China Plans to Reshape Corp Bond Market

David Nealis President of Blue Bridge

China Plans to Reshape Corp Bond Market  

The Central Bank of China said that; The People’s Bank of China, The National Development and Reform Commission and the China Securities Regulatory Commission formed an “inter-ministry co-ordination mechanism” to reshape the country’s fragmented corporate bond market, according to the Central Bank of China the three ministerial level organizations have agreed to work together to speed up the development of a more streamlined Chinese corporate bond market place.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

China Stops N. Korean Deportations Over Rocket

David Nealis President of Blue Bridge

The article below along with the news of China's condemnation of North Korea in the UN, gives me hope that change will be coming to North Korea in the very near future. Let's hope for the people of North Korea that there will be postive changes soon.

China stops N.Korean deportations over rocket: report.

AFP

TOKYO — China has stopped sending fleeing North Koreans back across the border, in retaliation for Pyongyang failing to consult its ally over last week's rocket launch, a Japanese report said Wednesday.

The Yomiuri Shimbun quoted two Chinese officials as saying the long-standing policy of swiftly returning any North Korean who made it across the border and into China -- despite the punishment they face -- had been put on hold.

"If refugees are sent back, that's the end of their lives. We can't ignore it," one official in Liaoning province, which borders North Korea, told the paper, adding that deportations had been halted.

Another official said the move was because Pyongyang had not consulted its patron about the botched launch of a rocket which the hermit state said was carrying a satellite, but which the West condemned as a banned missile test.

"North Korea failed to disclose specific plans of the missile launch to the Chinese side," the second official, whose position and location were not given, told the Yomiuri, Japan's biggest-selling daily newspaper.

The suspension reflects Beijing's displeasure with its troublesome neighbour which "did not show the necessary attention to its friend China," the official said.

China arrests and repatriates fugitives from North Korea, considering them to be economic migrants rather than potential refugees.

South Korea and international rights groups have urged Beijing to change the policy, saying returnees can face harsh punishment.

Since the December death of Kim Jong-Il, father of North Korea's youthful new leader Kim Jong-Un, officials in the bordering provinces of Liaoning and Jilin were aware of "about 30 North Koreans every day" crossing into China, the Liaoning official said.

North Korea's launch -- which failed when the rocket disintegrated shortly after blastoff -- was carried out despite international pressure including from China.

In an apparently related measure ahead of the launch, China allowed five North Korean defectors to leave for South Korea after they spent months or years holed up in Seoul's Beijing embassy to avoid arrest, media reports from the South said.

Pyongyang on Tuesday rejected UN condemnation of its rocket launch and said it would no longer adhere to an agreement with the United States to freeze its nuclear and missile programmes.

Tens of thousands of North Koreans have fled poverty or repression in their impoverished homeland, almost all of them across the border to China.

Some hide out among -- or marry into -- the ethnic Korean community in China's northeast. Others try to travel on to Southeast Asian nations before flying to Seoul.

Singapore Plans 1st RMB Denominated Listing

 ARA Asset Management, which is partially owned by Li Ka-Shing’s Cheung Kong Holdings, is planning to be the first RMB denominated listing in Singapore. ARA is a manger of property trusts and they have hired Citigroup, DBS Group Holdings and Standard Chartered for the IPO. Li Ka-Shing is highly respected in Asia, for example his nick name is Superman, and it will be interesting to see the long term investment opportunity this brings. 

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China? 

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Myanmar devalues their currency to black market rates.

In a public state Myanmar officials stated that Myanmar’s central bank plans to set the official exchange rate for the Kyat (their local currency) at close to its black market level, another positive sign as the nation pushes ahead with economic reforms.

The change from 6.4 to 800 Kyat to the US Dollar might seem like a colossal slide in value, but in the open market the exchange has been 820 Kyat per US dollar. Now Myanmar’s government institutions and state owned enterprises can use the new official rate which are more inline with global market values.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Apple OKs ‘massage’ app in China

Apple offers an iPhone application for massage services in China.

The Dongguan Massage Guide debuted on Apple's online store in the middle of March 2012, guiding app users to massage services in parlors and beauty salons in this industrial city well known for its adult entertainment, also listing the details of the clubs and the services they provide. The app costs RMB30 (US$ 4.76) in China's Apple App Store and US$4.99 in the US store. Let’s hope it’s a happy ending for the application developers of this app.

Cambodia has opened a stock exchange!

Cambodia has opened a stock exchange!

  Though on its first day there were not any stocks traded, it’s a good step in the right direction for this Asian nation that has had a difficult road to economic stability and we should applaud them for it. 

Three state companies; The Phnom Penh Water Supply Authority (PPWSA), Telecom Cambodia and Sihanoukville Autonomous Port are preparing listings on the exchange. Several private companies, including Post Media, owners of The Phnom Penh Post have also signaled their intention to list on the exchange in the near future. 

I look forward to seeing them grow over the years and let’s hope in 10 years they are the next hot exchange to be trading on.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China? 

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Dim Sum in Dubai

Dim Sum in Dubai  

Dubai-based Emirates NBD, which is the largest bank in the United Arab Emirates, is issuing $119 million in Dim Sum Bonds. 

