Real estate and stocks might still top the investments of China’s rich, alternative investments like art, jewelry, fine wine and watches are gaining ground, according to Rupert Hoogewerf, in a new report of the Hurun Rich list, released this week, writes the Global Times.
Category Archives: investments
Most wealthy Chinese have already bought themselves a foreign passport and properties, but now the higher middle-class is moving part of their assets abroad, tells WSJ wealth editor Wei Gu. And although Chinese restricts exporting capital abroad, Chinese find enough loopholes.
Foreign investors might be looking for their luck in China, Chinese investors increasingly invest abroad, where they often pick up shares from Chinese companies like Baidu, Tencent and China Mobile, firm they know from home and trust, tells WSJ editor Wei Gu.
Shanghai-based VC Marc van der Chijs has a brilliant idea. Why not use the many failed business ideas and technology of start-ups and create an online market of broken dreams? He has not the time to execute, he writes on his weblog, so he hopes somebody steals his idea.
The investment climate might be bearish, 360buy – China’s Amazon – is still making a loss, but picked up a US$ 300 million round of capital and saw its value skyrocket. Reuters’ Breaking News analyst Wei tells why this might go wrong for the company and its investors.
China’s GDP has depended largely on huge investments in infrastructure, rather than consumption. Economic analyst Arthur Kroeber argues in IBNLive that this policy is not longer possible, although ending it might be a tough call as the political transition asks for stability.
The economic boom in China of the past 30 years has Chinese investors made used to getting high returns on their investments, tells China Rich list founder Rupert Hoogewerf to the BBC.
“Yes, it felt weird,” summerizes Tudou-founder Marc van der Chijs the decision in March to merge with rival Youku, the numbers one and two on China’s competitive video hosting market. But it was the right way to go forward, he tells The Pandodaily.
Getting a business angle, an entrepreneur who provides your start-up with first capital, is hard enough in China, tells William Bao Bean of SingTel Innov8 in Tech in Asia. You should avoid especially the famous ones.