Endangered Wildlife Restaurants in China Feel the Heat

In China 6 people have been help by police after raids on restaurants serving endangered wildlife

Police in Jiangcheng County which is located close to the Chinese border with Vietnam and Laos raided several restaurants after videos appeared online of customers eating endangered wildlife at them.

The restaurant’s menus included macaque, jackal, Muntjac deer and porcupine as well as other animals.

The raid rescued 22 animals and confiscated 117 kilograms of meat and related products

In China it is a crime to trade or kill endangered wildlife anyone found guilty of this crime faces up to 5 years in prison, but oddly it is not a crime to eat them.

It was also noted that 9 local officials including the county level Forestry Police Chief have been suspended from their posts. 

Fonterra to invest US$ 615 Million in China JV

Fonterra to invest US$ 615 Million in China JV

New Zealand's Fonterra Cooperative Group is investing approximately US$ 615 million to form a JV with China's Beingmate, an infant formula manufacturer, The JV will produce milk products for the domestic Chinese market. The JV, which will be 51% owned by Beingmate and 49% by Fonterra, will also distribute Fonterra's Anmum brand products in China. In turn Fonterra plans to buy up to 20% stake in Beingmate.

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

Maersk enters the Shanghai FTZ with two other shipping firms

Maersk enters the Shanghai FTZ with two other shipping firms

The shipping management office of Shanghai Pudong New District in the Free Trade Zone stated that three wholly foreign-owned ship management companies have set up operations in the Free Trade Zone in its first year of operation.

The ship management companies, which include a firm under international shipping giant Maersk, are seen as early success of Shanghai's goal of boosting shipping business in the FTZ. Six other non-Chinese ship management companies have applied to set up in the zone and are expected to start operations in the near future. 

China issues US$ 3.57 billion in Treasury Bonds this August

China issues US$ 3.57 billion in Treasury Bonds this August

The Chinese Ministry of Finance announced that the country has issued RMB 22 billion (US$3.57 billion) in one-year book-entry treasury bonds. Interest rate for the bonds will be fixed at 3.82% after competitive tendering and interest calculation begins on August 14th, the statement said. The bonds will be sold on the interbank market until August 18^th and will become trade-able on the secondary market on August 20th. Both the interest and the principal will be paid upon maturity on August 14th 2015. This is the ministry's 18th issuance of book-entry treasury bonds this year.

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

Sinopec gets Malaysian Oil Refinery Project

Sinopec gets Malaysian Oil Refinery Project

China's Sinopec Engineering Group was awarded a Malaysian oil refinery contract worth US$1.33 billion.

Malaysia's oil conglomerate Petronas announced on 12 August 2014 that they have award a contract to Sinopec Engineering to construct an oil refinery in the Pengerang region of the Malaysian state of Johor.

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

Citigroup and Mercuria fight over US$270 million in missing metals from Chinese ports.

Citigroup and Mercuria fight over US$270 million in missing metals from Chinese ports.

David Nealis President of Ceres Ltd with aluminum

Citigroup Inc and Mercuria Energy Group of Switzerland are fighting over payments related to metal backed financing deals in China worth more than US$270 million in a London court.

Citigroup is calling for an early settlement from Mercuria to pay for the sales of metal kept at the ports of Penglai and Qingdao which have gone missing from the warehouses they were being stored in.

These ports are currently under official investigation by the Chinese government and the metal assets being stored at them have been frozen until the investigation is finalized. Hundreds of millions of US dollars have been loaned out to commodities traders in China with iron ore, copper, and aluminum used as collateral, yet very little of the metal can be found in the warehouse. To add to the chaos it is believed that the metal was utilized as collateral in multiple loans at multiple banks.

You would think with that much money at stake, that someone would have been keeping an eye of things. 

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 National Petroleum Corp and Athabasca Oil Corp of Canada close to deal

Chinese state owned energy giant China National Petroleum Corp and Canada's Athabasca Oil Corp announced on July 30^th that they expect to close a US$1.23 billion contract for an  oil-sands operation in Alberta Canada according to PetroChina spokesperson

Mao Zefeng, while an Athabasca representative also stated that the Canadian firm is closely cooperating with CNPC officials to close the deal.

