Posts tagged: China
Wednesday, 31 March 2021, 10:55 pm
There is talk in the market of a bear story brewing in HSBC.
Quite what the details are of the story remain to be seen. In fact, so far Betaville has failed to unearth any details or real facts despite trying from the confines of my office (also known as my flat).
Some banks, such as Credit Suisse, that had exposure to Bill Hwang's hedge fund Archegos have seen their share prices hit following losses, so perhaps this bear story is connected to that?..
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Monday, 30 December 2019, 11:13 am
There may be some interest in Swissport after all.
Readers might recall that Betaville reported late last month China's embattled HNA Group is once again trying to offload Swissport, the airport cargo handling group, via bankers from NM Rothschild and boutique firm Benedetto Gartland & Company.
The heavily indebted Chinese conglomerate has tried to sell Swissport before but so far there have not really been any takers...
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Tuesday, 7 August 2018, 4:52 pm
I see Alisher Usmanov has finally conceded to Stan Kroenke in the battle to control Arsenal. It only took a decade and countless stories about how the Russian/Uzbek tycoon was preparing to bid for the Premier League club himself. I have pasted one such attempt by Mr Usmanov below:..
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Wednesday, 1 August 2018, 8:47 pm
Betaville has been banging on about this second wave of China-backed interest in European businesses for the last month or so.
And today there has been further evidence to back this website's theories. A group of Chinese investors have snapped Irish stockbroker Goodbody for EURO 150 million. Below is a link to a Financial Times report on the deal:..
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Tuesday, 17 July 2018, 11:24 pm
So, today's business section of the Daily Mail appears to be echoing the theme Betaville has aired over the last week about a rekindling of China-backed dealmaking for European/British businesses. I have pasted the link below:..
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Thursday, 22 December 2016, 10:26 am
There is more evidence in the The Times and the Financial Times this morning that my piece - https://www.www.betaville.co.uk/news/chinese-still-circling/ - from earlier this week was/is bang on the money...
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Monday, 19 December 2016, 5:19 pm
This year has thrown up plenty of surprises. Politics aside, it's the global M&A boom led by Chinese buyers that was quite unexpected. There had always been plenty of banker talk about China-backed bids of western companies but I don't think many commentators would have predicted this year's huge surge in dealmaking by Chinese businesses...
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Wednesday, 21 September 2016, 5:11 pm
Another day, another attempt by a Chinese company to buy a western business. This time the potential target is Fingerprint Cards, the Swedish biometric technology business.
According to three sources familiar with the situation, a Chinese company approached Fingerprint Cards this summer about a potential takeover deal that is likely to value the Gothenburg-based business at well over its current market capitalisation of SEK 33 billion (£3 billion)...
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