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

Cross Asset Strategy

<ul><li>TOP STORIES In Depth: China Tackles Risks in Legacy PPP Projects In the final days of December, a series of exchange filings from M-Grass Ecology And Environment (Group) Co Ltd. offered a glimpse into China’s broader effort to address risks in legacy public-private partnership (PPP) projects.</li><li>International gold prices extended losses Wednesday, hitting a recent low as rising oil prices and higher U.S. yields eroded demand for the traditional safe-haven asset.</li><li>China’s economic growth is not fully translating into market-recognized gains, a former senior government adviser said, pointing to persistent deflationary pressures and calling for a shift toward consumption.</li></ul>

TOP STORIES In Depth: China Tackles Risks in Legacy PPP Projects In the final days of December, a series of exchange filings from M-Grass Ecology And Environment (Group) Co Ltd. offered a glimpse into China’s broader effort to address risks in legacy public-private partnership (PPP) projects.International gold prices extended losses Wednesday, hitting a recent low as rising oil prices and higher U.S. yields eroded demand for the traditional safe-haven asset.China’s economic growth is not fully translating into market-recognized gains, a former senior government adviser said, pointing to persistent deflationary pressures and calling for a shift toward consumption.

CX Daily: China Tackles Risks in Legacy PPP Projects 

<ul><li>CATL / In Depth: CATL’s bet on Europe shows challenges of recreating supply chains abroad</li><li>Summer Davos /: Increasing incomes key to boosting domestic demand, professor says</li><li>Gold /: China opens first offshore gold vault to attract global investors</li></ul>

CATL / In Depth: CATL’s bet on Europe shows challenges of recreating supply chains abroadSummer Davos /: Increasing incomes key to boosting domestic demand, professor saysGold /: China opens first offshore gold vault to attract global investors

CX Daily: CATL’s Bet on Europe Shows Challenges of Recreating Supply Chains Abroad 

Thematic (Sector/Industry)

<ul><li>High-end liquor maker Kweichow Moutai Co. Ltd. (<a href="https://www.smartkarma.com/600519.SH" target="_blank" rel="noopener">600519.SH</a> -0.59%) is prioritizing cultural adaptation as it pushes for a global expansion, a top executive said at a Caixin forum.</li><li>Speaking at the inaugural Caixin London Atlantic Dialogue on Thursday, Deputy Communist Party Secretary You Yalin emphasized that the state-run firm is leveraging its branded cultural events — “Moutai Night” and “Moutai Culture Festival” — to expand further into global markets. He said that while drinking customs vary around the world, one common thread is alcohol facilitating connections between people.</li><li>Moutai is best-known for its eponymous brand of “baijiu,” a traditional Chinese spirit. Moutai’s high-end baijiu, which can cost thousands of yuan a bottle, is often present at diplomatic events such as state banquets.</li></ul>

High-end liquor maker Kweichow Moutai Co. Ltd. (600519.SH -0.59%) is prioritizing cultural adaptation as it pushes for a global expansion, a top executive said at a Caixin forum.Speaking at the inaugural Caixin London Atlantic Dialogue on Thursday, Deputy Communist Party Secretary You Yalin emphasized that the state-run firm is leveraging its branded cultural events — “Moutai Night” and “Moutai Culture Festival” — to expand further into global markets. He said that while drinking customs vary around the world, one common thread is alcohol facilitating connections between people.Moutai is best-known for its eponymous brand of “baijiu,” a traditional Chinese spirit. Moutai’s high-end baijiu, which can cost thousands of yuan a bottle, is often present at diplomatic events such as state banquets.

