President Trump, “I Should Have Left UCLA Players in Chinese Jail”

President Trump, “I Should Have Left UCLA Players in Chinese Jail”

President Trump, “I Should Have Left UCLA Players in Chinese Jail” President Donald Trump says he should have left the 3 Black UCLA basketball players accused of shoplifting in China in jail. President Trump’s Tweet Sunday comes after the father of player LiAngelo Ball aka Big Baller, minimized President Trump’s involvement in winning the players’ […]

NEEQ: China Stock Markets are Expanding

NEEQ: China Stock Markets are Expanding

NEEQ: China Stock Markets are Expanding A total of 30 new small and medium-sized enterprises debuted on China’s National Equities Exchange and Quotations (NEEQ), also known as the “new third board,” in the past week. The newcomers brought the total number of companies on the board to 11,649, data from the NEEQ showed. Turnover on […]

China’s $38-T Off-Balance Sheet Items Poses Little Risk

China’s $38-T Off-Balance Sheet Items Poses Little Risk

China’s $38-T Off-Balance Sheet Items Poses Little Risk $CNY, $UBS, $MCO The Chinese finance sector’s RMB 253-T ($38-T) of off-balance sheet items pose little risk because more than two-thirds of them are relatively harmless components such as custodial funds and untapped credit-card limits, said UBS Group AG (NYSE:UBS). Despite the size of the number, a […]

President Trump Showcased America as Strong, Proud and Confident

President Trump Showcased America as Strong, Proud and Confident

President Trump Showcased America as Strong, Proud and Confident President Donald Trump said Wednesday that his 12-day trip to Asia showcased “a strong, proud and confident America” to the World. “Everywhere we went, our foreign hosts greeted the American delegation and myself included with incredible warmth and hospitality and most importantly respect,” President Trump told […]

China Sending Special Envoy to NKorea

China Sending Special Envoy to NKorea

China Sending Special Envoy to NKorea China sending special envoy to NKorea, state media said Wednesday, after US President Donald Trump concluded an Asian tour to rally support against Pyongyang’s nuclear threats. President Xi Jinping’s special envoy, Song Tao, is going to NKorea Friday to discuss the Chinese Communist Party’s congress, which took place last […]

China: e-Commerce Boom Highlights Strong Consumption

China: e-Commerce Boom Highlights Strong Consumption

China: e-Commerce Boom Highlights Strong Consumption $BABA November 11 shopping spree is a commercial miracle for the world The record sales at major Chinese e-Commerce sites Saturday offer an insight into the robust domestic demand in the world’s 2nd-largest economy. November 11 has become an online shopping spree since Y 2009 when Alibaba’s Tmall made […]

The Donald Trump-Xi Jinping Engagement Will Benefit All Parties

The Donald Trump-Xi Jinping Engagement Will Benefit All Parties

The Donald Trump-Xi Jinping Engagement Will Benefit All Parties $BA, $F, $SOYB The lucrative deals are predictable results, as the 2 nations engage in cooperation. The high-profile engagement between Chinese President Xi Jinping and his US counterpart Donald Trump last Thursday has captured the spotlight globally. Experts said their meeting has borne remarkable fruit, and […]

President Trump, “… the US will not be taken advantages of on trade.”

President Trump, “… the US will not be taken advantages of on trade.”

President Trump, “… the US will not be taken advantages of on trade.” Friday, President Donald Trump warned that the US would no longer “turn a blind eye” to trade abuses. “From this day forward we will compete on a fair and equal basis,” President Trump told a gathering of CEOs on the sidelines of […]

Chinese, US Companies Sign $250-B+ in Business Deals

Chinese, US Companies Sign $250-B+ in Business Deals

Chinese, US Companies Sign $250-B+ in Business Deals $BA, $F, $LNG, $SOYB Chinese and US companies signed deals worth more than $250-B during President Donald Trump’s state visit to China. Thursday, Chinese President Xi Jinping revealed the figure after he and President Trump witnessed the signing of the agreements. China and the United States have […]

Trump’s Granddaughter Arabella Enchants China With Mandarin Song

Trump’s Granddaughter Arabella Enchants China With Mandarin Song

Trump’s Granddaughter Arabella Enchants China With Mandarin Song This is Terrific, Good on Ivanka, Jared and Arabella! President Donald Trump’s granddaughter Arabella Kushner sings in Mandarin. (CGTN/YouTube) President Trump showed Chinese President Xi Jinping a video of his granddaughter in a Chinese-style dress singing a song in Mandarin and reciting a poem, which she dedicated […]

The US was the ‘1st Victim of Globalization’

The US was the ‘1st Victim of Globalization’

The US was the ‘1st Victim of Globalization’ Philippine President Rodrigo Duterte says the United States is the 1st victim of “globalization” and that is why President Donald Trump is pushing back with an “America First” stance. President Duterte made the comments at a business conference on the sidelines of a regional summit. He said […]

US-China Tie-up at “New Historic Starting Point”

US-China Tie-up at “New Historic Starting Point”

US-China Tie-up at “New Historic Starting Point” Chinese President Xi Jinping said Thursday the Sino-US relations are “at a new historic starting point.” “China is willing to work together with the United States to respect each other, stick to mutual benefit and reciprocity, focus on cooperation, and manage and control differences,” President Xi said during […]

