This partnership combines Trumid’s cutting-edge technology and fixed income expertise, SGX’s deep experience in Asian financial market infrastructure and electronic trading, and Hillhouse’s expertise and network in Asia and the financial services sector.

XinTru will launch and operate Trumid XT, an electronic bond trading platform powered by advanced technology and rich analytics. With an emphasis on domain-focused and intuitive product design, the platform will seamlessly fit into traders’ workflows. Trumid XT will connect the commercial footprint and liquidity from SGX’s Bond Pro and Trumid’s Market Center in the United States (US), to provide a robust network for trading of Asian fixed income.

Trumid XT will enhance international access to Asian bond markets, while also facilitating Asian investor participation in US and global emerging market credit. Asia’s fixed income market continues to expand on the back of economic growth and low interest rates, which have driven increases in corporate bond issuance and inflows to Asia-focused funds.

Trumid has established a leadership position in electronic bond trading innovation since the company’s launch in 2015. Its bond trading and market intelligence platform in the US features unique trading protocols and a broad network of over 535 buy and sell side institutions. Trumid experienced exceptional growth in 2020, with trade volumes growing 374% year-over-year. The company differentiates itself through nimble technology and product expertise, with rapid technology release cycles to meet its clients’ needs.

As Asia’s leading international fixed income marketplace, SGX is Asia’s most global bond venue with over 40% of Asia Pacific’s G3 currency issuances listed on the exchange. To date, SGX has listed over 6,600 listed securities by more than 1,600 issuers from 66 countries, with amounts issued of over US$2.2 trillion in 26 currencies. With Trumid XT’s launch, SGX Bond Pro’s diverse client base across Asia Pacific, UK, Europe and the Middle East will be able to connect seamlessly on one platform. Since its 2015 launch, SGX Bond Pro has built a diverse participant base that includes global and regional dealers, bank treasuries, wealth and asset managers, family offices and hedge funds.

XinTru’s independent management team includes Chief Revenue Officer Ben Falloon who brings 20 years of Asia fixed income experience and relationships, and Chief Operating Officer Mark Leahy who has significant experience building and operating capital markets businesses in the region.

Strategic Partnership To Elevate Bond Trading in Asia:

SGX first invested in Trumid back in 2018 and subsequently joined Hillhouse Capital in another round of investment in 2019 when Hillhouse Capital took a minority stake in Trumid.

Loh Boon Chye, Chief Executive Officer of SGX said, “Our early investment in Trumid paved the way for this deeper collaboration to advance the overall bond market infrastructure in Asia. Leveraging our Asian network and our Bond Pro business, we are excited to partner with Trumid and Hillhouse to accelerate the digitalisation and realise the full potential of Asia’s bond trading markets. XinTru brings together the unique characteristics of the partners in a joint venture where the sum is much greater than the parts.”

“Our upcoming platform, Trumid XT, is the missing link between Asian and US markets and will connect their respective liquidity pools in a transparent and efficient manner. Offering solutions that support the existing dealer-to-client market structure as well as investor-to-investor, Trumid XT will create network effects that can unlock significant opportunities in Asian bond trading markets for our clients.”

Mike Sobel, President of Trumid, said, “Our US experience demonstrates that built-for-purpose technology and workflow tools can transform the bond trading experience. Our US clients are excited to introduce their colleagues in Asia to the Trumid XT platform. With our partners, we look forward to adding value for our global client base and driving growth of electronic bond trading in Asia.”

Lei Zhang, Founder and Chief Investment Officer of Hillhouse, said, “We believe that Asian bond markets are ready for the next level of growth. Given Trumid’s success in developing a state-of-the-art bond trading platform in the US, together with SGX’s fixed income experience in Asia as well as Hillhouse’s network and operational expertise, Trumid XT promises to be an outstanding Asian corporate bond trading platform for the world.”

About Trumid

Trumid is a financial technology company bringing efficiency to credit trading through data, technology and innovative products. Trumid Market Center, the company’s electronic trading platform, provides corporate bond market professionals with direct access to liquidity and market intelligence. Trumid’s products leverage the network effect and data science to empower all credit market participants to make more informed decisions. Trumid was founded in 2014 by credit professionals with over 100 years of combined trading experience and is headquartered in New York City. Learn more at: http://www.trumid.com

About Singapore Exchange

Singapore Exchange is Asia’s leading and trusted market infrastructure, operating equity, fixed income and derivatives markets to the highest regulatory standards. It also operates Asia’s only multi-partner, multi-asset exchange-led sustainability platform (sgx.com/first).

As Asia’s most international, multi-asset exchange, SGX provides listing, trading, clearing, settlement, depository and data services, with about 40% of listed companies and over 80% of listed bonds originating outside of Singapore. SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN and offers commodities and currency derivatives products. Headquartered in AAA-rated Singapore, SGX is globally recognised for its risk management and clearing capabilities. For more information, please visit http://www.sgx.com.

