China ADR Buyouts: Beijing May Limit Reverse Mergers, Cap Valuation Multiples – Asia Stocks to Watch – Barrons.com

The China Securities Regulatory Commission is weighing possible restrictions on reverse mergers, including capping valuation multiples for deals involving companies that previously traded overseas, according to the people. Another option being discussed is introducing a quota to limit the number of reverse mergers each year from companies formerly listed on a foreign bourse, the people […]

China to Mull Curbs on Domestic Backdoor Listing Valuations – Bloomberg

China’s stock regulator is considering measures to curb the flow of overseas-traded Chinese companies seeking backdoor listings in the domestic equity market, people with knowledge of the matter said.  The China Securities Regulatory Commission is weighing possible restrictions on reverse mergers, including capping valuation multiples for deals involving companies that previously traded overseas, according to […]

Noteworthy Q1 2016

Cambridge Capital (old CAMB) Completes Combination with Ability Computer (new ABIL) KBS Fashion Group (new KBSF) Announces First Half 2015 Financial Results KBS Fashion Group (old AQU) Announces Launch of New Investor Relations Website  Akari Therapeutics (AKTX) Closes $75 Million Private Placement Celsus Therapeutics (AKTX) and Volution Immuno Announce Completion of Acquisition OncoSec Medical (ONCS) […]

ProAltIR™ Webinar Series

ProAltIR™ Webinar Series George Raney’s proactive alternative investor relations (ProAltIR™) pay per view webinar series to foster 2016 corporate development strategies, is geared toward members of corporate development teams of US listed global SMEs and ADRs, as well as academics fostering domestic and global equity capital market development.  Tuesday  Corporate Development   Sept 14,  2015      […]

ProAltIR™ Webinar Series

ProAltIR™ Webinar Series George Raney’s proactive alternative investor relations (ProAltIR™) pay per view webinar series to foster 2016 corporate development strategies, is geared toward members of corporate development teams of US listed global SMEs and ADRs, as well as academics fostering domestic and global equity capital market development.  Tuesday  Corporate Development   Sept 14,  2015      […]

Global Spotlight: Japan

  Japan has established a reputation as the home of some of the world’s most sophisticated technology and innovation. Even the nation’s SMEs are expected to invent and foster the newest tech and share it with the world. But at home, Japan has only just begun to emerge from a recession, meaning small businesses are in […]

Appraiser puts $113 million price tag on steel company’s intangibles; but will investors buy Chinese IP valuations? – Blog – Intellectual Asset Management (IAM) – Maximising IP Value for Business

Last week Sutor Technology Group announced that an independent valuation of the intellectual property owned by it and its subsidiaries had arrived at a figure of Rmb700 million (approximately US$113 million). The Chinese steel manufacturer and service provider is publicly traded on the NASDAQ exchange, and while a relatively small Chinese company putting a price […]

Joint Ventures, Strategic Alliances Remain Attractive Ways to Do Business in China

While there has been much coverage of China’s slowing economy, as well as increased scrutiny of foreign companies and the country’s rising labor costs, a new report finds that joint ventures and strategic alliances remain attractive ways to do business in China for both Chinese and foreign companies. Seventy-six percent of foreign respondents and 70% […]

ICICI Bank Partners with Alibaba to Finance SMEs

MUMBAI:  ICICI Bank Ltd will partner with Alibaba.com to provide a single window facility for easier trade finance to small and medium enterprises in India, called as the Trade Facilitation Centre. SMEs that are members of Alibaba.com will get better access to integrated services from ICICI Bank such as loans, bank guarantees, cross border remittances, […]

China urges SCO to support SMEs

The Shanghai Cooperation Organization (SCO) should make more concerted efforts to support the development of small and medium-sized enterprises (SMEs), a Chinese trade promotion representative urged Thursday.The China-proposed Belt and Road initiative has yielded initial results, and practical steps have been made toward the establishment of the Asian Infrastructure Investment Bank, which has provided a […]