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’s State Grid pays US$ 2.8 billion for stake in Italy's CDP

China’s State Grid pays US$ 2.8 billion for stake in Italy's CDP

The State Grid Corporation of China (SGCC), the world's largest utility company by revenue and a state owned enterprise, bought a 35% stake in Italian energy grid unit Cassa Depositi e Prestiti (CDP) Reti for EUR 2.1billon (US$2.8billion), in one of the biggest investments in Italy by a Chinese company ever.

David Nealis President of Ceres Ltd

The stake in the deal will be sold to State Grid International Development Ltd (SGID), a wholly-owned subsidiary of SGCC. CDP Reti is wholly owned by CDP, a state holding company. SGCC invests, builds and operates a grid that covers over 88% of China's territory, serving over 1.1 billion people.

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

Chinese Grain Capacity Piles High

At a recent conference in Hangzhou City in Zhejiang Province China , Ren Zhengxio Director of the State Administration  of Grain said that in 2013 China had roughly 19,000 grain storage firms with total capacity over 300 million tons.

China has built a national grain storage network based on four logistical hubs in Liaoning Province in North East China, Guangdong Province in South East China, Zhejiang Province in Eastern China and in Shanghai China’s financial and shipping hub.

Director Ren noted that China’s grain storage network has upgraded over the years with 78% of the granaries utilizing mechanical ventilation and 57% monitored by computer systems.  He emphasized that China has its own grain storage system and that China is pursuing self-sufficiency to ensure food security.

Since 1949 (the year the People’s Republic of China was established) their grain stock capacity has increased dramatically and they will keep developing their capacity to meet market demand.

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

The China-Africa Development Fund seeks to raise US$2Billion in 2014

The China-Africa Development Fund seeks to raise US$2Billion in 2014

Ceres President David Nealis

The China-Africa Development Fund, China’s largest fund concentrated on African investments, is hoping to raise US$2 billion in 2014 to improve Africa’s agricultural and steel industries and boost Africa’s industrial development, according to Chinese State media. Fund President Chi Jianxin stated that China has been searching for alternative ways to invest in Africa rather than by only investing in infrastructure projects.

Ceres Junior Associate Demetrius Jones

Ceres Junior Associate Demetrius Jones stated; It comes as no surprise the rising superpower has explored other ways to diversify its interest and investment as China has been relentlessly criticized for lack of social and civic accountability in Africa. Developing healthcare systems, strengthening militaries and fostering educational exchange have all been targeted as primary areas China is reexamining its role in Africa for 2014 and beyond. 

To Trade Global and Chinese Futures Contact Us: info@ceres888.com

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 to open high-speed rail line to North Korean border

Ceres Broker- Trader Jane Yang in Dandong

China to open high-speed rail line to North Korean border

Chinese state media has reported that China will open a high-speed rail line to the North Korean border which should be completed in the latter half of 2014. The high-speed rail line has been under construction since 2010,

it should boost regional growth because  roughly 80% of China- North Korean trade passes through the city of Dandong.

The completion of the high speed rail will reduce the time between the industrial city of Shenyang and the border city of Dandong from three and a half hours to just one hour.

Ceres Ltd Broker- Trade JaneYang who spent six years in Dandong, believes that the link will be a big boost to the Dandong economy and could help boost cross border trade – If North Korea permits it.

David Nealis Ceres President in Dandong

I believe this is a good sign that China will continue to develop its economic ties with North Korea, and adds fuel to my theory that within a hundred years North Korea will become a part of China.

To Trade Global and Chinese Futures Contact Us: info@ceres888.com

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

DBS and BEA open branches in the FTZ

DBS and BEA open branches in the FTZ

On January 7th Singaporean DBS Bank and Hong Kong-based Bank of East Asia were two of the first foreign banks to officially open sub-branches in the Shanghai free-trade zone.

 Another six foreign banks have received approval from the China Banking Regulatory Commission and are preparing to open branches in the FTZ. So far the other six are HSBC, Citi, Deutsche Bank, Hang Seng Bank, ANZ, and United Overseas Bank.