US Soybean Export Council Optimistic about China-US Relationship

US Soybean Export Council Optimistic about China-US Relationship

US Soybean Export Council Optimistic about China-US Relationship $SOYB, $USD, $CNY The US Soybean industry is very optimistic about the future relationship with the Chinese soybean processing and utilization industries. “We expect China’s economy to grow, consumers’ income to increase and urbanization to expand,” Paul Burke, North Asia regional director of US Soybean Export Council […]

President Donald Trump Starts Official State Visit to China

President Donald Trump Starts Official State Visit to China

President Donald Trump Starts Official State Visit to China US President Donald Trump arrived in Beijing Wednesday afternoon, starting his state visit to China. The 3-day trip is Trump’s 1st visit to the country since he assumed the Presidency on 20 January. He is the 1st head of state to visit China since the landmark […]

China to Open Up Financial Markets with Tougher Regulations

China to Open Up Financial Markets with Tougher Regulations

China to Open Up Financial Markets with Tougher Regulations China’s central bank (PBOC) Governor Zhou Xiaochuan, 69 anni, says that the country’s financial system is becoming significantly more vulnerable due to high leverage. Zhou who has made some stern warnings recently about debt levels in the world’s 2nd-largest, soon to be the world largest economy. […]

$5-B China Investment Fund Coming to Buy US Manufacturers

$5-B China Investment Fund Coming to Buy US Manufacturers

$5-B China Investment Fund Coming to Buy US Manufacturers $GS Goldman Sachs (NYSE:GS) partners with sovereign fund China Investment Corp. (CIC) to jointly launch an up to $5-B fund to invest in US manufacturers. CIC is 1 of the world’s largest sovereign wealth funds The details of the fund will be announced Thursday as part […]

Qiaomengyuan the Dream Incubator for Overseas Chinese

Qiaomengyuan the Dream Incubator for Overseas Chinese

As the most renowned homeland of overseas Chinese, Jiangmen has worked to create an innovative industrial cluster known as “Qiaomengyuan” (the Dream Incubator for Overseas Chinese), set up a 2-billion-yuan start-up and innovation development fund and build a transportation hub for the west bank of the Pearl River. According to the People’s Government of Jiangmen […]

Bitcoin, What’s Ahead for the Raging Cryptocurrency

Bitcoin, What’s Ahead for the Raging Cryptocurrency

Bitcoin, What’s Ahead for the Raging Cryptocurrency $BTCUSD, $MSFT, $JPM, $GS, $TM, $CME, $CBOE Bitcoin’s amazing rise YTD has attracted lots of attention, but most institutional investors are still on the sidelines, as regulators have yet to issue comprehensive rules, and corporations are still only testing blockchain technology. Whether Bitcoin matures or crashes will depend […]

NKorea says, No Negotiations, as President Trump Wings to Asia

NKorea says, No Negotiations, as President Trump Wings to Asia

NKorea says, No Negotiations, as President Trump Wings to Asia Saturday, NKorea ruled out talks and threatened to increase its nuclear arsenal in a fresh warning to Donald Trump’s administration, as the President Trump set off on a 10 day tour of Asia. Tensions over NKorea’s nuclear and missile threats looming large, as President is […]

The Trump Rally is Almost 1 Year Old

The Trump Rally is Almost 1 Year Old

The Trump Rally is Almost 1 Year Old $DIA, $SPY, $QQQ, $VXX, $AAPL Friday, the US major stock market indexes finished the longest string of weekly gainers since Y 2013 as Apple Inc. (NASDAQ:AAPL) results and strong services sector data added to the continuing and growing optimism in the economy. US Dollar (.DXY) index rose, […]

President Trump Traveling to Asia for Key State Visits

President Trump Traveling to Asia for Key State Visits

President Trump Traveling to Asia for Key State Visits US President Donald Trump travel to Hawaii’s Pearl Harbor Friday before embarking on a Presidential trip to Asia. In Asia, President Trump will address security and trade concerns in Japan, South Korea, China, Vietnam, and the Philippines. Between the US, SKorea, and Japan, the NKorean missile threat […]

China Plays a Role in the Gold Markets, How Important?

China Plays a Role in the Gold Markets, How Important?

China Plays a Role in the Gold Market, How Important? $GLD, $USDCNY China has been accumulating Gold over the past 10 years, and it is also the largest producer of Gold in the world and perhaps the world’s biggest consumers of the precious Yellow metal. The World Gold Council’s (WGC) data for Q-2 Y 2017, says […]

World Stocks Headed to the 12th Month of Gainers

World Stocks Headed to the 12th Month of Gainers

World Stocks Headed to the 12th Month of Gainers $BP, $RYAAY, $BNPQY World stocks headed for a record 12th month of gains Tuesday, as a 5.5 month high in European stocks and records elsewhere underscored one of the most robust Bull markets in history. Europe’s latest rally came as figures from the once-fragile Eurozone showed […]