Oman bourse signs contract with Taipei Exchange

  MUSCAT: Abdullah Al Salmi, executive president of Capital Market Authority (CMA), signed a contract to engage the Taipei Exchange (also known as Gre Tai) as expert consultants. It was signed at the 40th annual meeting of the international securities market regulators (IOSCO) in Londoon on Tuesday. The contract covers consultancy assistance to be provided […]

GIC & Temasek invest $590.1m in Citic Securities

  Singapore state fund Temasek Holdings and the country’s sovereign wealth fund GIC, alongside other sovereign funds, will be investing an additional S$739 million ($590.1 million) into Citic Securities, a broking firm, which is raising $3.495 billion in capital via a placement of new shares to 10 institutional investors. China’s largest brokerage by market value, Citic is planning to sell 1.1 […]

SEC Suspends Trading In Joymain International, Surging Penny Stock Behind A Billionaire On Paper

  The Securities and Exchange Commission said on Monday it has temporarily suspended trading in Joymain International Development Group, a thinly traded China-based company that’s seen its market capitalization grow in excess of $7 billion despite having virtually no business operations.   In deciding to suspend the stock, the SEC cited unusual trading in Joymain’s stock, […]

Global Spotlight: Chile

  In the world of B2B innovation, Chile is most often mentioned in the context of e-invoicing. While it’s true that the nation is among the world’s leaders for successful digital procurement adoption, Chile has become an underdog success story for its embrace of Big Data and its flourishing B2B startup community. PYMNTS takes a […]

A tax increase on hedge funds won’t help the poor

Even Mayor de Blasio, who hasn’t announced any intentions to make a run at the White House in 2016, is lecturing people in other states about income inequality throughout America. Democratic politicians have become delusional, disingenuous or just flat-out dishonest with their Pinocchio-like tale: That an increase in taxes on hedge funds and private-equity firms […]

Xiangqian Li the Chief Executive Officer of China BAK Battery Inc. (NASDAQ:CBAK) Sold 59,813 Shares of the Company

  China BAK Battery Inc. (NASDAQ:CBAK) 3.70 +0.07 1.93%‘s Chief Executive Officer Xiangqian Li sold 59,813 shares of the China-based company in sold via broker dated June 12, 2015. Xiangqian Li’s shares were sold at the avg market share price which was $3.7, for an aggregate sell of $223,193. And, It’s sure Xiangqian’s deal isn’t […]

Performance Of Sector-Specific vs. Generalist Buyout Funds

This month’s Private Equity Spotlight investigates the varying performance of sector-specific buyout funds and buyout funds that maintain a diversified approach to investments, covering: Returns offered by the private equity asset class are often a hot topic for discussion in the investment industry. With yields varying between fund types, sectors and managers, Jessica Duong investigates […]

Vietnamese enterprises too fragmented for global, regional economic integration: forum

  Vietnamese and foreign experts have been concerned that local enterprises may face numerous challenges when further integrating into the regional and international economy, with many trade deals with foreign partners already signed or about to be clinched, local media reported. The realization of those trade pacts can be considered a key moment for Vietnamese […]

Amazon, Alibaba help Indian SMEs go global

  Amazon, for instance, takes care of the infrastructure and shipping needs, and ensures the products meet the stricter regulations in selling in developed markets. Two months ago, Amazon offered the Pune-based seller an opportunity to list her products on the company’s US and UK sites. Now, Lokhande nets 30% of her sales from overseas. […]

China Biologic Announces Pricing of Public Offering of Common Stock

BEIJING, June 10, 2015 /PRNewswire/ — China Biologic Products, Inc. (NASDAQ: CBPO) (“China Biologic” or the “Company”), a leading plasma-based biopharmaceutical company in China, today announced the pricing of a follow-on offering of 3,000,000 shares of common stock at a public offering price of $105 per share. The Company will be offering 700,000 shares and […]

Asia’s marketers lacking confidence to move dollars where consumers are says Google CMO

  Marketers in Asian countries with the highest smartphone penetration and use in the world are still lacking the confidence to move more dollars away from traditional media to where their consumers are, the chief marketing officer of Google Asia Pacific said yesterday as the internet giant released the results from its annual Consumer Barometer report. The gap between where […]

