China Market Intelligence
Timely, relevant and actionable information and analysis on China
Daily Wrap: Illegal Fund-pooling Campaign, 1Q17 SOE Profits
Mainland authorities are looking to get a firmer grip on illegal fund-pooling. The campaign will target investment consulting, wealth management, third party payments, crowd funding, private equity, and real estate. In 2016, there were over 5000 illegal fund-pooling cases involving RMB251bn. Shanghai Composite Index gained 0.20% to 3,140.85, Shenzhen Component Index grew 0.39% to 10,204.84, CSI 300 increased 0.12% to 3,445.18, and ChiNext rose 0.28% to 2,368.13. Hang Seng Index increased 0.50% to 24,578.43.
Shenzhen Investment Buys Controlling Stake in Cinda P&C Insurance
CIRC has approved the sale of a 41% stake in Cinda Property and Casualty Insurance for RMB4.22bn to state-owned Shenzhen Investment Holdings from China Cinda Asset Management [1359:HK]. The deal will make Shenzhen Investment Holdings the largest shareholder in the P&C insurer, and China Cinda will retain a 10% stake. Cinda Property and Casualty Insurance began generating thin profits three years after inception in 2008, and reported net loss again in 2016.
Tencent Cloud to Build Five Overseas Data Centers
Tencent [0700:HK] announced it will establish five new oversea data centers during a press in Singapore, according to Xinhuanet on April 26. The five new data centers will be located in Silicon Valley, Frankfurt, Seoul, Mumbai, and Moscow. Previously, Tencent established two oversea data centers in Toronto and Singapore.
Ofo Partners with the UNDP
Bike-sharing platform Ofo, has launched a strategic partnership with the United Nations Development Programme (UNDP) to promote cycling and low-carbon lifestyle on April 25. Ofo and UNDP also agreed to set up a scholarship program for addressing urban environmental challenges.
and accredited investors.
Red Pulse solves information overload — Produced by professionals, for professionals
Client-only web portal
Private portal redpulse.com provides real-time feed and access to 4+ years of archived and tagged research.
Research content conveniently categorized into General Macro, Finance, Tech & Internet and Consumer. With an additional 4,000+ tags based on company, ticker, topic and sub-sectors.
Real-time feeds via financial terminals
Research entitlements on Bloomberg terminals, Thomson Reuters Eikon, S&P Capital IQ and FactSet.
Research process driven by China industry veterans and on-the-ground analysts
Automated and manual collection of China market news and company specific developments. From hundreds of Chinese language websites, financial statements, and proprietary databases.
China research analysts cull
irrelevant information, moderate biased viewpoints, and highlight key market, sector, and company-specific developments that can lead to actionable decisions.
Selected market information is methodically assessed for relevancy, and further research and analysis is conducted to explain ultimate impact on markets, sectors, companies,
and end investors.
Analysts and content editors fine-tune the analysis and produce polished output in the form of detailed yet concise chunks of insight, ready to be digested by customers for planning and investment decision making.
30 two-paragraph research notes on
China Macro, Finance, Tech & Internet and Consumer sectors
Consistently faster coverage of events
impacting markets versus
Vetting market news and events
while filtering out market rumors
Focused on covering events that
impact stocks, funds and
Thank you to the 60,000+ professionals
that have signed-up so far.
Red Pulse is invite-only to finance
professionals and accredited investors.