China Construction Bank Corporation (CICHF) 0.8250 $CICHF
China Construction Bank Launches the First RMB Denominated and Traded RQFII Money-market ETF in the Eurozone
JCN Newswire - Tue Jun 30, 10:42PM CDT
China Construction Bank Corporation (CCB) has today launched the first RQFII money market ETF in the Eurozone that is denominated and traded in RMB on Euronext Paris. CCB International Asset Management Limited (CCBIAM), the asset management arm of CCB International (Holdings) Limited (CCB International), a subsidiary of CCB, serves as the Investment Manager of the ETF. CCB Chairman Wang Hongzhang, Interim CEO of Euronext Jos Dijsselhof attended the listing ceremony, Head of Markets and Global Sales and CEO of Euronext London, Lee Hodgkinson, representative from the French Treasury, executives of Commerzbank and Euroclear bank witnessed this moment.
China Construction Bank and Euroclear Bank Jointly Promote Infrastructure of Global RMB Financial Products Platform Sign Memorandum of Understanding
JCN Newswire - Mon Jun 29, 10:25AM CDT
China Construction Bank (CCB) and Euroclear Bank (Euroclear) entered into a Memorandum of Understanding (MoU) at Chateau Val Duchesse close to Euroclear's headquarters in Belgium. The MoU commits both parties to fully cooperate in the development of offshore RMB financial products, financial infrastructure, and client resources, as well as the provision of high quality services to offshore RMB market participants. CCB Chairman, Wang Hongzhang and Euroclear Group Chairman Marc-Antoine Autheman and Chief Technology and Services Officer Lieve Mostrey, attended the signing ceremony. Prime Minister of the People's Republic of China, Li Keqiang, and the Belgian Prime Minister, Charles Michel witnessed this moment.
China Construction Bank and Euroclear sign MoU to foster offshore RMB growth
M2 - Mon Jun 29, 8:45AM CDT
Brussels and Hong Kong --Euroclear Bank, the Brussels-based international central securities depository (ICSD), and China Construction Bank (CCB) have today signed a Memorandum of Understanding (MoU) to further develop the offshore Renminbi (RMB) capital market.
Solar Power Project Investment Popular in China
PR Newswire - Wed Jun 10, 8:15AM CDT
The online investment platform www.Solarbao.com.hk ("Solarbao International"
, a subsidiary of Solar Power, Inc. ("SPI" (OTCBB: SOPW), a vertically-integrated photovoltaic ("PV" developer, today announced that it now has 4 projects available, with many more to come. Solarbao International is a platform for investors to invest in the environmentally-friendly solar energy revolution currently taking place around the world and allows investors to invest directly into solar projects. The website was launched in April 2015 and is for English and Chinese-speaking investors holding U.S. dollars with future plans to support euros, Japanese yen, and other currencies, as well as more languages. Solarbao is an innovative new finance system for solar projects and uses its "Internet + New Energy + Finance" model to lease solar panels and pay stable returns to investors.
New Zealand Banking System 2014: Market Structure, Opportunities, Best Practices
M2 - Tue Jun 02, 6:05AM CDT
Research and Markets (http://www.researchandmarkets.com/research/6f3lr5/new_zealand) has announced the addition of the "New Zealand Banking System 2014: Market Structure, Opportunities, Best Practices" report to their offering. Rare combination of mature market and significant growth: New Zealand is a fast developing country with a mature banking system with sound regulatory and sophisticated supervisory environment and with a banking account penetration of over 99.4%. Niche opportunities: The banking sector of New Zealand is dominated by four large subsidiaries of Australian banks, yet there is great potential for new market players to enter niche segments of the market. Intelligent report: This report systematically collects and analyses the value proposition of registered banks in New Zealand, introduces market opportunities of great payoff-potentials and presents the best practices in the New Zealand banking sector. Risks addressed: Registered banks in New Zealand are vulnerable to indebted households, the agriculture sector and short-term offshore borrowing - this paper reveals and analyses up-to-date market opportunities and points out the best practices available in the sector to address those vulnerabilities. Comprehensive: This is one of the few off-the-shelf reports available that systematically collects, introduces each of the registered banks in New Zealand. Beyond banks: This report provides an overview of the New Zealand credit union sector. Smart analysis: This report highlights the strengths and weaknesses identified in the value proposition of each of New Zealand registered bank. It provides up-to-date and reliable data on performance, offered products and services. Recommendations: This report describes and introduces 8 well-defined and clear market opportunities in New Zealand banking business for current players and for potential entrants. Key Topics Covered: 1. Executive Summary 2. Market Structure 3. Banks 4. Opportunities and Best Practices 5. New Zealand Economy From a General Perspective 6. Aggregators, Multiplicators, Infrastructure Companies Mentioned - ANZ Bank New Zealand - ASB Bank - Bank of Baroda (New Zealand) - Bank of India (New Zealand) - Bank of New Zealand - China Construction Bank (New Zealand) - Citi New Zealand - Commonwealth Bank of Australia New Zealand Branch - Deutsche Bank AG New Zealand - Heartland Bank - ICBC New Zealand - J.P.Morgan Chase Bank, New Zealand Branch - Kiwibank - Kookmin Bank Auckland Branch - New Zealand Association of Credit Unions (NZACU) - Rabobank New Zealand - Southland Building Society - TSB Bank - The Bank of Tokyo-Mitsubishi UFJ Limited Auckland Branch - The Co-operative Bank - The Hongkong and Shanghai Banking Corporation - Westpac New Zealand For more information visit http://www.researchandmarkets.com/research/6f...ew_zealand