Online marketplaces enable unprecedented global reach for SG’s SMEs

Trade between Singaporean businesses and consumers around the world via online marketplaces is experiencing solid growth on the back of a revitalised US dollar. Singapore’s retail exporters sell to an average 41 international markets – ranked 2nd in South East Asia behind Thailand and five destinations higher than US retail exporters. Retail exporters are defined […]

FDI declined by 50% in Q1

The country’s foreign direct investments (FDI), listed as some of the worst performing around the world, fell by more than 50 percent in the first three months to only $851 million, the Bangko Sentral ng Pilipi-nas (BSP) said on Wednesday. According to the BSP, FDI for the period, the kind encouraged by the government because they […]

Global Spotlight: France

  France is often discussed in the context of the European Union, which is in the midst of major overhauls of the business and finance community. While France is directly impacted by the array of new regulations in the works among EU authorities – including cross-border lending and payments regulation, bank industry overhauls and SME […]

Going global

  International trade is a key ingredient of fast growth, as IoD members know – 56 per cent export compared with a national average of 19 per cent for small and mid-sized firms. Santander helps SMEs to market their products and services abroad through its innovative Breakthrough programme. Here’s how… Small and mid-sized companies have […]

QDB dwells on SMEs role for economic growth

Qatar Development Bank (QDB) recently took part in the 11th annual international network of small and medium enterprises forum (INSME 2015) in Cape Town, South Africa.These meetings, which were hosted in South Africa for the first time, focused on the theme “Technology and Innovation for Inclusive Growth”, where they discussed ways to develop local institutions […]

TriLinc Global Impact Fund Makes Impact Investments in Africa and Latin America

TriLinc Global Impact Fund (“TriLinc” or the “Company”) announced today that it has recently approved $6.0 million in trade finance transactions to companies in South Africa, Zambia and Argentina. The transaction details are summarized below. TriLinc is an impact investing fund that provides growth-stage loans and trade finance to established small and medium enterprises (“SMEs”) […]

FTA a lifeline for troubled S.Korean SMEs

  The free trade agreement (FTA) between China and South Korea is expected to be implemented in late 2015 or early 2016. The agreement is China’s largest FTA so far, and is expected to stimulate economic growth in both countries, benefiting small and medium-sized enterprises (SMEs) in South Korea and offering opportunities for China to […]

Why Integration is Key in Merger Mania

  In January alone, deals totaled $232.9 billion, marking the busiest start to the year for M&A since 2011 (only twice has U.S.-based M&A activity gotten off to such a quick pace). With favorable market conditions, including cash on corporate balance sheets and private equity dry powder at record levels, record stock indices and improving […]

E-exporting: They’re Looking at Us. Is it SEO or Something We Said?

  Website visibility is critical to any online enterprise. It’s an absolute given, and this applies as much to local language export – e-export – websites as it does to any domiciled web presence you may have. Because, without that vital visibility any e-export website and associated marketing communications will almost certainly be rendered ineffective, […]

Consultant urges aggressive action

  Korean businesses facing a period of low growth need better strategies for restructuring to improve their performances, which requires a greater role for private equity firms, says Joseph H. Marshall, head of strategy, marketing and business development activities at Dallas-based AlixPartners. “Companies need to take advantage of the current low growth, utilizing cheap financing […]

China Hedge Funds Defy Commodity Slowdown With Trading Boom

Chinese hedge funds are helping drive a commodity-derivatives trading boom in the world’s biggest energy, grains and metals consumer that’s defying the worst economic growth in 25 years. Trading volumes across the Shanghai Futures Exchange, China’s biggest commodities bourse, surged 31 percent last year while activity on exchanges in Zhengzhou and Dalian grew by 29 […]

China’s huge trade surplus in decline

This is no time to get all worked up over China’s currency manipulation. To use it as an excuse to resist the Obama administration’s pro-trade posture is perverse. This opposition weakens America’s competitive position. All of Asia – the fastest growing part of the world economy – is watching the debate over the Trans-Pacific Partnership. […]

Which Stock Market Is Scarier: U.S. or China?

