NYSE’s Post

Pruksa Iamthongthong and James Thom shared their thoughts from a trip to Shanghai, Shenzhen, Fujian and Hong Kong recently, at the same time checking the pulse on the ground and uncover new ideas. Watch the full video to find out more. Discover our full spectrum of investment capabilities across equities, multi-asset and fixed income: https://ow.ly/FrmR50Szlkx Investment involves risk. #abrdnInvestments

Pruksa Iamthongthong and James Thom shared their thoughts from a trip to Shanghai, Shenzhen, Fujian and Hong Kong recently, at the same time checking the pulse on the ground and uncover new ideas. Watch the full video to find out more. Discover our full spectrum of investment capabilities across equities, multi-asset and fixed income: https://ow.ly/MVzE50Syrk0 Investment involves risk. #abrdnInvestments

It’s not immediately clear how much the “Hong Kong-based financial group with a Middle East backer” / the “couple of small Chinese brokerages” looking at China Renaissance may be willing to pay for a business which has lost:   ·        1/3 of staff in HK ·        100 staff in total including mainland China ·        Head of the wealth business ·        Half of the investment banking group in HK, which has shrunk to less than 10 people ·        1/3 of sales / trading / research staff In particular, the firm’s PE fund is set up in a way where it “has stopped deploying capital because the investment committee, once chaired by Bao, can’t make decisions without him.” The company was last trading at a market value of $530mn (0.6x 2Q23 P/B). I imagine if any bidder moves ahead with due diligence, the process would be protracted and painful… #china #chinaeconomy #chinabusiness https://lnkd.in/gVbCBrrU

In this financial drama, discover the intricate dance of private equity in China as buyout firms grapple with valuation challenges and employ creative strategies to navigate uncertain markets. From struggles in public markets to alternative exit routes, witness the resilience demanded in this financial frontier. Read Full Article https://buff.ly/49zSfsH

Pruksa Iamthongthong and James Thom shared their thoughts from a trip to Shanghai, Shenzhen, Fujian and Hong Kong recently, at the same time checking the pulse on the ground and uncover new ideas. Watch the full video to find out more. Discover our full spectrum of investment capabilities across equities, multi-asset and fixed income: https://lnkd.in/gZ6XEVcZ Investment involves risk. #abrdnInvestments

China International Capital Corp. (CICC) (601995.SH), one of the country’s top investment banks, nominated finance industry veteran Mr. Chen Liang as its new chairman.The nomination came two days after Mr. Chen resigned as chairman of China Galaxy Securities Co. (CGS) (601881.SH), a position he had held since last year. Both CICC and CGS are controlled by Central Huijin Investment Ltd., the domestic arm of the country’s sovereign wealth fund, China Investment Corp. In the first half of 2023, China International Capital Corp achieved operating revenue of CNY12.42 billion($1.75 billion), a year-on-year increase of 2.38%, and net profit of CNY3.58 billion($0.50 billion), a year-on-year decrease of 6.96%. During the same time, China Galaxy Securities Co. realized operating revenue of CNY17.41 billion($2.45 billion), a year-on-year decrease of 4.38%, and net profit of CNY4.94 billion($0.70 billion), a year-on-year increase of 14.14%. Earlier this month, there were market rumors that CICC and CGS would merge and restructure. Last week, the two companies released a statement on the Shanghai Stock Exchange, both of two companies have not received any written or verbal information from government , regulatory agencies, or the company's controlling shareholders or de facto controllers regarding the above rumors.#China #stockmarket #investmentbanking #mergersandacquisitions #rumors

For the second year in a row, uncertainty hovered over Asia-Pacific #PrivateEquity markets as deal value fell to $147 billion, extending the dealmaking slump that began in 2022. Explore our annual report to learn more about the state of the APAC #PE market and what the year ahead holds.

For the second year in a row, uncertainty hovered over Asia-Pacific #PrivateEquity markets as deal value fell to $147 billion, extending the dealmaking slump that began in 2022. Explore our annual report to learn more about the state of the APAC #PE market and what the year ahead holds.

For the second year in a row, uncertainty hovered over Asia-Pacific #PrivateEquity markets as deal value fell to $147 billion, extending the dealmaking slump that began in 2022. Explore our annual report to learn more about the state of the APAC #PE market and what the year ahead holds.

At the recent Hong Kong Venture Capital and Private Equity Association (HKVCA) China Private Equity Summit, discussions focused on opportunities and challenges for private capital flowing into and out of China, more than six months after the reopening of borders. Our experts reflect on four key observations. https://bit.ly/3QQwMVv #HKVCA #privateequity #Chinaprivatecapital