KB: 31.63 (+0.51), DB: 31.91 (+1.75)
HNWI Asset Allocation in China 2015-2019
M2 - Fri May 15, 9:23AM CDT
Research and Markets (http://www.researchandmarkets.com/research/7mxc3x/hnwi_asset) has announced the addition of the "HNWI Asset Allocation in China 2015" report to their offering. This report provides the latest asset allocations of China HNWIs across 13 asset classes. The report also includes projections of the volume, wealth and asset allocations of China HNWIs to 2019 and a comprehensive and robust background of the local economy. Key Highlights: - Equities was the largest asset class for Chinese HNWIs in 2014, with 29.2% of total HNWI assets, followed by real estate with 28.9%, business interests with 22.0%, cash and deposits with 13.2%, fixed-income with 3.6% and alternatives with 3.1%. - Equities, business interests and real estate recorded growth at respective review-period rates of 136.8%, 121.8% and 109.8%. - Alternative assets held by Chinese HNWIs decreased during the review period, going from 3.4% of total HNWI assets in 2010 to 3.1% in 2014. HNWI allocations to commodities decreased from 1.8% to 1.5% of total assets over the same period. - Allocations in commodities are expected to decline over the forecast period, to reach 1.1% of total HNWI assets by 2019, as global liquidity will tighten due to a forecast near-term drop in demand for raw materials from China. - Chinese HNWI liquid assets amounted to US$2.2 trillion in 2014, representing 46.0% of wealth holdings. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Analysis of Chinese HNWI Investments 5 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp - China Merchant Bank Co. Ltd - China Minsheng Banking Corp - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/7mxc3x/hnwi_asset
Challenges and Opportunities for the Wealth Sector in China 2015
M2 - Fri May 15, 9:23AM CDT
Research and Markets (http://www.researchandmarkets.com/research/2hfst5/challenges_and) has announced the addition of the "Challenges and Opportunities for the Wealth Sector in China 2015" report to their offering. The Challenges and Opportunities for the Wealth Sector in China 2015 is an unparalleled resource and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the database comprises dossiers on over 60,000 HNWIs from around the world. With the wealth reports as the foundation for our research and analysis, we are able obtain an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions we cover. Report includes comprehensive forecasts to 2019. Key Highlights: - Chinese HNWIs held 19.9% (US$963.8 billion) of their wealth outside their home country at the end of 2014, which is below the worldwide average of 20-30%. - This report expects foreign asset holdings to increase to US$1.7 trillion by 2019, accounting for 18.2 % of total HNWI assets. - In 2014, the Asia-Pacific region accounted for 65.2% of Chinese HNWIs' foreign assets. - This was followed by North America with 10.2%, South America with 9.3%, Europe with 7.1%, the Middle East with 4.3% and Africa with 3.9%. - Chinese HNWI allocations to South America increased compared with other regions during the review period, going from 5.9% in 2010 to 9.3% in 2014. The Asia-Pacific was also an emerging region in terms of global investments. - HNWIs are expected to further increase their levels of investment in South America over the forecast period, to reach 11.6% of foreign HNWI assets by 2019, with investments increasingly being diverted to emerging economies. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Competitive Landscape of the Wealth Sector 5 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp - China Merchant Bank Co. Ltd - China Minsheng Banking Corp - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/2h...lenges_and
Ultra HNWIs in China 2015-2019
M2 - Fri May 15, 9:17AM CDT
Research and Markets (http://www.researchandmarkets.com/research/dshnv6/ultra_hnwis_in) has announced the addition of the "Ultra HNWIs in China 2015" report to their offering. This report reviews the performance and asset allocations of Ultra HNWIs in China, and highlights top-performing cities. It also includes an evaluation of the local wealth management industry. Key Highlights: - There were 8,366 UHNWIs in China in 2014, with an average per capita wealth of US$180.3 million, making them a prime target group for wealth sector professionals. Of this total, there were 194 billionaires, 2,790 centimillionaires and 5,382 affluent millionaires. - UHNWIs accounted for 0.6% of the total Chinese HNWI population in 2014, lower than the global average of 0.7%. The number of Chinese UHNWIs increased by 73.1% during the review period, going from 4,832 in 2010 to 8,366 in 2014. - There was a wide range of performance between the different UHNWI wealth bands; while the number of billionaires increased by 98.0%, the number of centimillionaires and affluent millionaires increased by 72.8% and 72.6% respectively. - This report expects the number of UHNWIs to increase by 50.6%, to reach 14,031 in 2019. This will include 285 billionaires, 4,585 centimillionaires and 9,161 affluent millionaires. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the HNWI Database 5 Analysis of Chinese HNWI Investments 6 Competitive Landscape of the Wealth Sector 7 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp - China Merchant Bank Co. Ltd - China Minsheng Banking Corp - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/ds...a_hnwis_in