  It’s scary stock-market ratio day! Bloomberg’s Lu Wang and Jennifer Kaplan point out that economist James Tobin’s Q ratio — companies’ market value divided by the replacement cost of their assets — is higher for U.S. companies “than any time other than the Internet bubble and the 1929 peak.” Meanwhile, FT Alphaville tells of a Macquarie report […]

Asia’s debt addiction

Debt has become a cause for concern in every one of Asia’s biggest nations: one that has to be addressed before it metastasizes, spilling into the wider region and undermining the global economy. Of greatest concern is, of course, China. When the klaxons sounded in late 2008, many in the West looked wistfully east, to […]

Axis Bank to take sponsored ADR route

  Axis Bank has decided to take the sponsored route to issuing level 1 American Depository Receipts (ADRs), which will throw open the doors for US investors to pick up the bank’s shares without coming to India. The level 1 ADR lets an Indian company create an ADR from existing shares without going through the […]

Yes Bank Board Approves U.S. Listing

  The youngest private bank in India has received a go-ahead from its board to raise up to $1 billion via sale of American depository receipts or through a qualified institutional placement. The permission follows a proposal to raise investment by foreign investors to 74% of the bank’s paid-up share capital, from the existing 49%. […]

‘Good time to set up joint Russian-Chinese production projects’ – Chinese official

  On the sidelines of a Russian-Chinese forum titled “Big Opportunities for Small and Medium Business” that was held in Beijing, an RBTH correspondent interviewed Deputy Secretary-General of the China Overseas Development Association He Zhenwei about prospects for developing Russian-Chinese cooperation in this sector and obstacles that may hinder it. As far as Russian-Chinese business […]

As China tech M&A heats up, boutique advisers steal big banks’ thunder

  HONG KONG, April 29 (Reuters) – Boutique Chinese financial advisers are stealing a march on global investment banks as deals pick up speed in the country’s red-hot Internet industry, turning deep ties to entrepreneurs, venture capital and private equity firms into mounting fees. Small shops like China Renaissance, Hina Group and Kilometre Capital Management […]

Dismay as China prevents first SOE default

  Fund managers who applauded what they thought was the first default of a Chinese state-owned enterprise (SOE) were left dismayed by reports of a last-minute bailout. Fund managers such as Teresa Kong of Matthews Asia applauded the apparent default, saying it would help instil greater market discipline and better capital allocation in future. However, […]

Securitization helps fund Chinese SME lenders

  ET Net News Agency, 28 April 2015] Moody’s Investors Service said that securitization of small and medium-sized enterprise (SME) and micro loans (collectively, small loans) –a sector traditionally underserved by Chinese banks — is credit positive, because it will diversify funding channels to SME and micro enterprises and pave the way for internet finance providers to grow […]

At TPG, a Low-Profile Fund’s Diversity Thrives

SAN FRANCISCO — Since its inception, TPG has been best known for the leveraged buyouts of prominent companies including Continental Airlines, Neiman Marcus and a now-bankrupt Texas utility that was a big player in the energy sector. But perhaps the brightest spot in its ever-growing constellation of investment vehicles is a relatively low-profile fund that […]

The coming crash

“THIS is one of the most advanced and sustainable car factories in the world.” So declares Karsten Engel, chief executive of BMW China, as he greets visitors to his firm’s newish manufacturing facility in the grim north-eastern city of Shenyang. The plant, run by a joint venture with a local firm called Brilliance, is indeed […]

China, Russia Team Up On $200 Million Robotics Deal

  In a big move for Sino-Russian economic relations, the Skolkovo Foundation outside Moscow and China’s Cybernaut Investment Group have signed a $200 million agreement to create a joint Russian-Chinese business incubator, robotics center and venture fund. The 1,500-square-meter R&D center will be at the Skolkovo Center and will house at least 15 Skolkovo resident […]