China Economic Update

China Economic Update

China’s manufacturing sector expanded at a slower but stable pace in October, according to official data Tuesday. The manufacturing purchasing managers’ index (PMI) came in at 51.6, moderating from 52.4 in September and 51.7 in August, according to the National Bureau of Statistics. A reading above 50 indicates expansion, while below reflects contraction. NBS statistician […]

Alibaba Group Holding Ltd (NYSE:BABA) HEFFX Highlights

Alibaba Group Holding Ltd (NYSE:BABA) HEFFX Highlights

Alibaba Group Holding Ltd (NYSE:BABA) HEFFX Highlights Alibaba’s Jack Ma appeared in Delhi. “We will invest more in India,” he declared. The following year Alibaba put $500m into Paytm, an Indian digital-payments company. This year it led a fundraising round for Paytm’s e-commerce arm. The two giants seem set for an epic clash in India. […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing New. PE DJIA at 23400.86, +0.31% stable above 23250, and will attempt a rise to 23750, longer term, 23750-24000  could be an immediate top for DJIA, but maybe not. Do not call  tops. DAX at 13133.28, +1.39% breaking above 13100, possibly inviting The Bulls to take […]

Asia Billionaires Overtake US for 1st Time, Led by Chinese

Asia Billionaires Overtake US for 1st Time, Led by Chinese

Asia Billionaires Overtake US for 1st Time, Led by Chinese Asia leads the world with billionaires, China leads the Asians Peer networks are playing an increasingly important role for billionaires when it comes to making, spending and giving away money Billionaire wealth increased 17% to $6-T in Y 2016, after a decline the prioryear, UBS […]

Singapore Will Not Regulate Cryptocurrency

Singapore Will Not Regulate Cryptocurrency

Singapore Will Not Regulate Cryptocurrency $BTCUSD Singapore does not plan to regulate cryptocurrencies such as Bitcoin, but will remain alert to money laundering and other potential risks stemming from their use, the head of the country’s central bank said. “As of now I see no basis for wanting to regulate cryptocurrencies,” Monetary Authority of Singapore […]

The DreamEast Festival of Creativity

The DreamEast Festival of Creativity

The DreamEast Festival of Creativity, hosted by the DreamEast Group and with the support of the Communication University of China, was formally launched on October 25th and will continue until November 25th. During the festival, DreamEast plans to collect the most creative proposals while seeking to recruit the world’s most creative talents, with the goal […]

The Travel Industry is Booming

The Travel Industry is Booming

The Travel Industry is Booming The International Air Transport Association (IATA) said Tuesday it expects 7.8 billion passengers to travel in 2036, a near doubling of the 4 billion air travelers expected to fly this year. The prediction is based on a 3.6 percent average compound annual growth rate noted in the release of the […]

China Makes a Move on the USD

China Makes a Move on the USD

China is set to roll out a yuan-denominated oil contract as early as this year. Analysts call the plan, announced by Beijing in September, a huge move against the dollar’s global dominance. The so-called petro-yuan is a “wake up call” for investors who haven’t paid attention to the Chinese plans, according to the head of […]

Investing in China After the CPC

Investing in China After the CPC

Investing in China After the CPC Investors in China including HEFFX paid close attention to the 19th National Congress to help guide them in to what will become the hot areas of the Chinese Economy. For those of us looking to gauge the growth trajectory of China’s economy over the next five years, meaningful hints […]

China Expects to Achieve Annual Economic Growth Target

China Expects to Achieve Annual Economic Growth Target

China Expects to Achieve Annual Economic Growth Target China’s economy is expected to attain or surpass the government’s annual growth target of around 6.5% this year, a chief economic planner said Saturday. “The growth target of around 6.5% is expected to be fulfilled successfully, and it is possible to achieve even better results,” said He […]

China Life Insurance Co Ltd (HKG:2628) Target $40

China Life Insurance Co Ltd (HKG:2628) Target $40

China Life Insurance Co Ltd (HKG:2628) Target $40 This is one worth buying in Hong Kong. China Life, the country’s biggest life insurer, estimates that its net profits for the first three quarters will surge by 95 percent due to increased investment return. Preliminary calculations show that the company’s profits during the January-September period reached […]

China Has a Political Advantage for Growth

China Has a Political Advantage for Growth

Some Western countries have been doubting China’s political system, especially the Communist Party of China (CPC)’s status as the only ruling party, despite the country’s success in hosting the Beijing Olympic Games, developing into the world’s second largest economy and becoming a leading innovator in mobile technology. It is a ruling party’s ability to make […]

Samsung Electronics Invests in China AI Tech

Samsung Electronics Invests in China AI Tech

Samsung Electronics has invested in a Chinese artificial intelligence technology developer as part of its efforts to catch up in the intensifying global race for AI platforms and devices, according to sources Sunday. In August, Samsung made a significant investment in DeePhi Tech, a Tsinghua-based startup with deep learning technologies, a source told The Korea […]

China is a Growth Story

China is a Growth Story

Investor confidence in China’s securities market remains strong, data from the China Securities Investor Protection Fund Corp. (SIPF) showed. The investor confidence index compiled by the SIPF came in at 58.1 in September, retreating 0.9 percent from August’s high. On a yearly basis, the index still marked a 15.5-percent rise. Readings above 50 signal investor […]