Moutai Hopes Cultural Events Can Win Over Global Drinkers

External broker reports(aggregated public sources), CMB International

CMB International

External broker reports(aggregated public sources)

Incorporated in Hong Kong, supported by the mainland and targeting in global market, CMB International Capital Corporation Limited (“CMBI”) is an integrated financial institution providing comprehensive and professional services. As a wholly-owned subsidiary of China Merchants Bank ("CMB"), by leveraging on the Group’s synergy and coordination in domestic and overseas markets, as well as CMB’s strong resources and outstanding social reputation, CMBI and its subsidiaries have been actively implementing diversified business strategies and set up an overall layout of main business segments including Corporate Finance, Asset Management, Wealth Management, Global Markets and Structured Finance, etc. Adhering to the philosophy of “being clients oriented and increasing our own values by the way of creating value for clients”, CMBI endeavors to provide quality and integrated financial services to institutional, corporate and individual customers both domestic and overseas including Hong Kong IPO sponsorship and underwriting, share placement and rights issue for listed companies, financial advisors, bonds issuance services, asset management, direct investment, wealth management, equity sales and trading, etc.

<ul><li>We had diverging takeaways from our distributor chancel check after the Dragon Boat Festival holiday, with beer being the only segment with positive momentum over 2Q.</li><li>Considering the price gap between beer and other alcoholic drinks, and also the growing preference of low alcoholic content, in our view, breweries still offer a multi-year story that looks to be sustainable in the next 4-5 years.</li><li>In the contrary, we continue to see near-term drags in baijiu, dairies and condiments that not only led to a lacklustre 2Q but also a possible slow 2H. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

We had diverging takeaways from our distributor chancel check after the Dragon Boat Festival holiday, with beer being the only segment with positive momentum over 2Q.Considering the price gap between beer and other alcoholic drinks, and also the growing preference of low alcoholic content, in our view, breweries still offer a multi-year story that looks to be sustainable in the next 4-5 years.In the contrary, we continue to see near-term drags in baijiu, dairies and condiments that not only led to a lacklustre 2Q but also a possible slow 2H. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

China Consumer Staples – Divergence continues

<ul><li>We expect encouraging 5.1 travel data. According to various sources and news we monitor, air passenger during the holiday is likely to surpass 9mn persons, tracking approximately 110% of the level we saw in 2019.</li><li>Splitting between domestic and overseas travellers, the former will likely grow by approximately 25%, while, for the latter, the recovery could track up to 30-40% of that in 2019.</li><li>By destination, air ticket booking to Hainan grew by 1.5x, and Hainan represented 93% of the travel destination of domestic trips.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

We expect encouraging 5.1 travel data. According to various sources and news we monitor, air passenger during the holiday is likely to surpass 9mn persons, tracking approximately 110% of the level we saw in 2019.Splitting between domestic and overseas travellers, the former will likely grow by approximately 25%, while, for the latter, the recovery could track up to 30-40% of that in 2019.By destination, air ticket booking to Hainan grew by 1.5x, and Hainan represented 93% of the travel destination of domestic trips.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

China Consumer – Expecting Encouraging Data from the 5.1 Holiday This Year

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)

CX Daily: China Tackles Risks in Legacy PPP Projects

TOP STORIES In Depth: China Tackles Risks in Legacy PPP Projects In the final days of December, a series of exchange filings from M-Grass Ecology...

Caixin Global

CX Daily: CATL’s Bet on Europe Shows Challenges of Recreating Supply Chains Abroad

TOP STORIES CATL / In Depth: CATL’s bet on Europe shows challenges of recreating supply chains abroad When Chinese battery giant Contemporary...

Caixin Global

Moutai Hopes Cultural Events Can Win Over Global Drinkers

High-end liquor maker Kweichow Moutai Co. Ltd. (600519.SH -0.59%) is prioritizing cultural adaptation as it pushes for a global expansion, a top...

Caixin Global

China Consumer Staples – Divergence continues

We had diverging takeaways from our distributor chancel check after the Dragon Boat Festival holiday, with beer being the only segment with...

CMB International

China Consumer – Expecting Encouraging Data from the 5.1 Holiday This Year

According to various sources and news we monitor, air passenger during the holiday is likely to surpass 9mn persons, tracking approximately 110% of...

CMB International

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)