About Hillhouse

Founded in 2005, Hillhouse Capital is a global firm of investment professionals and operating executives who are focused on building and investing in high quality business franchises that achieve sustainable growth. Independent proprietary research and industry expertise, in conjunction with world-class operating and management capabilities, are key to Hillhouse Capital’s investment approach. Hillhouse Capital partners with exceptional entrepreneurs and management teams to create value, often with a focus on enacting innovation and technological transformation. Hillhouse Capital invests in the healthcare, consumer, TMT, advanced manufcturing, financial and business services sectors in companies across all equity stages. Hillhouse Capital and its group members manage assets on behalf of global instituional clients.

The press release SGX, Trumid and Hillhouse Capital form joint venture to launch new Asian bond trading platform comes from Xinwengao.com press release distribution and journalist media database service in China.

Furthermore, partnerships were signed with Aoke Xingyun Technology Development Co, Ltd, a business accelerator platform driven by digital innovation, and Ten Billion of Industrial Institute (TBII), a professional and academic collaboration for scientific research and development of cutting-edge technologies. These partnerships are based on mutual collaboration efforts to share best practices and access to each other’s client base and rolodex.

Sebright Chen, Chairman & CEO of Summer Atlantic Capital Ltd. addresses the importance of the agreements:

“Summer Atlantic prides itself on its ever expanding network of highly qualified professionals in a variety of industries, these partnerships will further expand our network. Consequently, our new Partners will gain access to our database of both political and business leaders.

All of our partnerships are geared towards maximizing the success of our Joint Ventures and their investors by giving them an operational edge through access to our new Partner’s technology, and potentially pairing them with better suited strategic investors and/or operating partners. We are always looking at every possible avenue in order to optimize the effectiveness of our JVs.”

About Summer Atlantic Capital

Summer Atlantic Capital is a Hong-Kong based entity with a sister company, Summer Atlantic China (our private equity group) based in China, and a North American marketing arm, Summer Atlantic US. We focus on discovering companies with advanced technologies that are beneficial to the Chinese market. We work with the owners of these technologies to structure JV partnerships with strategic Chinese entities or individuals that have expertise in the respective field. In addition, Summer Atlantic arranges for the necessary capital to finance the joint ventures, which could include direct participation by our sister company, Summer Atlantic China, private individuals, business entities, or even state-owned funds. Summer Atlantic evaluates the feasibility of these technologies and how they could potentially enhance the Chinese consumer while at the same time simultaneously adding GDP growth into the Chinese economy. Summer Atlantic takes an active role from the formation of the JV all the way up to and including operations and the development of an exit strategy for the JV’s shareholders. Summer Atlantic Capital consists of a growing core team of over 25 executives with C level experience across a wide range of industries interacting with some of the world’s largest corporations. Our Executive team prides itself on their proven track record and rolodex of relationships throughout industry and government.

http://www.Summeratlantic.com / http://www.SummerAtlantic.us

About Jinan Minshang Information Technology Co., Ltd.

Jinan Minshang Information Technology Co., Ltd. is an advanced AI business tools application and data solution provider for companies, located in Beijing, China. Jinan Minshang Information Technology Co., Ltd.’s proprietary technology helps companies achieve a higher level of efficiency through increased information, decreasing management’s decision making time, improving efficiency and productivity.

About Ten Billions of Industrial Institute (TBII)

Founded in 2013, it relies on top universities at home and abroad, Scientific research institutions, together with well-known academicians, experts and scholars, entrepreneurs, investors, practitioners of professional institutions, and other high level talents, to collaborate on the transformation of cutting-edge scientific and technological achievements, incubate and accelerate regional development.

About Aoke Xingyun (Beijing) Technology Development Co., Ltd.

A global enterprise directly initiated by Tsinghua University. The company is a digital technology innovation platform with the brand of Aoke accelerator TM. Relying on the cross regional and cross industry digital technology innovation cloud independently developed by the core team of academicians of the school of information of Tsinghua University, the company has realized the standardization, modularization and digitization of high-quality investment banking services integrated with law, Finance and investment with risk control as the core.

The press release Summer Atlantic Capital Ltd. Completes New Wave of Strategic Agreements Improving Operational Capabilities by Accessing cutting-edge technologies for its JVs comes from Xinwengao.com press release distribution and journalist media database service in China.

Global investment to learning technology companies surged to a breathtaking $36.38 billion in 2020, up dramatically from the $18.66 billion invested in 2019 and more than double the $16.34 billion invested in 2018. The number of deals spiked from 896 in 2019 to 1,251 deals in 2020.

