China Capital Markets Research
2014 was a good year to be a bank in China, but apparently an even better one to be a brokerage. The latest data from the Securities Association of China shows that 2014 total income for the industry was 260.3 billion RMB (Chinese Yuan), up 63% from 2013.
A bit outside of our normal commentary, but an article sheds light on how low-latency technology is important in China, but for buying train tickets.
Alibaba is yet again launching another investment product, and this time it will give its Alipay customers the option to invest in gold.
Conventional wisdom and the written history of capital markets would have it that the value of a particular stock is based on the potential of future returns in the form of dividends and the underlying book value of the company. Not ones to stick with tradition, China’s mainland investors have often defied this basic tenant of reason and developed their own ideas about what the price of any particular stock should be.
Shanghai Composite Index hitting new highs
After years of bearish sentiments among Chinese investors, the Shanghai Composite Index seems to be picking up again and rises to highest level since August 2011.
Alibaba pours more money into Hundsun, this time in market data
Alibaba's not so subtle move into China's financial services industry took another step forward today with an additional investment into financial data and software provider Hundsun.
According to new data released by China Securities Depository and Clearing (CSDC), Chinese investors have opened 243,073 new A-share accounts in the period between November 10th and November 14th.
The Empire Re-emerges: Baidu Launches Baifa 100 Index Fund
Baidu Baifa 100 Index Fund, the first big data-based quantitative strategy fund in China, announced that it was closed for new investors only 24 hours of online sale at 15:00 on October 28th.
Account unification will squeeze broker commissions in China
Starting from October 8th China Securities Depository and Clearing will assign a single unified account number to all A-share and closed-end mutual fund account holders. Previously, accounts were separated to the respective Shanghai and Shenzhen branches of the clearing company.
Wanda, Baidu and Tencent to Set up a New E-commerce Company
With Alibaba in the US for a one-week road show before what might be the biggest tech IPO that we've ever seen, Alibaba's competitors are battening down the hatches for an extended battle for the face of e-commerce in China.
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Despite China’s present technology boom, Internet penetration is still a mere 47%.
The recent news story about Bank of China allegedly assisting with illegal money transfer ended well for the bank and turned out to be a case of journalists not doing enough research...
Lagging Growth: Chinese Stock Market Trading Volume
Despite the regulators’ effort in boosting investor’s confidence in post-hiatus IPOs, growth in Chinese stock market growth in trading volume is still sluggish.
Zhaopin, a late comer to the NYSE
Shortly after Jumei Youpin, JD.com listed in US, Zhaopin, an online recruitment platform, listed on the NYSE on June 12th, 2014.