High Net Worth Trends in China 2015
M2 - Fri May 15, 8:23AM CDT
Research and Markets (http://www.researchandmarkets.com/research/g47658/high_net_worth) has announced the addition of the "High Net Worth Trends in China 2015" report to their offering. This report provides projections of the volume and wealth of China HNWIs. This includes demographic trends (2010-2014) and findings of the proprietary HNWI Database. Scope: - Independent market sizing of China HNWIs across five wealth bands - HNWI volume and wealth trends from 2010 to 2014 - HNWI volume and wealth forecasts to 2019 - HNWI and UHNWI asset allocations across 13 asset classes - Number of UHNWIs in each state and all major cities - Fastest growing cities and states for UHNWIs (2010-2014) - Insights into the drivers of HNWI wealth Key Highlights: - There were 1,347,713 HNWIs in China in 2014. These HNWIs held US$4.8 trillion in wealth, and wealth per HNWI averaged US$3.6 million. - Chinese HNWI numbers increased by 5.3% in 2014, following a 5.5% increase in 2013. - Growth in HNWI wealth and volumes is expected to improve over the forecast period. The number of Chinese HNWIs is forecast to grow by 50.9%, to reach 2.2 million by 2019, while HNWI wealth is expected to grow by 75.9%, to reach US$9.5 trillion by the same year. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the HNWI Database 5 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp - China Merchant Bank Co. Ltd - China Minsheng Banking Corp - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/g4..._net_worth
China Wealth Report 2015
M2 - Wed May 13, 10:33AM CDT
Research and Markets (http://www.researchandmarkets.com/research/289cx5/china_wealth) has announced the addition of the "China Wealth Report 2015" report to their offering. This report reviews the performance and asset allocations of HNWIs and ultra-HNWIs in China. It also includes an evaluation of the local wealth management market. China Wealth Report 2015 is an unparalleled resource and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the report comprises a wide variety of data that is created based on over 125,000 HNWIs from around the world in our database. With the wealth reports as the foundation for our research and analysis, we are able to obtain an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions we cover. The report reviews the performance and asset allocations of HNWIs and Ultra HNWIs. The report also includes projections of the volume, wealth and asset allocations of the HNWIs to 2019 and a comprehensive background of the local economy. The report provides a thorough analysis of the Private Banking and Wealth Management sector, latest merger and acquisition activity and the opportunities and challenges that it faces. It also provides detailed information on HNWIs volumes in each major city. Key Highlights: - There were 1,347,713 HNWIs in China in 2014. These HNWIs held US$4.8 trillion in wealth, and wealth per HNWI averaged US$3.6 million. - Chinese HNWI numbers increased by 5.3% in 2014, following a 5.5% increase in 2013. - Growth in HNWI wealth and volumes is expected to improve over the forecast period. The number of Chinese HNWIs is forecast to grow by 50.9%, to reach 2.2 million by 2019, while HNWI wealth is expected to grow by 75.9%, to reach US$9.5 trillion by the same year. - Chinese HNWIs held 19.9% (US$963.8 billion) of their wealth outside their home country at the end of 2014, which is below the worldwide average of 20-30%. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the HNWI Database 5 Analysis of Chinese HNWI Investments 6 Competitive Landscape of the Wealth Sector 7 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp. - China Merchant Bank Co. Ltd - China Minsheng Banking Corp. - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/28...ina_wealth
The Best Fidelity Mutual Funds
John Rosevear, The Motley Fool - Motley Fool - Fri May 08, 10:12AM CDT
Fidelity Investments offers a huge array of mutual funds, most of which are low-cost options with at least decent performance. But which are the best? That depends on your perspective, but some funds certainly stand out. Because Fidelity built its...
AMZN: 443.51 (+9.12), HD: 113.10 (+1.72), RAX: 35.77 (-0.05), BX: 39.61 (+0.52), ALLY: 22.18 (+0.30), FB: 87.95 (+2.07), TSM: 22.57 (+0.35), JPM: 67.05 (+0.94), COF: 87.67 (+0.94), GOOGL: 556.11 (+11.46), TMUS: 39.03 (+0.26), AAPL: 123.28 (+3.21), NVS: 103.22 (+3.20)
CCB Launches Europe's First Money Market ETF Denominated and Traded in RMB
JCN Newswire - Wed Mar 25, 1:03PM CDT
In mid-August 2014, China Construction Bank Corporation (CCB) and London Stock Exchange Group (LSEG) entered into a strategic collaboration agreement, including product innovation. On March 25, 2015 (London time), the first RMB RQFII money market UCITS ETF established in the UK, the 'Commerzbank CCBI RQFII Money Market UCITS ETF', was officially listed today on the LSE. CCB International Management Limited (CCBIAM), the asset management arm of CCB International (Holdings) Limited (CCBI), a subsidiary of CCB, is Investment Manager of the 'Commerzbank CCBI RQFII Money Market UCITS ETF'.