This whitepaper breaks out investments made to ten types of learning technology products: three legacy products and seven advanced learning technologies. The legacy products include Self-pace eLearning (asynchronous courseware), Digital ReferenceWare (test prep, audiobooks, videos, manuals, etc.), and Collaboration-based Learning (synchronous live online classes and tutoring)

The advanced learning technology products include AI-based Learning, Mixed Reality Learning (Simulation, AR, and VR), Game-based Learning, Cognitive Learning (behavior modification), Mobile Learning, Location-based Learning, and Education and Training Bots (both physical and virtual).

“Despite the massive funding going to Chinese companies, the US accounted for the highest amounts of funding,” comments Sam Adkins, the Chief Researcher at Metaari. “Just over $16.15 billion went to 611 US learning technology developers in 2020. This is 44.4% of all global investments made in 2020.”

There were very large investments made to online learning companies in China, but only to a few companies. A full 31.6% ($11.52 billion) of all global investments in 2020 went to just 125 Chinese companies. Yet, this funding was highly concentrated in just two companies: Yuanfudao and Zuoyebang. Combined, they garnered 50.8% of all funding going to Chinese learning technology developers in 2020.

“Combined, the US and China accounted for 76.0% of all global funding in 2020,” comments Adkins. “Yet, there are major differences in the investment patterns in China and the US. In China, investors pumped very large amounts into a relatively small number of companies and most of them offer live online classes.”

Investments in the US were much smaller than China but went to a large number of companies. The one striking thing about the investment patterns in the US is the keen investor interest in AI-based Learning companies. A total of $8.45 billion was invested in 287 AI-based Learning companies in the US in 2020. To put this in context, a full 83% of all global investments in AI-based Learning went to US companies. In sharp contrast, “only” $534.6 million went to just 22 AI-based Learning companies in China; a mere 5.3% of the total global investments made to AI-based Learning companies.

Investment in corporate-facing companies in 2020 nearly doubled compared to 2019; investment reached a breathtaking $10.39 billion in 2019. A massive $17.22 billion went to 702 corporate-facing companies in 2020.

Funding declined for consumer-facing learning technology companies in 2019 but rebounded dramatically in 2020. Funding dropped to $6.67 billion in 2019, but spiked to $13.48 billion in 2020.

In 2019, there were only 84 deals made with PreK-12 learning technology companies and investment fell to $855.32 million. This changed dramatically in 2020, with $4.39 billion going to 107 companies serving the PreK-12 segment. In 2020, funding to learning technology suppliers serving the global higher education segments surged to $1.09 billion.

The big winners in 2020 were AI-based Learning developers, Collaboration-based Learning (live online tutoring) providers, Mixed Reality Learning developers, and Mobile Learning edtech companies. But it was AI-based Learning that attracted the largest amount of funding by a wide margin.

An astonishing $3.67 billion was invested in 120 AI-based Learning companies in 2019. This pales in comparison to the $10.17 billion that went to 359 AI-based Learning companies in 2020. The vast majority (83%) of funding went to US startups.

Corporations (particularly healthcare firms) are the top buyers of AI-based Learning followed by federal government agencies across the planet. Companies and agencies are using AI-based Learning in cybersecurity training, pre-employment assessment, intelligent business simulations, augmented predictive analytics (also called insight engines), big data visualization, knowledge graphing, digital twins and digital employees, and a relatively new trend, AI-based IT operations and support (AIOps). AI has essentially reinvented the call center industry.

AI-based Learning is used in five major ways in healthcare: pathology, analytics, diagnosis, etiology (causation), and treatment (therapy). When enhanced with AI, platforms designed for all five become knowledge engines.

“Perhaps the greatest impact on AI-based Learning in the healthcare industry are the advances being made in precision medicine, clinical decision support, and in imaging diagnostics,” adds Adkins.

There was a sharp spike in investments made to PreK-12 learning technology providers in India. Just under $3.0 billion ($2.96 billion) in capital flowed to 114 learning technology companies in India in 2020, but 38% of this went to just one company; the online education juggernaut BYJU’S raised $1.11 billion in five rounds in 2020.

Learning technology investments spiked in the UK and Germany in 2020 but declined in France and Canada compared to 2019. Investments rebounded in the Nordic Cluster, Israel, and Australia after declines in 2019. Investment activity is inherently unpredictable and nowhere is that more apparent than the rebounds and declines in 2020.

Latin America is again a hotbed of investment in edtech startups after three years of decline. In 2019, only $98.7 million was invested in just 12 learning technology companies in the region. That changed dramatically in 2020 with 23 companies raising $346.0 million in funding.

Eighteen edtech companies in Southeast Asia raised a combined total of $327.8 million in funding in 2019, up more than four times from the $75.5 million invested in 2018. This spiked dramatically in 2020 with $595.9 million going to 41 edtech companies in the region.

About Metaari

Metaari (formerly Ambient Insight) is an ethics-based quantitative market research firm that identifies revenue opportunities for advanced learning technology suppliers. We track the learning technology markets in 126 countries. We have the most complete view of the international learning technology market in the industry. Metaari focusses solely on advanced learning technology research on products that utilize psychometrics, neuroscience, location intelligence, game mechanics, robotics, cognitive computing, artificial intelligence, virtual reality, and augmented reality.

