Heated arguments still rage on the effect of the recent downturn of China´s stock markets. And while the government dealt badly with the financial markets, the effect on China´s economy will be limited, writes economist Arthur Kroeber in ChinaFile.
Category Archives: investments
A slower economic growth and dropping stock markets is not stopping the growth of superrich, says Rupert Hoogewerf, the founder of the Hurun China Rich List, in the Korea Herald. He expects a record high of 450 Chinese dollar billionaires, up 26% from last year.
The recent downturn in the stock market and the government restrictions on money capital transfers might hit transfers in China´s football leagues, says financial analyst Victor Shih to Associated Press. “It is a general problem for wealthy people in China who are major shareholders in companies,”
Are you still looking for ways to monetize quality content? Watch China, says managing director William Bao Bean of the ChinaAccelerator in Analyse Asia. Mobile applications in China are on average 2 to 3 years ahead of the US, he tells. Mobile commerce 3.0 is highly social, very competitive and does away with the classic ways of making money through advertising. China can focus on mobile innovation, because it has a home-base of 700 million mobile users.
Innovation, and its related funding, did get a solid footprint in China over the past few years, making even startups in Silicon Valley jealous. And we can expect more, tells William Bao Bean, managing director of China´s largest incubator ChinaAccelerator, in the New York Times.
Many analysts have been looking at the government for a solution of the dropping stock markets in China. But accounting professor Paul Gillis says investors – including the foreigners – should have a look at their own “irrational exuberance”, he tells CNBC.
The Hurun Report analyzed eight major trends of Chinese investors into the UK. Its founder, Rupert Hoogewerf focuses on private investments, who dominate China´s outbound investments. Here´s Hoogewerf´s list of leading Chinese companies, for 4Hoteliers.
Despite a short correction, Shanghai´s shares are still on record heights, writes WSJ wealth editor Wei Gu in Marketplace. But those records in wealth have not boosted consumption, as investors tend to wait and see what the market is doing.
First rich Chinese send their children. Then they invest in real estate. And then other investments and jobs for the locals follow. China Rich List founder Rupert Hoogewerf was the first to discover that trend, and his latest Hurun report shows the UK has been in 2015 a key winner of job creation, led by Huawei, he tells Xinhua.