Thursday, June 21, 2012

Sales of China solar panels could slow down in 2013


David Nealis President of Blue Bridge

Sales of China solar panels could slow down in 2013
The US market for solar panels might double in 2012, but government policies, falling prices, and new tariffs on China-made panels exported to the United States could help slow down sales in 2013. According to a Solar Energy Industries Association and GTM Research study, developers might install some 3,300mw of solar panels in 2012, almost double that in 2011. With cheaper oil and gas prices might also slow the instilation of large solar projects.
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 Investment Corp cuts investments in Europe


China Investment Corp cuts investments in Europe
Seeing rising risks of a euro zone breakup, China Investment Corp (CIC), which is China's USD410bn sovereign wealth fund, has decided to cut its stock and bond investments in Europe. CIC Chairman Lou Jiwei cited low returns being unable to commensurate for the increased risk as the main reason for withdrawal. Additionally, Lou also said that China is unlikely to purchase common euro zone bonds should they eventually be sold as part of a resolution of the European debt crisis.


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.

US fund managers roll out US$ 2.5 billion China investments


David Nealis President of Blue Bridge

US fund managers roll out US$ 2.5 billion China investments
despite frightening economic headlines coming out of mainland China, US fund managers have invested US$ 2.5 billion in stocks this year in the world’s second biggest economy. Research firm EPFR Global reported that the outlay follows outflows of US$ 2.6 billion in 2011. Meanwhile, international equity funds bumped their stakes in China and Hong Kong to an average of 4.4% in Q1 2012, up from 4% the same period in 2011, Lipper Inc reported. The confidence stems in part from Beijing spurring growth by loosening bank reserve requirements and speeding up infrastructure projects approval.


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.

Shell: China shale drilling results are encouraging


Shell: China shale drilling results are encouraging
Royal Dutch Shell said that results of its early drilling for shale gas in China have been encouraging and the European  oil company expects to make a profit on its venture in China. Shell signed the first production-sharing contract to explore, develop and produce shale gas in China in March 2012. The deal calls for Shell to apply its technology, operational expertise, and global experience to jointly develop shale gas with state-owned China National Petroleum Corp over a 3,500-sq-km area in the Sichuan Basin.


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 seeks wide brokerage reforms


David Nealis
China seeks wide brokerage reforms
China is coming up with sweeping reforms of its brokerage system, hoping to empower their investment banks in the hope that it could eventually compete with investment banking and securities companies like Goldman Sachs and Morgan Stanley. According to a document released to securities firms earlier in May 2012, the China Securities Regulatory Commission wants to let domestic brokerages, which currently get most of their money from trading stocks and underwriting new securities, to expand into futures, derivatives, asset management, private banking and private equity.
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.

Yancoal becomes Australia's largest listed coal firm

David Nealis President of Blue Bridge

Yancoal becomes Australia's largest listed coal firm
Chinese state owned enterprise Yancoal Australia will soon become Australia's largest listed coal company after Gloucester Coal Ltd shareholders approved a merger. It is the biggest investment by a Chinese state-owned enterprise in Australia's coal industry, continuing a trend of state-backed firms seeking to improve China's resource security. Yancoal's parent company Yanzhou Coal, China's fourth largest coal miner will control 78% of the new entity while Singapore-based commodities giant Noble will hold 13% through its Gloucester holding, and Gloucester's remaining shareholders 9%.


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.

Wednesday, June 20, 2012

Citigroup introduces RMB letters of credit


Citigroup introduces RMB letters of credit
Citigroup Inc introduced RMB-denominated letters of credit for importers and exporters in Latin America, showing the US-based bank's eagerness to cash in on the current initiative to make renminbi a global currency. The new product allows traders in Latin America to work with partners in China to issue, receive, and settle RMB-denominated letters of credit. In 2011, trade between China and the region increased by 32.3% year on y earto reach US$ 236.6  billion, according to data from the IMF. 



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 Huadian constructs thermal power plant in Bali



David Nealis in Bali

China Huadian constructs thermal power plant in Bali
China Huadian Corp, one of China’s five largest state-owned power generation enterprises , started construction of a thermal power plant in Bali, Indonesia. The new facility will be the fourth power facility that China Huadian has built in Indonesia. The thermal power plant is designed to power three 142MW generators and is expected to go into operation in 2014. No details of the deal have been disclosed, but a company official said the launch of the thermal power plant will support electricity supply to accelerate tourism development for the Bali Island.



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.

GCL inks deal to develop 1GW solar plants

GCL inks deal to develop 1GW solar plants
China-based GCL-Poly Energy Holdings Ltd and Spain's Isofotón SA have signed a MoU under which they plan to develop 1GW worth of solar plants across the globe. The companies said they will form a JV to manufacture solar trackers for the plants, which are expected to comprise both photovoltaic and high concentrating photovoltaic technology. While China-based GCL has said it will undertake project financing and EPC services, Isofotón will reportedly supply the modules, in addition to buying "all the wafers and a portion of the cells" needed for the plants.




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.

GreatPoint to build US$1.25 billion gas plant in China

David Nealis President of Blue Bridge
GreatPoint to build US$1.25 billion gas plant in China
US-based alternative energy start-up GreatPoint Energy has signed an US$ 1.25 billion deal with China Wanxiang Holdings, an industrial conglomerate, to build a plant in Western China that will convert coal into synthetic natural gas. Wanxiang will take an US$ 420 million minority stake in GreatPoint, one of the largest investments by a Chinese company in an American firm financed by venture capital, according to Ernst & Young. GreatPoint was founded in 2005 to develop a low cost way to convert coal into cleaner burning gas. Prior to the Wanxiang deal, the company raised about US$ 155 million in capital from investment firms and power companies.



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.

Rio Tinto researching diamond demand in China



Rio Tinto researching diamond demand in China
Resources giant Rio Tinto has commissioned global market research company Ipsos to research the demand for diamond jewelry in China. The research aimed at understanding consumer perceptions in China around jewelry comprising small, affordable diamonds, referred to as fashion jewelry. The research confirmed a growing trend towards diamond fashion jewelry in China and challenged the conventional wisdom that Chinese consumers only appreciate large, high quality, white diamonds or gold jewelry. According to PLDG Creative Intelligence, an independent global jewelry trend and forecasting company, this trend in China is consistent with other key jewelry markets.

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.

Nestlé to build dairy farm in Inner Mongolia


Nestlé to build dairy farm in Inner Mongolia
Switzerland-based F&B conglomerate Nestlé signed a deal with a local county government in northern China's Inner Mongolia autonomous region to construct a new dairy farm. The Old Barag Banner government confirmed that it signed a MoU with Nestlé for a 2,000-cow dairy farm to be built in the county near the Hulunbuir grasslands, where Nestlé put up a dairy plant in Ergun Banner in 2007.The new Nestlé dairy farm is scheduled to start construction by the end of 2013.
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.