The China Banking Regulatory Commission granted DBS Bank (China) the license on 31 December 2013. The bank is one of the very first financial groups and so far one of only two foreign banks, which has been granted approval to set up a sub-branch in the Shanghai FTZ. "The commencement of business by the DBS China FTZ sub-branch will help us seize new opportunities ahead, providing Asian connectivity to clients from the sub-branch," said DBS Bank (China) CEO Neil Ge.

To Trade Global and Chinese Futures Contact Us: info@ceres888.com

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

Rolls Royce’s largest market is China

Famed British auto maker Rolls Royce Motors Cars Ltd.’s largest market is China

Last year Rolls Royce’s China market sales made up 28% of the company’s total global sales, making it the largest market for the auto maker. Rolls Royce CEO Torsten Mueller-Oetvoes said that the car company

delivered 3,630 units to customers in about 40 countries in 2013.

This was the fourth straight record year of sales for Rolls-Royce as the auto maker tries to fulfil historically high demand for its vehicles. Let’s hope they are able to keep up the growth while maintaining that legendary quality. 

To Trade Global and Chinese Futures Contact Us: info@ceres888.com

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

Shaanxi Coal thaws China’s fridge IPO market

David Nealis President of Ceres Ltd

Shaanxi Coal plans US$1.62 billion IPO on Shanghai Exchange

China's third largest coal producer; Shaanxi Coal Industry Co., has announced that  it plans to list on the Shanghai Stock Exchange with the aim of raising RMB9.8 billion(US$1.62  billion).

This would be the country’s largest IPO since late 2011 and what many hope is a  sign that the IPO market in China is coming out of its deep freeze.

Shaanxi Coal plans to issue up to 10 billion shares 10% of its expanded capital base after the IPO. The deal is among 11 already approved by the China Securities Regulatory Commission (CSRC).  A spokesman from Shaanxi Coal said the proceeds from the deal will be used to boost its coal reserves, increase production and construct new coal transport facilities.

To Trade Global and Chinese Futures Contact Us: info@ceres888.com

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

Chinese firm GF Financial earns open-outcry access at LME

Chinese firm GF Financial earns open-outcry access at LME 

GF Financial will become the first Chinese-owned firm to conduct business in the London Metal Exchange's

GF Futures HK Executive Director Emily Yip, Ceres President David Nealis and GF Futures China VP Mansheng Lu

open-outcry trading pit. GF Financial is a division of GF Securities, one of China's leading brokers, and has been granted Category 1 membership to the LME, making it one of 11 members to have access to the open-outcry floor, now let’s hope the HKex keeps the floor open.

To Trade Global and Chinese Futures Contact Us; info@ceres888.com

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

Singapore’s DBS Bank to start operating in Shanghai FTZ

Singapore’s DBS Bank to start operating in Shanghai FTZ

Singapore’s DBS Bank (China), has said that it has been granted approval for a sub-branch in the Shanghai Free Trade Zone and it will begin operations in the very near future.

David Nealis President of Ceres Ltd

 The China Banking Regulatory Commission granted DBS Bank (China) the license on 31 December 2013. The bank is one of the very first financial groups and so far one of only two foreign banks,  that has been granted approval to set up a sub-branch in the Shanghai FTZ. "The commencement of business by the DBS China FTZ sub-branch will help us seize new opportunities ahead, providing Asian connectivity to clients from the sub-branch," said DBS Bank (China) CEO Neil Ge.

To Trade Global and Chinese Futures Contact Us; info@ceres888.com

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

Yunnan bank offers direct Yuan-Baht exchange

Yunnan bank offers direct Yuan-Baht exchange

Fudian Bank which is a major commercial bank in Yunnan Province China has begun to offer direct currency exchanges between the Chinese Yuan and the Thai Baht. Tourism agencies have said that the demand for Thai Baht has dramatically increased recently. Each citizen will be allowed to trade US$ 50 000 worth of Yuan annually, and it is hoped that the move will stimulate tourism between Yunnan Province and Thailand. Since 2011 Fudian Bank has offered a direct exchange between the Chinese Yuan and Lao currency the Kip, and it is planning for similar arrangements with currencies from Vietnam, Myanmar and Cambodia. 

To Trade Global and Chinese Futures Contact Us; info@ceres888.com

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