China Real Estate News

China Real Estate News

China’s property market is expected to continue stabilizing in the fourth quarter of this year, a senior official said Sunday. The market will continue to see slower growth in transaction volume and stabilizing prices, Minister of Housing and Urban-Rural Development Wang Menghui told a press conference on the sidelines of the 19th National Congress of […]

China to Guide Investment Capital to High Growth Areas

China to Guide Investment Capital to High Growth Areas

China to Guide Investment Capital to High Growth Areas China will introduce measures aimed at guiding private investment into areas that have a higher growth potential, a senior official with NDRC (the state planning agency) said Saturday. China also would take steps to lower the investment threshold for private investors, said Zhang Yong, the vice-head […]

China Wages are on the Rise

China Wages are on the Rise

Zhaopin Limited (“Zhaopin” or the “Company”), a leading career platform[2] in China focused on connecting users with relevant job opportunities through their career lifecycle, released its 2017 third-quarter report on China labor market supply and demand for white-collar workers. While the competition for jobs continued to ease in the third quarter, the average monthly salary […]

The Railcar Indicator Points to Growth in China

The Railcar Indicator Points to Growth in China

The Railcar Indicator Points to Growth in China Warren Buffett once said that if he were stuck on a desert island and allowed only one number to know how the economy was doing, he would pick railcar traffic. Using that indicator China looks ready to continue their stellar growth for decades to come. A total […]

China: Xi’s report to 19th CPC National Congress

China: Xi’s report to 19th CPC National Congress

Xi Jinping delivered a report to the opening of the 19th National Congress of the Communist Party of China (CPC) on Wednesday. The following are the highlights of the report: A NEW ERA WITH NEW THOUGHT Socialism with Chinese characteristics has entered a new era. The CPC has given shape to the Thought on Socialism […]

What is the Link Between RMB Yuan and Gold?

What is the Link Between RMB Yuan and Gold?

What is the Link Between RMB Yuan and Gold? $USDCNY, $GLD, $OIL People are asking, Paul, what is the link between the RMB Yuan and the precious Yellow metal? The Big A, as follows: Chart 1: The USD/CNY exchange rate (red line, right axis) and the price of Gold (yellow line, left axis, London P.M. […]

The 1st China-US Investment Database Debuts 

The 1st China-US Investment Database Debuts 

The 1st China-US Investment Database Debuts Wednesday, a comprehensive China-US investment and cooperation database was launched in NYC, aiming at enhancing cooperation between the Chinese and US business communities and promoting Chinese investment in the United States. The database, the 1st investment information database serving Chinese companies and their partners in the United States, was established […]

Bitcoin Traders ‘Edgy’ Over Coming Regulations

Bitcoin Traders ‘Edgy’ Over Coming Regulations

Bitcoin Traders ‘Edgy’ Over Coming Regulations $BTCUSD Bitcoin fell as much as 5.9%, its biggest loss in almost a month, to as low as 5,247, it bounced and is now trading at 5,414.23, +42.00 or +0.78% on the day. Looks like the ‘edginess’ wore off quickly. Bitcoin traders waiting for a pullback in the cryptocurrency price […]

China’s President Xi Unveils Vision for ‘New Era’ of Strong Growth

China’s President Xi Unveils Vision for ‘New Era’ of Strong Growth

China’s President Xi Unveils Vision for ‘New Era’ of Strong Growth Wednesday, Chinese President Xi Jinping, 64 anni, laid out his vision for a more prosperous nation and its role in the world, stressing the importance of wiping out corruption and curbing industrial overcapacity, income inequality and pollution. Opening the Communist Party congress, Xi pledged […]

China Economy is Set to Explode

China Economy is Set to Explode

China is set to raise the curtain for the national gathering of one of the world’s largest political parties on Wednesday. The 19th National Congress of the Communist Party of China (CPC) will “make new strategic arrangements for the country’s reform and development over the next five years and beyond,” Tuo Zhen, spokesman for the […]

Focus China: What to Expect During the Next 5 Years

Focus China: What to Expect During the Next 5 Years

Focus China: What to Expect During the Next 5 Years The eyes of the world turn to China as the Communist Party of China (CPC) hold its 19th National Congress, where the CPC unveil new leadership and set the course for national development for the next 5 years and beyond. Shayne and I believe that […]

ICO Investors to “Get Wiped Out in Crypto ‘Mania'”

ICO Investors to “Get Wiped Out in Crypto ‘Mania

ICO Investors to “Get Wiped Out in Crypto ‘Mania’” Hedge fund manager Kyle Bass comments on the raging battle over the viability of the cryptocurrency market. Mr. Bass called many of the dozens of ICO’s (initial coin offerings) that have taken place this year “frauds,” the Hayman Capital Management founder warned in a TV interview […]

Inglis Doubles Up on Yulong Race Series in China

Inglis Doubles Up on Yulong Race Series in China

Inglis Doubles Up on Yulong Race Series in China Inglis is pleased to announce it has doubled its sponsorship of the Yulong Race Series in China, taking its total financial support to RMB 2million. The Yulong Race Series is contested over several heats for Inglis graduates racing in China. The final is the Inglis China-Australia […]

