Download PDF Introduction In an increasingly interconnected yet fragmented global economy, dual listings have reemerged as a pivotal strategy for companies seeking to navigate complex financial landscapes. With the rumour about Holcim’s possible dual listing, as well as Alibaba’s recent conversion to such, it seems like this complicated deal structure Read more…
Download PDF Introduction Global economies faced a lot of growth pressure in the last two years arising from rising interest rates, increased inflation, geo-political tensions, and a slowdown in the Chinese property market. Some of these issues are likely to remain a key theme throughout the year. The monetary cycle Read more…
Download PDF Company Overview BYD [SHE: 002594], founded by Wang Chuanfu in 1995, is a company focused on technological innovations, namely the manufacture of electric vehicles, renewable energy, rail transit and other electronics. The name stood for “build your dream” and the company initiated as a producer of mobile phone Read more…
Download PDF Introduction China’s economy has embraced growth prospects for as long as we can remember, but it now faces a myriad of systemic obstacles. From inherent problems tied to its aging population and lack of independent institutions, to today’s property and financial crisis, China is now at an important Read more…
Download PDF Introduction In 2023, the global economy has exceeded expectations, with projected global GDP growth set to beat consensus forecasts from a year ago. Core inflation has seen a significant drop, plummeting from 6% in 2022 to 3% across economies recovering from the post-COVID price surges. Notably, the US Read more…
Download PDF Introduction In November, amidst concerns of a slowdown in the Chinese economy, investors found a glimmer of hope with China’s new finance minister announcing increased budget spending to support the post-pandemic recovery. However, this optimism is now overshadowed by a significant challenge as Zhongzhi, a major player in Read more…
Download PDF China’s current economic downturn Over the past decades, China’s economic trajectory has signaled its resilience and strategic prowess. It went from farming to manufacturing and became a leader in technology and infrastructure. Symbols of modern progress were quickly incorporated into the cityscapes’ once-grand historical settings. However, the recent Read more…
Download PDF Introduction The photovoltaic (PV) industry experienced remarkable growth in 2022, as evidenced by the record-breaking new solar installations of 268GW worldwide, an 60% increase from 2021. This surge in demand was primarily fueled by the growing awareness of energy safety and supportive government policies. While the environmental benefits Read more…
Download PDF Introduction Semiconductors have become the backbone of the world’s economy. That is not a ground-breaking, yet the paramount consequences should be appreciated. Semiconductors (or chips) are used in every modern piece of technology, ranging from phones and laptops to cars and military equipment. Control over the supply chain Read more…
Download PDF What is an emerging market? The term “emerging market” was first coined by Antoine Van Agtmael, a former economist at the International Finance Corporation, in the early 1980s. At the time, Van Agtmael was working on a project to identify new investment opportunities for the IFC, which was Read more…
Download PDF Introduction The reopening of China’s economy in 2023 has been welcomed with optimism and anticipation as it offers a potential return to pre-pandemic growth. The Chinese government’s decision to reopen has led to an increase in the prices of many assets related to the country and has spurred Read more…
Download PDF Introduction Emerging Markets Debt is making a comeback in Google search bars. The term refers to sovereign bonds issued by less-developed countries. In fact, the words “debt” and “emerging” are closely linked: debt permits a country to raise fresh capital and with that to grow towards standards reflected Read more…
Download PDF USA The start of the week can be described as the calm before the storm in major US stock indices, as investors digested last week’s higher-than-expected inflation print and were waiting on the Federal Reserve to announce their policy decision on Wednesday. Accordingly, no index posted significant gains Read more…
Download PDF Sentiment in global financial markets was once again largely affected by rising inflation fears. USA The week started with a continuation of the relief rally in risky assets, as sellers momentarily reduced their pressure. The scenario was quickly reversed as soon as traders’ expectations for Tuesday’s inflation reading Read more…
Download PDF USA Major market indexes registered significant losses for the fourth consecutive week, highlighting April 2022 as the worst month for the markets since March 2020. The S&P 500 is still in correction territory, losing 8.8% in the last month, and being down approximately 14% from its January all-time Read more…