While the bank's issuance isn’t record breaking, it marks the first dim sum bond sale for the Gulf region and signals China's growing appetite for foreign investment.

In January, Chinese Premier Wen Jiabao visited the United Arab Emirates and signed a $5.5 billion currency swap deal to boost trade and investments between the two countries. And with Emirates NBD entrance into the dim sum bond market is a sign of China's effort to strengthen its economic and diplomatic ties with oil-rich Gulf countries.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial

The Hong Kong SFC waives licensing fees for two years

David Nealis President Blue Bridge

The Hong Kong SFC waives licensing fees for two years

The Securities and Futures Commission of Hong Kong as said it is waiving annual licensing fees for two years to lower regulatory costs for the industry.

 

The fee waiver will cover all 40,000 intermediaries, including companies, their representatives and officers that require licenses from the regulator, from April 1 2012.

"Market conditions have been difficult and the outlook is unclear," chief executive officer Ashley Alder said.

The fee waiver does not apply to new license applications and transfers.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

 

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Is the RMB going bigger than 100?

David Nealis

Is the RMB going bigger than 100?

China National Radio reported that Shandong Provincial Federations of Industry and Commerce Vice President Zong Licheng has suggested that the largest RMB note the 100 Yuan is too small of a denomination and suggested that the Chinese government introduce 500 and 1000 Yuan banknotes in the near future. VP Zong was a CPPCC delegate at the time of his suggestion.

I completely agree with VP Zong, the cost savings to the Central Government in reduced transportation costs, paper, and ink would be huge. I would also suggest that they move toward using more 1 Yuan coins eventually eliminating the paper 1 Yuan banknote.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

 Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

HKEx and Heilongjiang sign cooperation agreement

David Nealis President of Blue Bridge

HKEx and Heilongjiang sign cooperation agreement

Hong Kong Exchanges and Clearing Limited (HKEx) has signed a memorandum of understanding with China’s Heilongjiang’s Financial Affairs Office that will enable closer cooperation and exchange of information between HKEx and the Heilongjiang’s Financial Affairs Office.

The memorandum of understanding was signed by the HKex chief marketing Officer Lawrence Fok Kwong-man and Heilongjiang Office Director Shang Qingjun at the Heilongjiang- Hong Kong Economic and Trade Cooperation Seminar in Hong Kong.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Wenzhou gets approval for private investments abroad

David Nealis President of Blue Bridge

Wenzhou gets approval for private investments abroad The Chinese central government granted residents of the city of Wenzhou the ability to invest privately overseas and set up loan companies which is a landmark financial pilot project. Premier Wen Jiabao chaired a State Council executive meeting which chose Wenzhou, a coastal city in eastern Zhejiang province with a long tradition of entrepreneurship, to be a "pilot zone" for a series of financial reforms. The 12 major points of the move include developing privately-owned financial services, setting up village banks and rural financial cooperatives and encouraging lending by state-owned banks to smaller businesses.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition

Intel Capital looks to keep China investment rolling

David Nealis President of Blue Bridge

Intel Capital looks to keep China investment rolling
 US-based Intel Capital , the chipmaker Intel Corporation’s global-investment arm, revealed that it wants to invest in China in 2012 at the same rate it did last year. Intel invested some US$ 90million in China, it put in US$ 526million in 2011 for 158 international transactions, half outside the USA. Intel Capital’s second-largest investment destination in 2011 was China, accounting for 12% of its global investment. Intel entered China in 1998 and established two Intel Capital China Technology Funds with an overall capital of US$700 million.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

India's Suzlon to develop 800MW wind farms with CGN

David Nealis President of Blue Bridge

India's Suzlon to develop 800MW wind farms with CGN Suzlon Energy, the world's sixth largest wind turbine supplier based in India, has signed an agreement with China Guangdong Nuclear (CGN) to co-develop 800MW of wind farms over the next three years. The deal is expected to involve projects in China, India, Brazil and South Africa. Around 300MW of the agreed projects will be built in China. The collaboration between the Indian turbine maker and Chinese state-owned power company is the culmination of talks started last year as part of Suzlon’s strategy to boost orders from the Chinese market. China is the world’s largest wind power market.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China? 

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

China and Australia central banks ink currency-swap deal

China and Australia central banks ink currency-swap deal The central banks of China and Australia signed a RMB 200billion (US$31.74 billion) currency swap agreement for a preliminary three-year period which could extend with both sides’ consent. The deal is intended to help reinforce financial cooperation between Australia and China, as the nations boost bilateral trade , investment, and promote regional financial stability. Since the global financial crisis started, China has signed currency swap agreements worth RMBb1.5 trillion（US$ 237million）with 17 countries and regions to sustain its trade and investment with other economies.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

De Beers retail stores expand in China

De Beers retail stores expand in China The world's largest diamond miner by value De Beers has formed a JV with luxury conglomerate LVMH to open six or more retail stores in China this year. De Beers' retail venture opened its first outlet in mainland China last year as the group along the rest of the sector makes the most of Asia's enormous appetite for luxury. De Beers JV with LVMH will called De Beers Diamond Jewelers; De Beers is also refurbishing their flagship stores in London's luxury quarter and on New York's Fifth Avenue to attract wealthy Chinese buyers traveling abroad. 

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.