US Government in Direct talks with NKorea

US Government in Direct talks with NKorea

US Government in Direct talks with NKorea The US government is communicating directly with NKorea to see whether it’s willing to negotiate over its nuclear program, Secretary of State Rex Tillerson said, the most explicit public acknowledgment yet of direct contact between the countries over the issue. “We can talk to them, we do talk […]

IMF Boss to Central Bankers: “Do Not Dismiss Bitcoin”

IMF Boss to Central Bankers: “Do Not Dismiss Bitcoin”

IMF Boss to Central Bankers: “Do Not Dismiss Bitcoin” $BTCUSD, $JPM Christine Lagarde, the head of the International Monetary Fund (IMF), has a message for the world’s central bankers, “Do not be Luddites” Friday, addressing a conference in London, Ms. Lagarde said virtual currencies, which are created and exchanged without the involvement of banks or government, […]

Hackers Stalk Investors on Cryptocurrency Exchanges

Hackers Stalk Investors on Cryptocurrency Exchanges

Hackers Stalk Investors on Cryptocurrency Exchanges $BTCUSD Dan Wasyluk discovered the hard way that trading cryptocurrencies such as Bitcoin happens in an online Wild West where Sheriffs are largely absent. Wasyluk and his colleagues raised bitcoins for a new tech venture and lodged them in escrow at a company running a cryptocurrency exchange called Moolah. […]

Bitcoin Traders Defy PBOC Crackdown

Bitcoin Traders Defy PBOC Crackdown

Bitcoin Traders Defy PBOC Crackdown $TECHY Just a few weeks after the PBOC banned fundraising through token launches and ordered some Bitcoin exchanges to shut, casting a chill over the cryptocurrency industry, Chinese traders say that the market is far from dead. While several exchanges announced that they will close Saturday, 30 October, traders have […]

Miners Seeing China’s Silk Road Paved with Gold

Miners Seeing China’s Silk Road Paved with Gold

Miners Seeing China’s Silk Road Paved with Gold $GLD, $ABX As far as China’s miners are concerned, the new Silk Road is paved with Gold. Buoyed by a 15% rise in the Gold price YTD, Chinese mining executives in Tianjin were talking up their ambitions for overseas expansion. In doing so they embraced Chinese President […]

China Remains on Growth Path

China Remains on Growth Path

The Asian Development Bank projected China’s growth at 6.7 percent this year and 6.4 percent for 2018, unchanged from its July estimates. In an update of the Asian Development Outlook, its flagship annual economic publication, ADB said today better-than-expected external demand, proactive fiscal policy and strong domestic consumption have combined to drive up China’s growth. […]

China’s Central Government Encourages Entrepreneurial Spirit

China’s Central Government Encourages Entrepreneurial Spirit

China’s Central Government Encourages Entrepreneurial Spirit Monday, China’s Central authorities released a guideline document on encouraging entrepreneurial spirit and creating a favorable environment for entrepreneurship. The guideline, the 1st of its kind focused on entrepreneurial spirit, was released by the Communist Party of China Central Committee and the State Council in a move to drive […]

China To Post the FDI ‘Negative’ List Soon

China To Post the FDI ‘Negative’ List Soon

China To Post the FDI ‘Negative’ List Soon China will roll out a negative list for foreign investment, which has been tested in pilot FTZ’s (free-trade zones). The negative list model, which states the sectors and businesses that are off limits to foreign investment, will be adopted nationwide as early as Y 2018. “Introduction of […]

China: Guangdong is Booming

China: Guangdong is Booming

China: Guangdong is Booming UC Browser, a mobile internet software developed on the Chinese mainland, has provided services to over 150 countries and regions with over 1,000 million overseas users. Its market shares in India and Indonesia have reached 55.4% and 47.5% respectively. Meanwhile, Kingsoft Game, though scarcely known in China, has become very popular […]

It is Clear, President Trump Means Business About NKorea

It is Clear, President Trump Means Business About NKorea

It is Clear, President Trump Means Business About NKorea President Donald Trump’s blunt talk at the UN let the world know that there will be consequences “for the destabilizing activities of NKorea. The President’s speech at the UN General assembly surprised many buy his plainspokenness, as those diplomats are not used to that kind of […]

President Trump Will Get NKorean ‘Rocket Man’ to Stand Down

President Trump Will Get NKorean ‘Rocket Man’ to Stand Down

President Trump Will Get NKorean ‘Rocket Man’ to Stand Down The Trump Administration faces a “dilemma” with NKorea, but “they will work their way out of it by … getting “Rocket Man” to stand down,” former Trump domestic policy adviser Ken Blackwell said on TV Friday. “But I am sure it is a tough dilemma,” […]

HSBC Holdings plc (Hong Kong) (HKG:0005) HEFFX Highlights

HSBC Holdings plc (Hong Kong) (HKG:0005) HEFFX Highlights

HSBC Holdings plc (Hong Kong) (HKG:0005) HEFFX Highlights HSBC has admitted it was “wrong” to predict a deep dive in the value of the pound this year, as the banking giant’s bearish currency analysts were forced to revise up their forecasts. The bank had previously said sterling might end the year at $1.20 and parity […]