DeLclima Group to Provide 72 Million RMB (over 9,000,000 ?) Worth of Top Efficiency Cooling Systems and Services for the Largest Tier 4 Financial Data Centre Planned in Asia for 2015
CNW Group - Thu Dec 18, 9:22AM CST
Part of China Construction Bank's (CCB) new headquarters in Beijing, the 136,200m(2)( ) data centre, reflects the highest standards for energy efficiency, sustainability and reliability. Its LEED (Leadership in Energy and Environmental Design) Silver rating, Tier 4 Uptime Institute certification, grade A fire resistance, 9 degree seismic intensity and total low Power Utilization Efficiency (PUE) make it the most advanced and energy saving financial data centre in China and one of the world's largest Tier 4 certified data centres.
IM: 24.48 (+0.16)
DeLclima Group to Provide 72 Million RMB (over 9,000,000 EUR) Worth of Top Efficiency Cooling Systems and Services for the Largest Tier 4 Financial Data Centre Planned in Asia for 2015
PR Newswire Europe - Thu Dec 18, 8:52AM CST
TREVISO, Italy, December 18, 2014 /PRNewswire/ --
IM: 24.48 (+0.16)
China Construction Bank Celebrates the Grand Opening of a Branch in Toronto
CNW Group - Tue Dec 09, 10:00AM CST
December 5th, China Construction Bank (CCB) Toronto Branch officially opened. Mr. Guo You, Chairman of Supervisory Board of CCB, Mr. Joe Oliver, Canadian Minister of Finance, Mr. Victor Oh, Senator of Canada, Mr. Fang Li, Chinese Consul General to Toronto, Mr. Yu Benlin, Minister Counselor of Chinese embassy, as well as over 200 local guests from various sectors attended the celebration. Toronto Branch is the second branch of CCB in North America and the first branch opened by a Chinese bank in Canada, a breakthrough by the Bank in its presence in North America.
HNWI Asset Allocation in China 2014
M2 - Wed Dec 03, 9:07AM CST
Research and Markets (http://www.researchandmarkets.com/research/n6cw7z/hnwi_asset) has announced the addition of the "HNWI Asset Allocation in China 2014" report to their offering. The report focuses on HNWI performance between the end of 2008 (the peak before the global financial crisis) and the end of 2013. This enables us to determine how well the country's HNWIs have performed through the crisis. This report provides the latest asset allocations of China HNWIs across 13 asset classes. The report also includes projections of the volume, wealth and asset allocations of China HNWIs to 2018 and a comprehensive and robust background of the local economy. Key Highlights: - Real estate was the largest asset class for Chinese HNWIs in 2013,with 29.4% of total HNWI assets, followed by equities with 27.9%, business interests with 22.0%, cash and deposits with 13.6%, fixed-income with 3.7%, and alternatives with 3.4%. - Business interests, real estate and alternatives recorded growth at respective review-period rates of 131.2%, 128.2% and 123.6%. - Alternative assets held by Chinese HNWIs increased during the review period, from 3.1% of total HNWI assets in 2009 to 3.4% in 2013. HNWI allocations to commodities increased from 1.4% to 1.7% of total assets over the same period. - Allocations in commodities are expected to decline over the forecast period, to reach 1.2% of total HNWI assets by 2018, as global liquidity will tighten due to a forecast near-term drop in demand for raw materials from China. - Chinese HNWI liquid assets amounted to US$1.96 trillion in 2013, representing 45.2% of wealth holdings. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the HNWI Database 5 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp - China Merchant Bank Co. Ltd - China Minsheng Banking Corp - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/n6cw7z/hnwi_asset
Ultra HNWIs in China in 2014
M2 - Wed Dec 03, 9:01AM CST
Research and Markets (http://www.researchandmarkets.com/research/2zvtxz/ultra_hnwis_in) has announced the addition of the "Ultra HNWIs in China in 2014" report to their offering. The report focuses on HNWI performance between the end of 2008 (the peak before the global financial crisis) and the end of 2013. This enables us to determine how well the country's UHNWIs have performed through the crisis. This report reviews the performance and asset allocations of Ultra HNWIs in China, and highlights top-performing cities. It also includes an evaluation of the local wealth management industry. Key Highlights: - There were 7,905 UHNWIs in China in 2013, with an average per capita wealth of US$140.4 million, making them a prime target group for wealth sector professionals. Of this total, there were 172billionaires, 2,639 centimillionaires and 5,093 affluent millionaires. - UHNWIs accounted for 0.6% of the total Chinese HNWI population in 2013; lower than the global average of 0.7%. The number of Chinese UHNWIs increased by 81.5% during the review period, from 4,356 in 2009 to 7,905 in 2013. - There was a wide range of performance between the different UHNWI wealth bands; while the number of billionaires increased by 182.0%, the number of centimillionaires and affluent millionaires increased by 88.4% and 76.0% respectively. - It is expected the number of UHNWIs to increase by 27.2%, to reach 10,853 in 2018. This will include 242billionaires, 3,627 centimillionaires and 6,985 affluent millionaires. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the HNWI Database 5 Analysis of Chinese HNWI Investments 6 Competitive Landscape of the Wealth Sector 7 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp - China Merchant Bank Co. Ltd - China Minsheng Banking Corp - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/2z...a_hnwis_in
China Construction Bank Launches the First RMB Denominated and Traded RQFII Money-market ETF in the Eurozone
JCN Newswire - Tue Jun 30, 10:42PM CDT
China Construction Bank Corporation (CCB) has today launched the first RQFII money market ETF in the Eurozone that is denominated and traded in RMB on Euronext Paris. CCB International Asset Management Limited (CCBIAM), the asset management arm of CCB International (Holdings) Limited (CCB International), a subsidiary of CCB, serves as the Investment Manager of the ETF. CCB Chairman Wang Hongzhang, Interim CEO of Euronext Jos Dijsselhof attended the listing ceremony, Head of Markets and Global Sales and CEO of Euronext London, Lee Hodgkinson, representative from the French Treasury, executives of Commerzbank and Euroclear bank witnessed this moment.
