developed markets

Travis Kalanick, co-founder and CEO of Uber, recently said that Uber is now profiting in all its developed markets including North America, Australia, Europe and the Middle East, accounting for “all general and administrative costs”…