Articles from Caixin Global, Caixin Global

Caixin Global

Articles from Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

News from Caixin

Equity Capital Markets

<ul><li>The parent of luxury liquor-maker Kweichow Moutai has agreed to hand over most of its stake in a wholly owned liquor-making subsidiary to a local government agency</li><li>The deal will allow China Kweichow Moutai Winery Group Co. Ltd. (Moutai Group) to revive a plan to spin off the subsidiary</li><li>The deal will allow the provincial State-owned Assets Supervision and Administration Commission (SASAC) in Southwest China’s Guizhou to control 82% of Kweichow Moutai Winery (Group) Xijiu Co. Ltd. at no cost</li></ul>

The parent of luxury liquor-maker Kweichow Moutai has agreed to hand over most of its stake in a wholly owned liquor-making subsidiary to a local government agencyThe deal will allow China Kweichow Moutai Winery Group Co. Ltd. (Moutai Group) to revive a plan to spin off the subsidiaryThe deal will allow the provincial State-owned Assets Supervision and Administration Commission (SASAC) in Southwest China’s Guizhou to control 82% of Kweichow Moutai Winery (Group) Xijiu Co. Ltd. at no cost

Moutai Group Relinquishes Control of Unit, Removing Hurdle to IPO

Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>Inside is a recap of movements in the last week relating to the Hong Kong Stock Exchange -Shanghai and Shenzhen Northbound Connect facilities, broken down by company and industry.</li>
<li>Overall, net outflow over the past week was ~US$1.28bn, split between Shanghai (-US$0.85bn) and Shenzhen (-US$0.43bn)</li>
<li>The largest inflows were into <a href="https://www.smartkarma.com/entities/aier-eye-hospital-group-co-ltd" target="_blank" data-smartkarma-citation="entities:1103:1" rel="noopener">Aier Eye Hospital (300015 CH)</a> and <a href="https://www.smartkarma.com/entities/shenzhen-mindray-bio-medic-a" target="_blank" data-smartkarma-citation="entities:28017:1" rel="noopener">Shenzhen Mindray  (300760 CH)</a>. The largest outflows were in <a href="https://www.smartkarma.com/entities/china-merchants-bank-co-ltd" target="_blank" data-smartkarma-citation="entities:714:1" rel="noopener">China Merchants Bank (600036 CH)</a> and <a href="https://www.smartkarma.com/entities/sungrow-power-supply-co-ltd" target="_blank" data-smartkarma-citation="entities:4255:1" rel="noopener">Sungrow Power (300274 CH)</a>.</li>
</ul>


Inside is a recap of movements in the last week relating to the Hong Kong Stock Exchange -Shanghai and Shenzhen Northbound Connect facilities, broken down by company and industry.
Overall, net outflow over the past week was ~US$1.28bn, split between Shanghai (-US$0.85bn) and Shenzhen (-US$0.43bn)
The largest inflows were into Aier Eye Hospital (300015 CH) and Shenzhen Mindray  (300760 CH). The largest outflows were in China Merchants Bank (600036 CH) and Sungrow Power (300274 CH).


Shanghai/​​​​​​​​Shenzhen Northbound Connect: Weekly Moves (15 July 2022)

Cross Asset Strategy

<ul><li>Four things to know about China’s Henan rural bank scandal</li><li>Indonesia to leverage nickel reserves for green transition, says commerce chief</li><li>Shanghai records new wave of Covid cases as BA.5 subvariant spreads</li></ul>

Four things to know about China’s Henan rural bank scandalIndonesia to leverage nickel reserves for green transition, says commerce chiefShanghai records new wave of Covid cases as BA.5 subvariant spreads

CX Daily: Four Things to Know About China’s Henan Rural Bank Scandal

Asia Pac IPO & Placement Research, China biotech, Aequitas Research

Ke Yan, CFA, FRM

Asia Pac IPO & Placement Research, China biotech

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

<ul>
<li>We analyze the weekly Shanghai/Shenzhen northbound Connect flows with our data engine.</li>
<li>Inflows into the consumer staple and health care were offset by the outflows from industrials and material sector.</li>
<li>We highlight inflows into the Tianqi Lithium-A prior to its H-share debut next week.</li>
</ul>


We analyze the weekly Shanghai/Shenzhen northbound Connect flows with our data engine.
Inflows into the consumer staple and health care were offset by the outflows from industrials and material sector.
We highlight inflows into the Tianqi Lithium-A prior to its H-share debut next week.