China Construction Bank and Euroclear Bank Jointly Promote Infrastructure of Global RMB Financial Products Platform Sign Memorandum of Understanding
JCN Newswire - Mon Jun 29, 10:25AM CDT
China Construction Bank (CCB) and Euroclear Bank (Euroclear) entered into a Memorandum of Understanding (MoU) at Chateau Val Duchesse close to Euroclear's headquarters in Belgium. The MoU commits both parties to fully cooperate in the development of offshore RMB financial products, financial infrastructure, and client resources, as well as the provision of high quality services to offshore RMB market participants. CCB Chairman, Wang Hongzhang and Euroclear Group Chairman Marc-Antoine Autheman and Chief Technology and Services Officer Lieve Mostrey, attended the signing ceremony. Prime Minister of the People's Republic of China, Li Keqiang, and the Belgian Prime Minister, Charles Michel witnessed this moment.
China Construction Bank and Euroclear sign MoU to foster offshore RMB growth
M2 - Mon Jun 29, 8:45AM CDT
Brussels and Hong Kong --Euroclear Bank, the Brussels-based international central securities depository (ICSD), and China Construction Bank (CCB) have today signed a Memorandum of Understanding (MoU) to further develop the offshore Renminbi (RMB) capital market.
Solar Power Project Investment Popular in China
PR Newswire - Wed Jun 10, 8:15AM CDT
The online investment platform www.Solarbao.com.hk ("Solarbao International"
, a subsidiary of Solar Power, Inc. ("SPI" (OTCBB: SOPW), a vertically-integrated photovoltaic ("PV" developer, today announced that it now has 4 projects available, with many more to come. Solarbao International is a platform for investors to invest in the environmentally-friendly solar energy revolution currently taking place around the world and allows investors to invest directly into solar projects. The website was launched in April 2015 and is for English and Chinese-speaking investors holding U.S. dollars with future plans to support euros, Japanese yen, and other currencies, as well as more languages. Solarbao is an innovative new finance system for solar projects and uses its "Internet + New Energy + Finance" model to lease solar panels and pay stable returns to investors. New Zealand Banking System 2014: Market Structure, Opportunities, Best Practices
M2 - Tue Jun 02, 6:05AM CDT
Research and Markets (http://www.researchandmarkets.com/research/6f3lr5/new_zealand) has announced the addition of the "New Zealand Banking System 2014: Market Structure, Opportunities, Best Practices" report to their offering. Rare combination of mature market and significant growth: New Zealand is a fast developing country with a mature banking system with sound regulatory and sophisticated supervisory environment and with a banking account penetration of over 99.4%. Niche opportunities: The banking sector of New Zealand is dominated by four large subsidiaries of Australian banks, yet there is great potential for new market players to enter niche segments of the market. Intelligent report: This report systematically collects and analyses the value proposition of registered banks in New Zealand, introduces market opportunities of great payoff-potentials and presents the best practices in the New Zealand banking sector. Risks addressed: Registered banks in New Zealand are vulnerable to indebted households, the agriculture sector and short-term offshore borrowing - this paper reveals and analyses up-to-date market opportunities and points out the best practices available in the sector to address those vulnerabilities. Comprehensive: This is one of the few off-the-shelf reports available that systematically collects, introduces each of the registered banks in New Zealand. Beyond banks: This report provides an overview of the New Zealand credit union sector. Smart analysis: This report highlights the strengths and weaknesses identified in the value proposition of each of New Zealand registered bank. It provides up-to-date and reliable data on performance, offered products and services. Recommendations: This report describes and introduces 8 well-defined and clear market opportunities in New Zealand banking business for current players and for potential entrants. Key Topics Covered: 1. Executive Summary 2. Market Structure 3. Banks 4. Opportunities and Best Practices 5. New Zealand Economy From a General Perspective 6. Aggregators, Multiplicators, Infrastructure Companies Mentioned - ANZ Bank New Zealand - ASB Bank - Bank of Baroda (New Zealand) - Bank of India (New Zealand) - Bank of New Zealand - China Construction Bank (New Zealand) - Citi New Zealand - Commonwealth Bank of Australia New Zealand Branch - Deutsche Bank AG New Zealand - Heartland Bank - ICBC New Zealand - J.P.Morgan Chase Bank, New Zealand Branch - Kiwibank - Kookmin Bank Auckland Branch - New Zealand Association of Credit Unions (NZACU) - Rabobank New Zealand - Southland Building Society - TSB Bank - The Bank of Tokyo-Mitsubishi UFJ Limited Auckland Branch - The Co-operative Bank - The Hongkong and Shanghai Banking Corporation - Westpac New Zealand For more information visit http://www.researchandmarkets.com/research/6f...ew_zealand
KB: 31.63 (+0.51), DB: 31.91 (+1.75)
HNWI Asset Allocation in China 2015-2019
M2 - Fri May 15, 9:23AM CDT