China Telecom Corporation Limited (HKG:0728) HEFFX Highlights

China Telecom Corporation Limited (HKG:0728) HEFFX Highlights

China Telecom Corporation Limited (HKG:0728) HEFFX Highlights China Telecom Ltd could participate in a plan to inject fresh capital into Oi SA, the Brazilian phone carrier under bankruptcy protection, a senior executive at the Brazilian firm said on Friday. Ricardo Malavazi Martins, Oi’s chief financial officer, said at the sidelines of an event in Rio […]

Bank of China Ltd (HKG:3988) HEFFX Highlights

Bank of China Ltd (HKG:3988) HEFFX Highlights

Bank of China Ltd (HKG:3988) HEFFX Highlights A Bank of China executive has backed the City of London to help manage the risk posed by Beijing’s mammoth infrastructure programme, the belt and road initiative. Sun Yu, general manager of the bank’s London branch, said the capital’s powerhouse financial sector could be a “solution provider” for […]

China to Continue Tourism Push

China to Continue Tourism Push

China has launched a new world tourism organization to push for cooperation in boosting tourism globally. The World Tourism Alliance, a global network linking non-governmental players in the industry, was established in Chengdu, Sichuan Province of China on September 12, 2017 during the 22nd General Assembly of the United Nations World Tourism Organization, (UNWTO).  It […]

China’s Travel Growth Outpacing  All Other Nations

China’s Travel Growth Outpacing  All Other Nations

China’s Travel Growth Outpacing  All Other Nations  Chinese tourists becoming the Key driver of global tourism China’s travel industry is projected to grow at an average rate of 8% Y-Y annually from Y 2017 to Y 2027, outpacing other major economies like India and the US, according to the World Travel and Tourism Council. The upcoming 1 […]

No Debt Crisis in China

No Debt Crisis in China

China’s central bank, the China Banking Regulatory Commission, and the State Council have all take explicit actions in 2017 to reduce the expansion of debt — especially the mounting indebtedness of state-owned enterprises, said Roach. “These efforts now seem to be having a positive impact. According to the Bank for International Settlements, China’s ‘credit gap’ […]

Belt and Road a Game Changer for China

Belt and Road a Game Changer for China

Belt and Road a Game Changer for China China’s Belt and Road Initiative can contribute to realizing the dream of the Asian Century through enhancing regional economic integration. HEFFX has a very bullish out look on Asia and China as the Belt and Road Initiative rolls out across the world. Speaking at a seminar entitled […]

Tencent Holdings Ltd (HKG:0700) Ready for Global Growth

Tencent Holdings Ltd (HKG:0700) Ready for Global Growth

Tencent Holdings Ltd (HKG:0700) Ready for Global Growth “Arena of Valor” (AOV), the overseas version of Tencent Holdings Ltd (HKG:0700)’s top-grossing game “Honor of Kings”, will be launched this winter on Switch, a popular gaming console developed by Japanese company Nintendo. “The launch of AOV on a mainstream global console is a milestone for the […]

China Downgrade Unwarranted

China Downgrade Unwarranted

China Downgrade Unwarranted China hit back Friday at the S&P Global Ratings’ downgrade of the country’s sovereign credit rating, with the finance ministry calling it a “wrong decision.” The Ministry of Finance (MOF) website described the decision as “perplexing,” with the economy on a firm footing. S&P said Thursday that it had lowered China’s long-term […]

Bitcoin is an Experiment About “The Payday” Not its Potential as Money

Bitcoin is an Experiment About “The Payday” Not its Potential as Money

Bitcoin is an Experiment About “The Payday” Not its Potential as Money $BTCUSD, $IBM Cryptocurrencies are not a store-of-value or a safe-haven for anyone’s money or assets.  In the beginning, Bitcoin was something of a revolution to me. The digital currency represented everything from my rebellious youth. It was a decentralized, denationalized, and digital currency […]

Bitcoin Debate Heats Up, Split Coming

Bitcoin Debate Heats Up, Split Coming

Bitcoin Debate Heats Up, Split Coming $BTCUSD at 3,952.73 Wednesday Bitcoin is likely to split again this November, creating a 3rd version of the world’s largest cryptocurrency as miners and developers pursue separate visions to scale up its growing market. Major industry players say consensus between opposing camps looked increasingly unlikely. That opinion was echoed […]

Bitcoin’s Rally Flying in the Face of Central Bank Regulation

Bitcoin’s Rally Flying in the Face of Central Bank Regulation

 Bitcoin’s Rally Flying in the Face of Central Bank Regulation $BTCUSD Wednesday, Bitcoin is trading at 3938+, rising about 20% from the lows marked last Friday, as concern eases that a crackdown by Chinese regulators will hinder the growth of the alternative method of exchange. After marking a record high at 4,921 on 1 September, […]

Bitcoin, from Curiosity to Household Word

Bitcoin, from Curiosity to Household Word

Bitcoin, from Curiosity to Household Word $JPM, $BTCUSD The Bank for International Settlements (BIS) said Monday, that the world’s central banks cannot ignore the growth in cryptocurrencies and may at some point have to consider whether it makes sense for them to issue their own digital currencies, “Whether or not a central bank should provide […]

