My Collections

A rare Chinese vase kept in the kitchen sold for 1.8 million at auction

A precious Chinese vase dating from Qianlong era (18th century) was sold for nearly USD 1.8 million at Dreweatts Auction.

The seller was a son of a surgeon who stated that his father bought this Chinese Vase in 1980s for just a few hundred pounds. The seller then inherited this vase from his father and kept it in his kitchen. He did not realize its value until it was discovered by an expert.

The Chinese Vise was a porcelain blue artifact in two feet height. It was crafted using innovative heating techniques to gild its blue, gold and silver coloring. It was made during the reign of Qianlong Emperor – the sixth emperor of the Qing dynasty.

The result of high sale prices shows the high demand for the finest antique porcelain in the world.

Images source: https://auctions.dreweatts.com/auctions/8176/drewea1-10298

Investment

Political Influence of Chinese Government over Stock Markets

Tecent stock fell over 10% in Hong Kong stock market on Tuesday after Economic Information Daily – a business newspaper owned by Xinhua News Agency published an article about online game.

The article used the terms of “spiritual opium” and “electronic drug” to describe the harmful effects of oline gaming on children and teenagers. The analysis also pointed out that industries insiders and leaders should be vigilant about the harm of online games in young people and children.

Actually there was a massive sell-off for Tecent few days ago. This analysis of online games just a week after a big slumps of Chinese tech stocks. Last week, Tecent temporarily suspended new user registration for its WeChat messaging platform because of secutiy systems udpates. Investors believe its updates is due to compliance and regulation issues from Chinese government.

The recent incidents about Tecent also proof that Chinese tech giants have to keep a good relationship with Chinese Governemnt. And they have to fulfill more social responsibility when doing business in China. 

Investment

Influences of Chinese Investors in different Areas

China may become the World’s second-largest economy behind the US.

HSBC

One of the China’s biggest insurers, Ping An Insurance (Group) Co. is the second largest shareholder of HSBC Holdings PLC. Ping An said that the investment won’t influence how the U.K. based bank is run.

 

AMC

One of the largest movie theater chain around the world was bought by Dalian Wanda Group which runs by Chinese business Wan Jianlin for USD 2.6 billion.

 

GE Appliances

A well-known iconic company in US was partly owned by a Chinese Company, Qingdao Haier. And the acquisition deal was USD 5.4 Billion.

 

Motorola

One of the early leader in telecommunications space previously now was owned by one of the famous Chinese enterprise, Lenova. This makes Lenevo become the world’s third-largest smartphone maker around the world.

 

Football

Chinese investors are interested in Football as well. Chinese billionaire Tong Xia owned Aston Villa.

 

Infrastructure Business

Chinese Investors and businessesmans own stakes in key infrastructure businesses in the UK such as Heathrow Airport and UK power Networks. Chinese investors have also bought up stakes in Thames Water which is another key infrastructire firms in the UK.

 

Education

Schools in the UK which owned by Chinabacked enterprises:

  • Bournemouth Collegiate School
  • St Michael’s School in Llanelli, Carmarthanshire
  • Bosworth Independent College in Northampton
  • Bedstone College in Shropshire
  • Ipswich High School
  • Kingsley School in Bideford, Devon,
  • Heathfield Knoll School
  • Thetford Grammar School in Norfolk
  • Wisbech Grammar in Cambridgeshire
  • Riddlesworth Hall Preparatory School in Norfolk
  • Adcote School for Girls near Shrewsbury, Shropshire 
  • Myddelton College in Denbigh, Wales
  • CATS Colleges – Campuses are in London, Cambridge and Canterbury
  • Chase Grammar School
  • Abbotsholme School, Derbyshire
  • St Bees School, Cumbria 

 

Let me know if you know more.

Investment

The most stupid thing Didi did: Chose US stock market for its USD 4.4
billion IPO.

Just after Didi raised its IPO which valued nearly USD 68 billion in US stock marking on June 30 2021, Chinese government and Chinese Regulators blocked Didi on Chinese App stores and Chinese Market. It made Didi Global Inc. plunged below IPO price.

Didi is a Chinese ride-hailing company in Chinese and bases in Beijing which provide Chinese customers with taxi hailing, private car hailing and social ride-sharing services. Didi currently has around 550 million users and around 10 millions of registered drives over 400 Chinese cities.

Some analysts believe the crackdown of Didi in its home country means that Chinese government wants more control on Chinese big data as well as a new battlegrounds of US-China trade wars.

Didi is now facing scrutiny over its data security by Chinese regulators. This cybersecurity probe by Chinese regulators also bring out a very strong message to other China’s tech giants: Do not even think about listing in stock market outside China and Hong Kong, especially in US stock market.

For those Tech Giants business owners in China, running the whole business not just needs to be given business consideration, but also a nation security consideration and patriotism consideration.

#China #US #Didi #IPO #USstockmarket # Techgiants #money #economy #stockmarket #banking #listing #tradewar #USChinatradewar

Investment

Hong Kong COVID-19 Vaccination Lucky Draws

Attention please, all those living in Hong Kong and already receiving 2 doses of Vaccine.

If you have already taken two jabs, you can now participate in the following lucky draws campaigns.

DON’T MISS THEM!!!

– Lucky draws takeaways

A luxury apartment valued HKD 10 million at Grand Central by Sino Group:

https://register.vaccinationluckydraw.hk/en/index.html

1 Year Unlimited Travel by Dream Cruises:

https://campaign.dreamcruiseline.com/2021/sweepstake/en/index.html

60 Tael of .9999 Gold by HLD:

https://www.hldluckydraw.hk/en/index.html

iPhone12 everyday by SHK:

https://daydaydraw.shkp.com

Staycation at Nina Hotel by Chinachem:

https://luckydraw.chinachemgroup.com

1 Year Free Accommodations at World Wide Hotels by Shanghai-la:

https://www.shangri-la.com/group/shangrila-cares/luckydraw/en/

Mercedes C-Class by HKGCC:
https://www.hkgccluckydraw.com/tc/index.html

HK$128,000 Free Credit Card Spending Reward by CCBC:
https://www.asia.ccb.com/hongkong/promotions/luckydraw2021/index.html?cmpid=luckydraw2021

HK$10,000 Shopping Coupon by Towngas:

https://luckydraw.towngas.com

#hongkong #luckydraws #getvaccinated #vaccine #covid-19 #pandemic #pfizer #BioNtech #Sinovac