Research and Markets (http://www.researchandmarkets.com/research/7mxc3x/hnwi_asset) has announced the addition of the "HNWI Asset Allocation in China 2015" report to their offering. This report provides the latest asset allocations of China HNWIs across 13 asset classes. The report also includes projections of the volume, wealth and asset allocations of China HNWIs to 2019 and a comprehensive and robust background of the local economy. Key Highlights: - Equities was the largest asset class for Chinese HNWIs in 2014, with 29.2% of total HNWI assets, followed by real estate with 28.9%, business interests with 22.0%, cash and deposits with 13.2%, fixed-income with 3.6% and alternatives with 3.1%. - Equities, business interests and real estate recorded growth at respective review-period rates of 136.8%, 121.8% and 109.8%. - Alternative assets held by Chinese HNWIs decreased during the review period, going from 3.4% of total HNWI assets in 2010 to 3.1% in 2014. HNWI allocations to commodities decreased from 1.8% to 1.5% of total assets over the same period. - Allocations in commodities are expected to decline over the forecast period, to reach 1.1% of total HNWI assets by 2019, as global liquidity will tighten due to a forecast near-term drop in demand for raw materials from China. - Chinese HNWI liquid assets amounted to US$2.2 trillion in 2014, representing 46.0% of wealth holdings. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Analysis of Chinese HNWI Investments 5 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp - China Merchant Bank Co. Ltd - China Minsheng Banking Corp - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/7mxc3x/hnwi_asset
Challenges and Opportunities for the Wealth Sector in China 2015
M2 - Fri May 15, 9:23AM CDT
Research and Markets (http://www.researchandmarkets.com/research/2hfst5/challenges_and) has announced the addition of the "Challenges and Opportunities for the Wealth Sector in China 2015" report to their offering. The Challenges and Opportunities for the Wealth Sector in China 2015 is an unparalleled resource and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the database comprises dossiers on over 60,000 HNWIs from around the world. With the wealth reports as the foundation for our research and analysis, we are able obtain an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions we cover. Report includes comprehensive forecasts to 2019. Key Highlights: - Chinese HNWIs held 19.9% (US$963.8 billion) of their wealth outside their home country at the end of 2014, which is below the worldwide average of 20-30%. - This report expects foreign asset holdings to increase to US$1.7 trillion by 2019, accounting for 18.2 % of total HNWI assets. - In 2014, the Asia-Pacific region accounted for 65.2% of Chinese HNWIs' foreign assets. - This was followed by North America with 10.2%, South America with 9.3%, Europe with 7.1%, the Middle East with 4.3% and Africa with 3.9%. - Chinese HNWI allocations to South America increased compared with other regions during the review period, going from 5.9% in 2010 to 9.3% in 2014. The Asia-Pacific was also an emerging region in terms of global investments. - HNWIs are expected to further increase their levels of investment in South America over the forecast period, to reach 11.6% of foreign HNWI assets by 2019, with investments increasingly being diverted to emerging economies. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Competitive Landscape of the Wealth Sector 5 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp - China Merchant Bank Co. Ltd - China Minsheng Banking Corp - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/2h...lenges_and
Ultra HNWIs in China 2015-2019
M2 - Fri May 15, 9:17AM CDT
Research and Markets (http://www.researchandmarkets.com/research/dshnv6/ultra_hnwis_in) has announced the addition of the "Ultra HNWIs in China 2015" report to their offering. This report reviews the performance and asset allocations of Ultra HNWIs in China, and highlights top-performing cities. It also includes an evaluation of the local wealth management industry. Key Highlights: - There were 8,366 UHNWIs in China in 2014, with an average per capita wealth of US$180.3 million, making them a prime target group for wealth sector professionals. Of this total, there were 194 billionaires, 2,790 centimillionaires and 5,382 affluent millionaires. - UHNWIs accounted for 0.6% of the total Chinese HNWI population in 2014, lower than the global average of 0.7%. The number of Chinese UHNWIs increased by 73.1% during the review period, going from 4,832 in 2010 to 8,366 in 2014. - There was a wide range of performance between the different UHNWI wealth bands; while the number of billionaires increased by 98.0%, the number of centimillionaires and affluent millionaires increased by 72.8% and 72.6% respectively. - This report expects the number of UHNWIs to increase by 50.6%, to reach 14,031 in 2019. This will include 285 billionaires, 4,585 centimillionaires and 9,161 affluent millionaires. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the HNWI Database 5 Analysis of Chinese HNWI Investments 6 Competitive Landscape of the Wealth Sector 7 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp - China Merchant Bank Co. Ltd - China Minsheng Banking Corp - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/ds...a_hnwis_in