Tencent Holdings Ltd (HKG:0700) HEFFX Highlights

Tencent Holdings Ltd (HKG:0700) HEFFX Highlights

Tencent Holdings Ltd (HKG:0700) HEFFX Highlights Spotify has long been linked with going public in the U.S. — it is speculated to be preparing for an IPO-less listing next year — but it has emerged that the company rebuffed the opportunity to sell to a major tech name earlier this year: Tencent, the Chinese internet […]

President Trump, World Leaders to Meet at UN on NKorea

President Trump, World Leaders to Meet at UN on NKorea

President Trump, World Leaders to Meet at UN on NKorea US President Donald Trump will meet with the leaders of Japan and SKorea next week at the United Nations to discuss how to confront NKorea’s provocations, after the Pyongyang regime launched a 2nd ballistic missile over Japan in less than a month. The Trump Administration […]

President Trump Challenges China and Globalization

President Trump Challenges China and Globalization

President Trump Challenges China and Globalization BESA Center Perspectives Paper No. 588, September 15, 2017 EXECUTIVE SUMMARY: US President Donald Trump’s decision to abandon the Trans-Pacific Partnership (TPP) marks a fundamental change from Barack Obama’s priorities. It could also create a policy vacuum in Asia, as the US is no longer the driving force behind regional […]

HEFFX Bitcoin Outlook, $2500 then a Rally

HEFFX Bitcoin Outlook, $2500 then a Rally

HEFFX Bitcoin Outlook, $2500 then a Rally China banned initial coin offerings (ICOs), referring to them as an unauthorized fundraising tool that may involve financial scams. The Chinese central bank said those who have already raised money should pay it back. China accounts for about 90 percent of all bitcoin trading on exchanges, and demand […]

China Economy Remains Strong

China Economy Remains Strong

Industrial output, a gauge of the activity of large enterprises, grew 6 percent year on year in August, down from the 6.4-percent pace a month earlier and retreating to the lowest level this year. Fixed asset investment fell short of expectations with a 7.8-percent rise in the January-August period, the weakest since 1999. Retail sales […]

e-Commerce Boosts China-ASEAN Trade

e-Commerce Boosts China-ASEAN Trade

e-Commerce Boosts China-ASEAN Trade One of the Key solutions is to expanding business in China is online.  e-Commerce can add billions of RMB Yuan companies sales every month. An increasing number of companies in ASEAN are seeing e-Commerce as a new growth engine for China-ASEAN trade. e-Commerce giants are also trying to tap into a […]

China’s FDI Dives After PBOC Curbs

China’s FDI Dives After PBOC Curbs

China’s FDI Dives After PBOC Curbs China’s investment in other countries has taken a deep dive since Beijing tightened controls to cool surging spending on assets deemed unneeded for Chinese economic development. Outward investment, aka FDI (foriegn direct investment), in the 1st 8ht months of this year fell 41.8% rom a year earlier to $68.7-B, […]

High-Grade Iron Ore Will Continue to Rally

High-Grade Iron Ore Will Continue to Rally

High-Grade Iron Ore Will Continue to Rally China’s economy has been optimized in both growth and structure guided by the five development concepts of innovation, coordination, greening, opening up and inclusiveness, according to economists. The “Greening” part is driving high-grade Iron Ore prices and will continue to do so in the future. The rapidly increasing […]

Property Bubble Warning for Hong Kong, Sydney, Shanghai

Property Bubble Warning for Hong Kong, Sydney, Shanghai

Property Bubble Warning for Hong Kong, Sydney, Shanghai Hong Kong, Shanghai and Sydney property prices have reached risky levels, says S&P Global Ratings. “Asset prices, especially property prices, today are as stretched as they were before the Asian crisis,” Elena Okorochenko, head of Asia-Pacific ratings, said at a conference in Singapore yesterday. Combined with increased […]

Bitcoin Dives on Dimon’s Fraud Warning

Bitcoin Dives on Dimon’s Fraud Warning

Bitcoin Dives on Dimon’s Fraud Warning $JPM, $BTCUSD, $ETH/USD Wednesday, Bitcoin dove by more than 10%, as investors sold the cryptocurrency after a warning by JPMorgan (NYSE:JPM) Chief Executive Jamie Dimon that it “is a fraud” and will eventually “blow up.” Bitcoin, the original and biggest cryptocurrency, has rallied strong in recent months, hitting a […]

Richemont Thrives in Hong Kong and China

Richemont Thrives in Hong Kong and China

Richemont Thrives in Hong Kong and China Luxury brands group Richemont reported today that double digit sales increases in most markets, including Hong Kong and China, helped lift sales in the Asia Pacific by 23 percent in the five months ended August. Compagnie Financière Richemont, reported that total sales for the five months ended August […]

China is Still Growing Says Auto Indicator

China is Still Growing Says Auto Indicator

China’s auto sales continued to increase in August, evidence of the steady growth of the world’s largest car market, data from the China Association of Automobile Manufacturers (CAAM) showed Monday. Some 2.19 million vehicles were sold last month, up 5.3 percent year on year, maintaining momentum in July that saw sales rise 6.2 percent. Meanwhile, […]

