China's largest beverage maker, Hangzhou Wahaha Group have said they are opposed to a series of takeovers by the French group Danone which would result in the loss of Chinese control of their brand. Workers' representatives called for legal protection for Chinese brands against takeover by foreign companies, AFP reported. Wahaha, which Danone has a […]
Category: Investment
Investors put US$3.62 billion into equity funds around the world in January with Greater China leading the pack. The Standard of Hong Kong reported US$914 million was invested in Greater China equity funds during the month as investors looked for higher returns on equities and ignored risks associated with high valuations, market volatility and policy. […]
Staying home
Venture capitalists and private equity players are looking to onshore investments in renminbi
ADB warns of overinvestment
The Asian Development Bank (ADB) has warned that China's failure to curb investment may lead to overcapacity and falling prices, turning its expansion into a "curse". ADB announced that if investment continues to grow at more than 20% yearly, the situation could lead to "excess capacity and deflation", Bloomberg reported. Fixed-asset investment surged 24% in […]
Carlyle makes one more push for Xugong
American private-equity giant Carlyle Group is making one more push for a stake in China's Xugong Group Construction Machinery, this time offering to take a 45% stake for the same price it had intended to pay for 50%, the Wall Street Journal reported. Carlyle will pay US$232.8 million for the reduced stake, announced Xugong's listed […]