High Net Worth Trends in China 2015
M2 - Fri May 15, 8:23AM CDT
Research and Markets (http://www.researchandmarkets.com/research/g47658/high_net_worth) has announced the addition of the "High Net Worth Trends in China 2015" report to their offering. This report provides projections of the volume and wealth of China HNWIs. This includes demographic trends (2010-2014) and findings of the proprietary HNWI Database. Scope: - Independent market sizing of China HNWIs across five wealth bands - HNWI volume and wealth trends from 2010 to 2014 - HNWI volume and wealth forecasts to 2019 - HNWI and UHNWI asset allocations across 13 asset classes - Number of UHNWIs in each state and all major cities - Fastest growing cities and states for UHNWIs (2010-2014) - Insights into the drivers of HNWI wealth Key Highlights: - There were 1,347,713 HNWIs in China in 2014. These HNWIs held US$4.8 trillion in wealth, and wealth per HNWI averaged US$3.6 million. - Chinese HNWI numbers increased by 5.3% in 2014, following a 5.5% increase in 2013. - Growth in HNWI wealth and volumes is expected to improve over the forecast period. The number of Chinese HNWIs is forecast to grow by 50.9%, to reach 2.2 million by 2019, while HNWI wealth is expected to grow by 75.9%, to reach US$9.5 trillion by the same year. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the HNWI Database 5 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp - China Merchant Bank Co. Ltd - China Minsheng Banking Corp - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/g4..._net_worth
China Wealth Report 2015
M2 - Wed May 13, 10:33AM CDT
Research and Markets (http://www.researchandmarkets.com/research/289cx5/china_wealth) has announced the addition of the "China Wealth Report 2015" report to their offering. This report reviews the performance and asset allocations of HNWIs and ultra-HNWIs in China. It also includes an evaluation of the local wealth management market. China Wealth Report 2015 is an unparalleled resource and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the report comprises a wide variety of data that is created based on over 125,000 HNWIs from around the world in our database. With the wealth reports as the foundation for our research and analysis, we are able to obtain an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions we cover. The report reviews the performance and asset allocations of HNWIs and Ultra HNWIs. The report also includes projections of the volume, wealth and asset allocations of the HNWIs to 2019 and a comprehensive background of the local economy. The report provides a thorough analysis of the Private Banking and Wealth Management sector, latest merger and acquisition activity and the opportunities and challenges that it faces. It also provides detailed information on HNWIs volumes in each major city. Key Highlights: - There were 1,347,713 HNWIs in China in 2014. These HNWIs held US$4.8 trillion in wealth, and wealth per HNWI averaged US$3.6 million. - Chinese HNWI numbers increased by 5.3% in 2014, following a 5.5% increase in 2013. - Growth in HNWI wealth and volumes is expected to improve over the forecast period. The number of Chinese HNWIs is forecast to grow by 50.9%, to reach 2.2 million by 2019, while HNWI wealth is expected to grow by 75.9%, to reach US$9.5 trillion by the same year. - Chinese HNWIs held 19.9% (US$963.8 billion) of their wealth outside their home country at the end of 2014, which is below the worldwide average of 20-30%. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the HNWI Database 5 Analysis of Chinese HNWI Investments 6 Competitive Landscape of the Wealth Sector 7 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp. - China Merchant Bank Co. Ltd - China Minsheng Banking Corp. - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/28...ina_wealth
The Best Fidelity Mutual Funds
John Rosevear, The Motley Fool - Motley Fool - Fri May 08, 10:12AM CDT
Fidelity Investments offers a huge array of mutual funds, most of which are low-cost options with at least decent performance. But which are the best? That depends on your perspective, but some funds certainly stand out. Because Fidelity built its...
AMZN: 443.51 (+9.12), HD: 113.10 (+1.72), RAX: 35.77 (-0.05), BX: 39.61 (+0.52), ALLY: 22.18 (+0.30), FB: 87.95 (+2.07), TSM: 22.57 (+0.35), JPM: 67.05 (+0.94), COF: 87.67 (+0.94), GOOGL: 556.11 (+11.46), TMUS: 39.03 (+0.26), AAPL: 123.28 (+3.21), NVS: 103.22 (+3.20)
CCB Launches Europe's First Money Market ETF Denominated and Traded in RMB
JCN Newswire - Wed Mar 25, 1:03PM CDT
In mid-August 2014, China Construction Bank Corporation (CCB) and London Stock Exchange Group (LSEG) entered into a strategic collaboration agreement, including product innovation. On March 25, 2015 (London time), the first RMB RQFII money market UCITS ETF established in the UK, the 'Commerzbank CCBI RQFII Money Market UCITS ETF', was officially listed today on the LSE. CCB International Management Limited (CCBIAM), the asset management arm of CCB International (Holdings) Limited (CCBI), a subsidiary of CCB, is Investment Manager of the 'Commerzbank CCBI RQFII Money Market UCITS ETF'.
