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Chinese Investors

All articles tagged with #chinese investors

cryptocurrency1 year ago

"Hong Kong Poised to Greenlight Asia's First Bitcoin Spot ETFs"

Hong Kong regulators are expected to approve spot bitcoin ETFs, potentially providing Chinese investors with an alternative to domestic real estate and stocks. Analysts believe the ETFs could lead to significant inflows into bitcoin, particularly from mainland investors seeking to diversify their assets. While the approval of ETFs could be a positive catalyst for bitcoin, it's unlikely that the flows will match those seen in the U.S. market.

via CoinDesk|
#bitcoin#chinese-investors#cryptocurrency
business2 years ago

China's Alipay Sells Stake in Zomato for $400 Million

Chinese payments group Alipay, owned by Ant Group, plans to sell its 3.4% stake in Indian food delivery giant Zomato for nearly $400 million through block deals on Indian stock exchanges. The stake sale is likely to be executed later this week and comes as other Chinese investors have been reducing their stakes in Indian companies. Zomato's shares have surged more than 90% this year, and Alipay aims to cash out at a favorable market timing.

via Reuters|
#alipay#business#chinese-investors
gaming2 years ago

"Chinese Financing: A Potential Lifeline for Japan's Video Game Industry?"

Chinese investors are showing optimism in the Japanese video game industry despite the industry's recent struggles with rising costs and studio closures. Chinese conglomerates like Tencent and NetEase have established studios in Japan and hired renowned Japanese directors to create Japan-style console games for western audiences. While cultural differences exist between the Chinese and Japanese gaming markets, Chinese investors see potential in expanding their influence and power into the western video game industry. Japanese staff working for Chinese backers benefit from increased funding, creative freedom, and improved working conditions. However, there is a concern about the long-term investment in the next generation of artists and designers, as well as the sustainability of Chinese investment in less favorable economic conditions.

via The Guardian|
#chinese-financing#chinese-investors#cultural-differences
finance2 years ago

China's Trust Firm Misses Payments, Sparks Economic Turmoil and Investor Complaints

Chinese investors in trust products of Zhongrong International Trust Co., a leading Chinese shadow bank, have lodged complaints with regulators after the firm missed payments on dozens of investment products. The trust firm has missed payments on at least 22 products since late July, involving nearly 30,000 investors and an outstanding value of about $21.96 billion to $27.43 billion. Investors are urging the National Financial Regulatory Administration and the Central Commission for Discipline Inspection to intervene and demand transparency regarding the firm's defaulted products and repayment plans. The situation raises concerns about the stability of China's financial system amid a property market crisis and a slowing economy.

via Reuters|
#chinese-investors#finance#financial-system