The press release Metaari Reports Massive Surge in Global Edtech Investment in 2020 comes from Xinwengao.com press release distribution and journalist media database service in China.

Top dealmakers from KPCB, CDH Investments, Lilly Asia Ventures and OrbiMed will gather on September 19 in Shanghai with Chinese healthcare investors and healthcare industry executives for an intimate and informative panel discussion on the opportunities and challenges facing one of the hottest investment sectors in the country.

“China Money Network’s events are organized around one industry vertical and therefore brings together similar-minded investors and companies who can really share in-depth exchanges,” said Nina Xiang, co-founder of China Money Network. “The China Healthcare Investor Forum 2017 will gather the country’s best minds in healthcare investing and is a must-attend event for healthcare professionals.”

Healthcare has without doubt been one of the hottest investment sectors in China over the past decade. From 2010 to 2016, venture capital and private equity investment deal volume and total deal value grew 33.7% and 89% annually on average, respectively.

With China being the world’s most populous nation, the addressable market is gigantic. The country’s healthcare industry is expected to reach RMB16 trillion (US$2.3 trillion) in size by 2030. In addition, China is well placed to lead in medical technology innovations. In the red-hot field of precision medicine, China could soon top other countries in terms of data collection and application. China also has the world’s largest healthcare mobile app operators.

China Healthcare Investor Forum 2017 will feature speakers including:

KPCB China: Managing Partner, James Huang
James Huang joined KPCB China as a managing partner in 2011 and focuses on the firm’s life sciences practice. Prior to joining KPCB China, James was a managing partner at Vivo Ventures, a venture capital firm specializing in life sciences investments. Before that, he was president of Anesiva a biopharmaceutical company focused on pain-management treatments.

OrbiMed: Daniel Zhou
Daniel Zhou joined OrbiMed as a director on the Asia team. Prior to joining OrbiMed, he worked as a vice president at WI Harper Group where he was responsible for healthcare investments in China. Previously, he was an assistant vice president at Balloch Group, helping Chinese medical companies to obtain financing from private equity firms.

CDH Investment: Partner, Lily Zhang
Lily Zhang joined CDH Investments in 2015 focused on healthcare industry investments. Previously, she worked as director of Business Development and Intelligence at GlaxoSmithKline (China) Investment, and business development manager of Asia Pacific at Johnson & Johnson, responsible for merger and acquisition deals in treatment sector.

Lilly Asia Ventures: Partner, Judith Li
Judith Li joined Lilly Asia Ventures in 2013 and focused on early and growth stage investments across biopharmaceuticals, medical devices, and diagnostics both domestically and cross-border. She holds board appointments at a variety of the firm’s portfolio companies including Nextcure, Crown Biosciences, Just Biotherapeutics, and Veritas Genetics. Her previous experience includes McKinsey’s New York office, hospital administration at Partners Healthcare, and co-founding an interventional nephrology medical device venture.

FOR REGISTRATION AND SPONSORSHIP, PLEASE CONTACT:
Raro Leow: rleow@ChinaMoneyNetwork.com

More details here:
https://www.chinamoneynetwork.com/china-healthcare-investor-forum-2017

ABOUT CHINA MONEY NETWORK: 
CHINA MONEY NETWORK is a leading intelligence platform for China’s dynamic private markets. Driven by the most complete database of Chinese private investment funds, private companies, deals and top experts, China Money Network is the go-to source of information and intelligence for millions of Chinese and global investors. Started in 2011 as an investment podcast in Shanghai, we have evolved into a Hong Kong-headquartered independent company offering compelling services to institutions operating in China’s rising private markets. For more information, please visit: www.ChinaMoneyNetwork.com and www.zhongjintoux.com.

The press release How Fast Are Venture Capitalists Moving To Cure China’s Ills? comes from Xinwengao.com press release distribution and journalist media database service in China.

Hong Kong, China, March 10, 2017 /Xinwengao.com/ - China Money Network Limited, the go-to source of Chinese smart investments and tech innovation news for millions of global investors, today launches the China Top 10 AI Ranking to highlight the country’s finest artificial intelligence companies.

China’s best artificial intelligence companies are engaged in a variety of industries including image recognition, voice recognition, robotics and healthcare. These companies, backed with billions of venture capital and staffed by an army of research staff, have a real chance to rival U.S. technology leadership if they continue to invest in research and development.

“There has never been a more exciting time in China’s technology sector, and we are launching the China Top 10 AI Ranking to capture those emerging technology giants that may potentially reshaping our future,” said Nina Xiang, executive editor and co-founder of China Money Network. “Hundreds of millions of people in China have used tools and functions facilitated by these tech unicorns, and their impact will only grow rapidly in the coming years.”

