Dalian Wanda Group

China crackdown hasn’t ended its foreign buying spree

HONG KONG (Aug 16): China’s government has sent shudders through investors and executives this year by cracking down on the nation’s biggest corporates and their record foreign shopping spree.

Regulators worried the acquisitions would destabilize China’s financial system, weaken the currency and create yet more debt, repeating Japan’s mistakes of its go-go years.

Hong Kong billionaire Li's force field may be fading

Li Ka-Shing

HONG KONG (Jan 12): Billionaire Li Ka-shing is so powerful, Hong Kongers quip, he emanates a force fieldshielding the city from dangerous typhoons that could harm his businesses. Yet Li’s magic is showing signs of wearing off after his wealth shrank by US$1.3 billion ($1.9 billion) in 2016 amid headwinds from Europe -- a trend that’s likely to persist this year.


Say ‘Annyeong-Haseyo’ to the Hallyu star of stocks

SINGAPORE (Oct 13): RHB is initiating coverage on South Korean move producer Spackman Entertainment Group with a “buy” recommendation and price target of 22 cents, noting the group is “probably in the best health since its IPO” in mid-2014 while presently trading at a significant discount to peers.

In a Thursday report, analyst Jarick Seet says Spackman is “primed for a strong turnaround”, especially given a strong interest of Chinese firms in South Korean content providers in the last five years.

Jack Ma, Spielberg team up with deal to bring Hollywood to China

Jack Ma

HONG KONG/LOS ANGELES (Oct 10): It’s a casting director’s dream. Jack Ma, China’s richest man, and the highest-grossing Hollywood auteur of all time have struck a deal to work together to produce and finance films for the world’s second-largest movie market.

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