Johnson Controls enters into strategic alliance with Zhejiang Jianke

Johnson Controls is forming a strategic alliance with Zhejiang Jianke Building Energy Conservation Technology Co., Ltd (Zhejiang Jianke) that will help the province of Zhejiang achieve its “green” goals and ensure the sustainable development of the province. Under the agreement, Johnson Controls, a global multi industrial company, will leverage its wide range of products and […]

APEC Members Urged To Enhance SME’s Role in Automotive Industry

  MANILA, PHIILPPINES – Member economies of the Asia-Pacific Economic Cooperation (APEC) must enhance the participation of small and medium enterprises (SMEs) in the automotive industry to spur regional growth, a Philippine trade official has said. In his keynote speech on Wednesday, Trade Assistant Secretary Ceferino S. Rodolfo said globalization makes a good driver of […]

Should SMEs bother about net neutrality?

You have heard of small start-ups like Facebook and Google making it big. The story usually goes like this, belief, passionate entrepreneurship and abracadabra, but none talks about the secret ingredients. Well one of these secret ingredients is a level-playing field. What this essentially means is that your neighbourhood tea seller could become the Prime […]

Third of insurers plan to increase portfolio risk

There’s growing pessimism among insurers about investment opportunities and an increasing interest in allocating to less liquid private assets, frequently with the assistance of third-party asset managers, according to the just-released Goldman Sachs Asset Management (GSAM) annual insurance survey. “Insurers are concentrating on finding new investment opportunities, which are sparse because yields still remain at […]

Silk Road Fund makes first investment

  The Silk Road Fund’s first overseas investment project is expected to demonstrate a new financing model that supports infrastructure construction and improves connectivity across the regions involved in the “Belt and Road Initiative”, experts said on Tuesday. The $40-billion (S$54 billion) Silk Road Fund, set up in December 2014, will inject capital in China […]

Fund managers predict more Chinese stimulus

  A larger-than-expected cut of 100 basis points in China’s reserve requirement ratio this weekend is just the latest in what will be a long stimulus drive, say fund managers. According to Craig Botham, emerging markets economist at Schroders, Chinese authorities are likely to make interest rate cuts this quarter and a further cut in […]

MICROCAPITAL BRIEF: International Finance Corporation (IFC) to Contribute $200m to IFC Financial Institutions Growth Fund (FIG Fund), Bringing Total Funding to $345m at First Close

The International Finance Corporation (IFC), a member of the US-based World Bank, recently announced that it will devote up to USD 200 million to the IFC Financial Institutions Growth Fund (FIG Fund), an investment vehicle that will make equity investments that aim to increase access to capital for small and medium-sized enterprises (SMEs) in developing […]

Citi’s top TS banker eyes SME support

  Naveed Sultan, global head of treasury and trade solutions (TTS) at Citi, explains the importance of developing SME and MME financing options, as the clout of transaction services to Citi’s business strategy grows. Citi made a strong statement about its commitment to the TTS business last year when CEO of institutional clients group (ICG) […]

People issues the biggest and most complex challenge facing Singapore SMEs

SMALL and medium-sized enterprises (SMEs) reportedly contribute to more than half of Singapore’s economic output and employ seven in 10 workers, so it is no wonder that this pillar of the economy has been receiving heightened attention from the government in recent times. Given their value and dynamism, human capital and management consultants Aon Hewitt […]

Private-equity investors are reaping the benefits that are currently being offered by African markets a done

As a crucial source of financing for SMEs, private equity (PE) fund managers can help develop a sound culture of corporate governance within an organisation, according to the African Private Equity and Venture Capital association (AVCA). This leads to more sustainable organisations in the long run. ‘Private equity in its simplest form is an investment in a company, which allows […]

SEC Charges Underwriter and Bankers in Connection with Offering by China-based Issuer

On May 20, 2015, the U.S. Securities and Exchange Commission (“SEC”) announced a $25 million settlement with Australian mining company BHP Billiton (the “Company”) to resolve Foreign Corrupt Practices Act (“FCPA”) charges arising from the Company’s sponsorship of the 2008 Summer Olympics. The allegations concern a hospitality program offered to hundreds of guests worldwide—most of […]