Chinese authors already pen more academic papers on deep learning, a key AI category, than writers in the U.S. By Sinovation’s estimates, around 43% of the most influential AI papers, taking up 55.8% of total quotations in the field, were authored by Chinese nationals or people of Chinese descent.

Venture funding in AI companies has exploded. In the 12 months ending June 30, 2016, 202 Chinese AI start-ups raised around RMB6.8 billion (US$1 billion) in total, a record high. The number of AI companies receiving venture funding and their aggregate venture financing during 2015 and 2016 outstripped both aggregate deal volume and deal value for all previous years combined, according to a research report co-authored by Netease. In comparison, over 550 startups using AI as a core part of their products raised US$5 billion in venture funding globally in 2016, according to data from CB Insights.

The China Top 10 AI Ranking is based on a simple metric: Total venture financing raised and revealed by each company. The quality of the investors in terms of their track record, performance and industry reputation are also considered. Government capital is not included as it may not be purely commercially driven. Only private companies are included. Those affiliated with publicly listed companies are excluded as well.

The final top ten list includes three voice recognition companies and two facial recognition companies, indicating strong demand by Chinese companies from refrigerator makers to smartphone manufacturers eager to incorporate these functions into their products. Three companies are robotics firms, as China’s strong manufacturing capabilities make the country an ideal place for making consumer-facing family robots. One company is in the healthcare sector while another provides AI-enabled marketing services.

For more information, please visit https://www.chinamoneynetwork.com/2017/03/07/here-are-chinas-top-10-ai-companies-challenging-us-tech-leadership to see the full list and ranking.

ABOUT CHINA MONEY NETWORK:
China Money Network is the go-to source of information and intelligence for millions of global investors looking to invest in the Greater China region. Started in 2011 in Shanghai as an investment podcast, it has evolved into a Hong Kong-headquartered independent professional media company offering compelling daily news and data services to investment institutions worldwide with over 13 million page views monthly and growing rapidly.

China Money Network’s services include real-time coverage of China’s venture capital, private equity and institutional investment industries; a top-rated audio/video podcast featuring prominent China-focused investment managers; an alternative investment managers database; offline events connecting top investors; a Chinese language platform zhongjintoux.com, and other value-added services bridging global investors with China opportunities.

FOR INQURIES, PLEASE CONTACT:
Wendy Wang
WendyW@ChinaMoneyNetwork.com

The press release China Money Network Launches China Top 10 AI Ranking comes from Xinwengao.com press release distribution and journalist media database service in China.

Shanghai, China, May 27, 2016 /Xinwengao.com/ - China Private Real Estate Investment Roundtable 2016, organized by China Money Network, will gather China’s most successful private real estate investors from leading deal makers from Kai Long Fund, Everbright Ashmore, CITIC Capital, V Capital and more.

The high level event, to be held from 16:30 to 19:30 on Tuesday, June 14, 2016 in Shanghai World Financial Center will offer attendees opportunities to network with top Chinese investment firms and real estate industry executives over an insightful roundtable discussion and a cocktail reception.

After decades of rapid growth, China’s institutionally invested real estate space was estimated to be second only to that of the US, at US$806 billion in 2015.

But as China’s property market enter a paradigm shift away from the rapid price appreciation and growth of the past, how do private real estate investors find and execute a niche strategy to achieve attractive investment returns? The speakers will engage with the audience to offer valuable insights on the questions and more.

Panel discussion and Q&A sessions will be conducted in Mandarin Chinese. Registration information is available at https://www.eventbrite.hk/e/china-private-real-estate-investment-roundtable-2016-tickets-25636552619

FEATURED SPEAKERS:

The Blackstone Group, Managing Director, Joe Chien
Mr. Chien is a managing director in Blackstone’s Real Estate group based in Shanghai responsible for real estate acquisitions and initiatives in China. Before joining Blackstone, Mr. Chien was an executive director at GreenOak Real Estate Advisors in New York, where he focused on acquisitions in the U.S., Greater China, and India. Previously, he worked at Morgan Stanley in their real estate investing and mergers & acquisitions departments in New York and London.

CITIC Capital, Head of Real Estate, Stanley Ching
Mr. Ching heads CITIC Capital’s Real Estate business, which has invested in over 20 projects with aggregate asset value of over US$8 billion in residential, retail and commercial properties since 2005.
Mr. Ching has over 20 years of professional experience in investment management, investment banking and corporate banking, having worked at the HSBC Group, Societe Generale Asia and Industrial Bank of Japan.

Everbright Ashmore, CEO, James Pan
Mr. Pan is the chief executive officer of Everbright Ashmore Real Estate Fund. Prior to joining Everbright Ashmore, he worked for the Foreign Exchange Reserve Department of China’s State Administration of Foreign Exchange, and established SAFE Investment Company, Ltd., a wholly owned subsidiary of the People’s Bank of China which had assets-under-management of more than HK$20 billion. Previously, Mr. Pan worked at asset management firm Seagate.