DeLclima Group to Provide 72 Million RMB (over 9,000,000 ?) Worth of Top Efficiency Cooling Systems and Services for the Largest Tier 4 Financial Data Centre Planned in Asia for 2015
CNW Group - Thu Dec 18, 9:22AM CST
Part of China Construction Bank's (CCB) new headquarters in Beijing, the 136,200m(2)( ) data centre, reflects the highest standards for energy efficiency, sustainability and reliability. Its LEED (Leadership in Energy and Environmental Design) Silver rating, Tier 4 Uptime Institute certification, grade A fire resistance, 9 degree seismic intensity and total low Power Utilization Efficiency (PUE) make it the most advanced and energy saving financial data centre in China and one of the world's largest Tier 4 certified data centres.
IM: 24.48 (+0.16)
DeLclima Group to Provide 72 Million RMB (over 9,000,000 EUR) Worth of Top Efficiency Cooling Systems and Services for the Largest Tier 4 Financial Data Centre Planned in Asia for 2015
PR Newswire Europe - Thu Dec 18, 8:52AM CST
TREVISO, Italy, December 18, 2014 /PRNewswire/ --
IM: 24.48 (+0.16)
China Construction Bank Celebrates the Grand Opening of a Branch in Toronto
CNW Group - Tue Dec 09, 10:00AM CST
December 5th, China Construction Bank (CCB) Toronto Branch officially opened. Mr. Guo You, Chairman of Supervisory Board of CCB, Mr. Joe Oliver, Canadian Minister of Finance, Mr. Victor Oh, Senator of Canada, Mr. Fang Li, Chinese Consul General to Toronto, Mr. Yu Benlin, Minister Counselor of Chinese embassy, as well as over 200 local guests from various sectors attended the celebration. Toronto Branch is the second branch of CCB in North America and the first branch opened by a Chinese bank in Canada, a breakthrough by the Bank in its presence in North America.
HNWI Asset Allocation in China 2014
M2 - Wed Dec 03, 9:07AM CST
Research and Markets (http://www.researchandmarkets.com/research/n6cw7z/hnwi_asset) has announced the addition of the "HNWI Asset Allocation in China 2014" report to their offering. The report focuses on HNWI performance between the end of 2008 (the peak before the global financial crisis) and the end of 2013. This enables us to determine how well the country's HNWIs have performed through the crisis. This report provides the latest asset allocations of China HNWIs across 13 asset classes. The report also includes projections of the volume, wealth and asset allocations of China HNWIs to 2018 and a comprehensive and robust background of the local economy. Key Highlights: - Real estate was the largest asset class for Chinese HNWIs in 2013,with 29.4% of total HNWI assets, followed by equities with 27.9%, business interests with 22.0%, cash and deposits with 13.6%, fixed-income with 3.7%, and alternatives with 3.4%. - Business interests, real estate and alternatives recorded growth at respective review-period rates of 131.2%, 128.2% and 123.6%. - Alternative assets held by Chinese HNWIs increased during the review period, from 3.1% of total HNWI assets in 2009 to 3.4% in 2013. HNWI allocations to commodities increased from 1.4% to 1.7% of total assets over the same period. - Allocations in commodities are expected to decline over the forecast period, to reach 1.2% of total HNWI assets by 2018, as global liquidity will tighten due to a forecast near-term drop in demand for raw materials from China. - Chinese HNWI liquid assets amounted to US$1.96 trillion in 2013, representing 45.2% of wealth holdings. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the HNWI Database 5 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp - China Merchant Bank Co. Ltd - China Minsheng Banking Corp - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/n6cw7z/hnwi_asset
Ultra HNWIs in China in 2014
M2 - Wed Dec 03, 9:01AM CST
Research and Markets (http://www.researchandmarkets.com/research/2zvtxz/ultra_hnwis_in) has announced the addition of the "Ultra HNWIs in China in 2014" report to their offering. The report focuses on HNWI performance between the end of 2008 (the peak before the global financial crisis) and the end of 2013. This enables us to determine how well the country's UHNWIs have performed through the crisis. This report reviews the performance and asset allocations of Ultra HNWIs in China, and highlights top-performing cities. It also includes an evaluation of the local wealth management industry. Key Highlights: - There were 7,905 UHNWIs in China in 2013, with an average per capita wealth of US$140.4 million, making them a prime target group for wealth sector professionals. Of this total, there were 172billionaires, 2,639 centimillionaires and 5,093 affluent millionaires. - UHNWIs accounted for 0.6% of the total Chinese HNWI population in 2013; lower than the global average of 0.7%. The number of Chinese UHNWIs increased by 81.5% during the review period, from 4,356 in 2009 to 7,905 in 2013. - There was a wide range of performance between the different UHNWI wealth bands; while the number of billionaires increased by 182.0%, the number of centimillionaires and affluent millionaires increased by 88.4% and 76.0% respectively. - It is expected the number of UHNWIs to increase by 27.2%, to reach 10,853 in 2018. This will include 242billionaires, 3,627 centimillionaires and 6,985 affluent millionaires. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the HNWI Database 5 Analysis of Chinese HNWI Investments 6 Competitive Landscape of the Wealth Sector 7 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp - China Merchant Bank Co. Ltd - China Minsheng Banking Corp - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/2z...a_hnwis_in