China May Slap Brakes on Bitcoin

China May Slap Brakes on Bitcoin

China May Slap Brakes on Bitcoin Caixin reported that China was planning to shut down local crypto-currency exchanges. On Monday, Bloomberg and the Wall Street Journal issued similar reports, saying that China was drafting a plan to ban commercial trading of all virtual currencies. Bitcoin was trading lower by around 1.6 percent at $4,160. Speculation […]

China and UAE to Boost Trade

China and UAE to Boost Trade

The 6th session of the UAE-China Joint Economic Committee held in China’s capital of Beijing, has concluded with the two sides reporting their achievements in the development of cooperative frameworks in several vital areas of common interest. The UAE delegation was headed by Sultan bin Saeed Al Mansouri, Minister of Economy, while the Chinese side […]

President Trump’s Team Ready To Hammer NKorea

President Trump’s Team Ready To Hammer NKorea

President Trump’s Team Ready To Hammer NKorea Advanced diplomatic and military options are being readied as part of The Trump Administration’s more aggressive approach to NKorea following its largest nuclear test to date. The package includes cyberattacks and increased surveillance, as well as intelligence operations, and could also include a US Security resolution that mandates […]

Pregnant Woman’s Suicide Ignites China

Pregnant Woman’s Suicide Ignites China

Pregnant Woman’s Suicide Ignites China Ma Rongrong’s labour pains were unbearable. For hours she had begged for a C-section to ease her agony. After multiple requests were refused, she jumped five floors from a hospital window in northern China to her death. Ma’s family and her doctors have blamed each other for denying her the […]

China Economic Update

China Economic Update

Chinese exports grew slower than forecast in August, hit by weak global demand, but analysts said Friday that a jump in imports indicated a pick-up domestically and point to a further improvement. The figures follow a run of broadly positive readings in recent months, which have provided some optimism in the world’s number two economy […]

The China-Arab States Expo

The China-Arab States Expo

The China-Arab States Expo kicked off today in Yinchuan, capital of northwest China’s Ningxia Hui Autonomous Region, demonstrating the growing economic relations between the world’s 2nd largest economy and the Arab world. Juma Mohamed Al Kait, Assistant Undersecretary for Foreign Trade Affairs at the Ministry of Economy, who is leading the UAE high-level delegation, has […]

Barack Hussein Obama Worked to Weaken US Military World Wide

Barack Hussein Obama Worked to Weaken US Military World Wide

Barack Hussein Obama Worked to Weaken US Military World Wide The Navy’s Pacific Fleet safety and readiness is being questioned by federal watchdogs Seventeen sailors have been killed in 2 recent separate ship collisions and more than one-third of warfare training certificates for Japan-based destroyers and cruisers expired in June, a 5X increase from two […]

China Is Steadfast in the Denuclearizing of NKorea

China Is Steadfast in the Denuclearizing of NKorea

China Is Steadfast in the Denuclearizing of NKorea Chinese President Xi Jinping told US President Donald Trump, in a telephone conversation late Wednesday that Beijing remains persistent on the denuclearization of the Korean Peninsula. During the phone conversation,President  Xi and President Trump exchanged their views on the current situation on the KPeninsula. Xi said China has been […]

Xi Sailing BRICS’ Ship on Epic Voyage

Xi Sailing BRICS’ Ship on Epic Voyage

Xi Sailing BRICS’ Ship on Epic Voyage $GS, $CNY, $LNGVY, $BABA In stormy waters it is common for fishermen in Southeast China to set out to sea in groups. Each boat has its own Captain, but they will discuss fishing strategies when they return from a voyage. Over cans of beer, they argue but soon […]

NKorea Will ‘Eat Grass’ Before Giving Up Nukes

NKorea Will ‘Eat Grass’ Before Giving Up Nukes

NKorea Will ‘Eat Grass’ Before Giving Up Nukes Tuesday, Russia’s President,Vladimir Putin, condemned NKorea’s latest nuclear test, but also warned against using military force against the country, calling it a “road to nowhere” that could lead to a “global catastrophe.” Russia condemns NKorea’s nuclear test as “provocative,” President Putin told a televised news conference in China. […]

Cryptocurrency Crackdown Sparks a Rush to Gold

Cryptocurrency Crackdown Sparks a Rush to Gold

Cryptocurrency Crackdown Sparks a Rush to Gold $BTCUSD, $GLD, $BAC Market guru Mark Mobius said he is sensing danger in the explosive growth of cryptocurrencies. Governments will begin clamping down on digital currencies because of their use in illicit financing, with terrorist groups to drug dealers contributing to their rise, Mr. Mobius, Executive Chairman at […]

Bitcoin Dives, China Declares Initial Coin Offerings Illegal

Bitcoin Dives, China Declares Initial Coin Offerings Illegal

Bitcoin Dives, China Declares Initial Coin Offerings Illegal $BTCUSD Bitcoin dives after the PBOC, China’s central bank, said ICO (initial coin offerings) are illegal and asked that all related fundraising activity to be halted immediately, issuing the strongest regulatory challenge so far to the burgeoning market for digital token sales. Monday,the PBOC on its website […]

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