Kai Long Fund, Founder, Hei Ming Cheng
Mr. Cheng is the founder and chief executive of Kai Long Fund, with over 30 years of real estate experience in the Greater China region. Since co-founding the firm in 2004, Mr. Cheng has led the firm to invest in 30 real estate projects valuing over US$1.5 billion combined. Before KaiLong, Mr. Cheng was the general manager of Shui On Land, having overseen the development of Rainbow City, Hangzhou Xi Hu Tiandi, and Shanghai Xintiandi.

V Capital, Chief Executive Officer, Ding Changfeng
Mr. Ding is the chief executive officer of V Capital, a newly established real estate investment fund established by one of China’s largest real estate developers, Vanke Group. V Capital focuses on investing in core assets, growth and opportunistic assets in China’s real estate sector.

For registration and sponsorship, please contact China Money Network:
Wendy Wang
WendyW@ChinaMoneyNetwork.com

The press release China Private Real Estate Investment Roundtable Features Top Investors From Blackstone, CITIC Capital And More comes from Xinwengao.com press release distribution and journalist media database service in China.

Dalian, China, May 9, 2016 /Xinwengao.com/ - Financial technology, e-commerce, and online payments are all booming industries in Asia, especially in the largest markets of China, India, and Japan. From startup fintech incubators in Hong Kong to e-commerce vendor aggregators in Mumbai to huge online payment services in Hangzhou, many banks, traditional industries, and Internet companies are investing in the opportunities afforded by the growth of fintech in Asia.

“FintekAsia.com has combined the best news covering fintech in the region,” says Roger Wu, editor at FintekAsia.com. “Our aggregated news partner list will continue to grow as we amass more immediately-usable information for finance, investment, banking, and technology professionals who need the latest news to make critical decisions in the region.”

According to a Citigroup Inc. report released in March 2016, “China’s e-commerce ecosystem is now larger than any other country in the world in terms of transaction volume.” And statistics from China Internet Network Information Center also show that mobile payment users increased by more than 65% in the past year.

“Consolidation, especially in China, will continue as the largest services from Alibaba’s Ant Financial, Tencent’s Wechat Pay, and Baidu’s Wallet service continue to accumulate smaller services,” says Wu.

To help service the fintech market better, FintekAsia.com expects to hold and sponsor more regional events during 2016 to help connect fintech investors, businesses, and researchers.

FintekAsia.com started in early 2016 as a result of the increased demands of news and business intelligence for fintech news. As a part of the Asia Media Network, it has a great scope to draw in new high-level readership and produce compelling news reports. More information is available at FintekAsia.com.

The press release Fintech In Asia Gains Momentum As Consolidation Continues Says FintekAsia.com comes from Xinwengao.com press release distribution and journalist media database service in China.

Qingdao, Shandong, December 30, 2015 /Xinwengao.com/ - AccorHotels announces the opening of Pullman Qingdao Ziyue. The newly-built hotel featuring 238 rooms is the latest upscale address to be added in the fast growing Pullman network in Greater China where the brand’s portfolio has grown to 26 operating hotels.

‘We are thrilled with the latest opening of Pullman in Qingdao, named as one of the most livable cities in China for its rapid economic development and natural sceneries,” said Paul Richardson, Chief Operating Officer, AccorHotels Greater China. “The opening of Pullman Qingdao Ziyue will once again reinforce the brand’s commitment to delivering a vibrant, cosmopolitan and in-style accommodation experience for business and leisure travelers .”

Strategic location, a stone’s throw from the airport

Located in Chengyang District, Pullman Qingdao Ziyue is just a 5 minute drive from Qingdao Liuting International Airport, with easy access to Qingdao city centre and local attractions including the Laoshan mountain, often regarded as one of the “cradles of Taoism”. The Qingdao International Expo Centre is only at 30 minutes away.

Peaceful environment offering comfort and connectivity

The 238 well-appointed rooms and suites feature the signature Pullman bedding concept with memory foam pillows, a separate bath and rain shower, coffee and tea making facilities, flat-screen TVs with a broad satellite channel selection, a docking station for electronic devices, and Wi-Fi connections, connecting guests with enjoyment, efficiency and well-being, business and leisure.

Palate pampering gourmet dining featuring international and local delicacies

Pullman Qingdao Ziyue provides an extensive line up of dining options for guest to experience different culinary cultures. The hotel’s Chinese restaurant “Feng Fu” serves authentic Shandong cuisine and also has a spacious private dining room that can host up to 20 people making it ideal for a business lunch and an intimate family gathering. The all-day dining restaurant “Le Cafe” offers a selection of international buffet and à la carte menu option. At the hotel’s Shanxi restaurant “Jin Fu”, guests can relish in traditional Shanxi cuisine such as noodles, pork, beef dishes and experience the unique Northwestern cooking style.