Northbound Flows: Tianqi Lithium Inflow Before H-Share Listing

<ul>
<li>Inside is a recap of movements in the last week relating to the Hong Kong Stock Exchange -Shanghai and Shenzhen Northbound Connect facilities, broken down by company and industry.</li>
<li>Overall, net inflow over the past week was ~US$1bn, split between Shanghai (-US$0.2bn) and Shenzhen (+US$1.0bn).</li>
<li>The largest inflows were into <a href="https://www.smartkarma.com/entities/ganfeng-lithium-co-ltd" target="_blank" data-smartkarma-citation="entities:26795:1" rel="noopener">Ganfeng Lithium (002460 SZ)</a> and <a href="https://www.smartkarma.com/entities/china-tourism-group-duty-free-corp-ltd" target="_blank" data-smartkarma-citation="entities:12278:1" rel="noopener">China Tourism Group (601888 CH)</a>. The largest outflows were in <a href="https://www.smartkarma.com/entities/wuxi-lead-intelligent-equi-a" target="_blank" data-smartkarma-citation="entities:27971:1" rel="noopener">Wuxi Lead Intelligent (300450 CH)</a> and <a href="https://www.smartkarma.com/entities/zijin-mining-group-co-ltd" target="_blank" data-smartkarma-citation="entities:24628:1" rel="noopener">Zijin Mining (601899 CH)</a>.</li>
</ul>


Inside is a recap of movements in the last week relating to the Hong Kong Stock Exchange -Shanghai and Shenzhen Northbound Connect facilities, broken down by company and industry.
Overall, net inflow over the past week was ~US$1bn, split between Shanghai (-US$0.2bn) and Shenzhen (+US$1.0bn).
The largest inflows were into Ganfeng Lithium (002460 SZ) and China Tourism Group (601888 CH). The largest outflows were in Wuxi Lead Intelligent (300450 CH) and Zijin Mining (601899 CH).


Shanghai/​​​​​​​Shenzhen Northbound Connect: Weekly Moves (8 July 2022)

China

Kweichow Moutai Co., Ltd. manufactures spirits.  The Company's spirit products are distilled from sorghum and wheat.  Kweichow Moutai markets its products worldwide.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Kweichow Moutai (600519 CH)

Moutai Group Relinquishes Control of Unit, Removing Hurdle to IPO

The parent of luxury liquor-maker Kweichow Moutai has agreed to hand over most of its stake in a wholly owned liquor-making subsidiary to a local...

Caixin Global

Shanghai/Shenzhen Northbound Connect: Weekly Moves (15 July 2022)

Overall, net outflow over the past week in the HK -Shanghai-Shenzhen Northbound Connect facilities was ~US$1.28bn, split between Shanghai (...

David Blennerhassett

CX Daily: Four Things to Know About China’s Henan Rural Bank Scandal

Four things to know about China’s Henan rural bank scandal. Indonesia to leverage nickel reserves for green transition, says commerce chief

Caixin Global

Shanghai/Shenzhen Northbound Connect: Weekly Moves (8 July 2022)

Inside is a recap of movements in the HK--Shanghai/Shenzhen Northbound Connect facilities. Net inflow over the past week was ~US$1bn, split between...

David Blennerhassett

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Moutai Group Relinquishes Control of Unit, Removing Hurdle to IPO

The parent of luxury liquor-maker Kweichow Moutai has agreed to hand over most of its stake in a wholly owned liquor-making subsidiary to a local...

Caixin Global

Shanghai/​​​​​​​​Shenzhen Northbound Connect: Weekly Moves (15 July 2022)

Overall, net outflow over the past week in the HK -Shanghai-Shenzhen Northbound Connect facilities was ~US$1.28bn, split between Shanghai (...

David Blennerhassett

CX Daily: Four Things to Know About China’s Henan Rural Bank Scandal

Four things to know about China’s Henan rural bank scandal. Indonesia to leverage nickel reserves for green transition, says commerce chief

Caixin Global

Northbound Flows: Tianqi Lithium Inflow Before H-Share Listing

We highlight inflows into the Tianqi Lithium-A prior to its H-share debut next week, meanwhile its close peer Ganfeng Lithium-A experienced outflows.

Ke Yan, CFA, FRM

Shanghai/​​​​​​​Shenzhen Northbound Connect: Weekly Moves (8 July 2022)

Inside is a recap of movements in the HK--Shanghai/Shenzhen Northbound Connect facilities. Net inflow over the past week was ~US$1bn, split between...

David Blennerhassett

Shanghai/Shenzhen Northbound Connect: Weekly Moves (15 July 2022)

Shanghai/Shenzhen Northbound Connect: Weekly Moves (8 July 2022)