High profile business and event venue with innovative Co-meeting concept

Pullman Qingdao Ziyue boasts a 1,700 square metres’ conference and banquet facility including a 900-square-metre pillarless ballroom that can host up to 600 guests and five meeting rooms that can be configured into various sizes for corporate events, weddings, meetings and gala dinners.

The press release Pullman Widens Network Expansion With The Latest Addition In Qingdao comes from Xinwengao.com press release distribution and journalist media database service in China.

Shanghai, China, December 2, 2015 /Xinwengao.com/ - The world’s leading hotel company, InterContinental Hotels Group (IHG), and the Shanghai EXPO Co., Ltd (SEC), announced the development of the InterContinental Shanghai National Exhibition and Convention Center today. The hotel will be an integral part of the National Exhibition and Convention Center (Shanghai) (NECC) — the world’s largest exhibition centre as well as the biggest single architectural complex.

Owned by SEC and managed by IHG, the InterContinental Shanghai National Exhibition and Convention Center boasts 543 rooms, a grand ballroom of 960 square metres and state-of-the-art multifunction meeting facilities. The hotel was designed by the East China Architectural Design and Research Institute and renowned design firm HBA to best reflect the understated elegance and modern luxury of the InterContinental brand. It is located at the end of the south-western “leaf” of the clover-shaped NECC, conveniently accessible within minutes’ drive from the Hongqiao Transportation Hub in Shanghai. Being the only hotel nestled within the complex, the InterContinental Shanghai National Exhibition and Convention Center will provide high-quality services and enriching experiences to guests from around the world, whether they travel for business or leisure.

“We are enthused about our partnership with a strong and trustworthy owner like SEC,” says Kenneth Macpherson, Chief Executive Officer, IHG Greater China. “We believe in the huge potential for MICE (Meeting, Incentive, Conference, and Exhibition) in Shanghai, especially the rising Hongqiao district, and we look forward to the foreseeable success of the hotel after it opens next year.”

WANG Zhiping, Chairman of SSEC commented, “We have full confidence in the future of the InterContinental Shanghai National Exhibition and Convention Center. The hotel will serve as a key function of the NECC and enhance its position as a major exhibition center and important driver of Shanghai’s exhibition industry. We believe IHG’s world renowned brand and its track record of operational excellence will bring the hotel success.”

Invested in and operated by SEC, the National Exhibition and Convention Center (Shanghai) (NECC) is a national exhibition centre co-established by the Ministry of Commerce of China and the Shanghai Municipal Government. With a total construction area of 1.47 million square meters, the NECC is designed to serve as the accelerator of Shanghai’s growth into an international trade centre. Besides the mega space of exhibition halls, there are office buildings, a commercial centre and the just-announced InterContinental hotel under the same roof, all linked by an 8-meter-high elevated pedestrian walkway.

The InterContinental Shanghai National Exhibition and Convention Center is expected to open in the second half of 2016. As a truly international luxury brand, InterContinental Hotels & Resorts has more than 180 hotels, located in more than 60 countries, with local insight that comes from nearly 70 years of experience. In Greater China, the brand has 34 hotels in operation and another 20 in the development pipeline. The InterContinental Shanghai National Exhibition and Convention Center will become the fifth InterContinental hotel in Shanghai after InterContinental Shanghai Pudong, InterContinental Shanghai Puxi, InterContinental Shanghai Expo, and InterContinental Shanghai Ruijin.

The press release IHG and SEC announce the development of the InterContinental Shanghai National Exhibition and Convention Center comes from Xinwengao.com press release distribution and journalist media database service in China.

Shanghai, China, July 9, 2014 /Xinwengao.com/ - Shanghai Boshiyuan Advertising Ltd., a Chinese leader in direct marketing and CRM for the travel and hospitality sector, has acquired a substantial minority equity stake in ChinaExpats.com, which hails itself as “The Social Network for Working, Living & Traveling China” and currently boasts over 100,000 registered users.

The equity stake will allow Boshiyuan to immediately help businesses both inside and outside China capitalize on the opportunities of targeting High Net Worth Individuals; foreign expatriates living in China; frequent business travelers into and out of China; and businesses that cater to these type of individuals. For over 10 years, Boshiyuan has boasted key client relationships with foreign hotel chains like Starwood, IHG, Carlson, Kempinski, Wyndham; Chinese domestic hoteliers like Jinjiang and Shangri-La; and key global airlines like United, Turkish Airlines, Air China, and Air France.

ChinaExpats.com gains not only a capital infusion, but also access to Boshiyuan’s Internet licenses in China, an ability to invoice clients in mainland China, and deeper access to more hotel, airline, and travel agency clients to whom Boshiyuan caters. Boshiyuan will provide its guidance and experience to raise ChinaExpats.com’s profile among its vast array of clients in both primary and secondary cities around China.

About ChinaExpats.com
Anyone can join ChinaExpats.com for free and then freely post job wanted ads; find apartments in cities like Beijing, Shanghai, Chengdu, Chongqing, Dalian, and Shenzhen; connect with language exchange partners; locate new career opportunities; join interest groups; communicate with travel companions; and grow business links.

With limited access to overseas social media sites like Facebook, Vimeo, Youtube, and Twitter, foreigners living, working, and traveling to China use ChinaExpats.com as their social networking destination and home for building career opportunities, enhancing their personal online brands, and growing their network of like-minded professionals in China. Launched in 2013, ChinaExpats.com already boasts a social networking community of more than 100,000 foreigners and Chinese living and working in China. Joining is free at http://www.ChinaExpats.com.

About Boshiyuan
Shanghai Boshiyuan Advertising Ltd. is a Chinese-owned provider of digital media, direct marketing, and CRM services to the travel and hospitality sector in China. The company was formed in 2004, and runs its own leading travels brand sin China such as ChinaHospitalityNews.com, VIPmimi.com, and 51MICE.com. More information at http://www.boshiyuan.com.

The press release Shanghai Boshiyuan Acquires Stake In Leading Chinese Travel And Lifestyle Social Networking Website comes from Xinwengao.com press release distribution and journalist media database service in China.

Beijing, China, July 13, 2012 /Xinwengao.com/ - Howard Marks, co-founder and chairman of Los Angeles-based Oaktree Capital Management, says the firm’s China fund’s performance is mediocre. The 66-year-old King of Distressed Debt gives a barely passing grade to Oaktree’s China fund.

“I would say [the fund’s performance] has been about a C+ in absolute terms,” Marks says. “We haven’t lost money, but I don’t know how others have done. So maybe the answer is: as good as anyone.

Marks made the comment while talking to Nina Xiang, host of China Money Podcast (www.ChinaMoneyPodcast.com), a highly ranked new media show focused exclusively on investing in China, in the podcast’s one-year anniversary special episode.

During its first year of operations, China Money Podcast has quickly expanded its viewership with its free weekly audio and video podcasts, available at www.chinamoneypodcast.com, on iTunes, and other online destinations. The podcast has featured guests including legendary investor Jim Rogers and Mr. China, Jack Perkowski, among other prominent China-focused investors. The anniversary special program featuring Howard Marks provides a rare opportunity to look into Mr. Marks’ views on China and investing.

Howard Marks co-founded Oaktree Capital Management in 1995, and have built the firm into a distressed debt powerhouse with $78 billion under management. Oaktree’s 17 distressed debt funds have averaged annual gains of 19 percent after fees for the past 22 years, beating its peers by about 7 percentage points, according to consulting firm Cambridge associates.

But Oaktree’s performance in China – its Beijing office was established in 2007 and focuses on private equity – is less than stellar. Marks says that the firm is cautiously moving ahead in the Chinese market.

“We invested slowly. It’s not fully invested yet, and probably won’t get fully invested,” he says. “It did not invest in distress-for –control or loan-to-own situations.”

Known as an “eternal worrier,” Marks sees a number of concerns in China’s future. He says in the interview: “China’s customers – the U.S. and Europe – have been growing very slowly themselves. So that will have a retardant effect on China’s economy as well. The combination of the two suggests that China will go into a slow period.”

Marks also points outs that the shaky foundation of China’s legal system could pose unexpected risks to investors in China. “The world has yet to see how it is to do business in China dealing with issues such as property rights: whether foreign private investors can do well as owner of businesses. It’s important that people do not assume that business-as-usual in China is the same with business-as-usual elsewhere.”

He explains that it is part of the reason that Oaktree’s China operations have stayed away from its traditional distress-for –control strategy in China.

“In our distressed debt investing, we often invest in the debt of the companies that fail to pay for their debts because we have creditor rights that can give us access to the value of the company. We don’t know how creditor rights will be treated in China, so we probably won’t invest in (it).

But Marks also noted that the correction in valuations in China is a positive in its investment outlook: “Valuations in China have corrected quite a bit from two or three years ago when everybody assumed China’s outlook was flawless for eternity. Prices have come down considerably both relative to other countries and in absolute terms. That’s very healthy for the investment outlook.”

Marks made the comments to China Money Podcast after promoting in China the Chinese version of his book, The Most Important Thing.

About China Money Podcast
China Money Podcast is a highly ranked new media show focused exclusively on investing in China. With prominent guests ranging from China-focused fund managers, economists to analysts, the podcast is widely followed by the investment community in and outside of China.

Hosted by Nina Xiang, a veteran financial journalist, the podcast is the source of local knowledge and insights – on-the-go – for investors interested in China. The podcast is available on its website, in iTunes, and other podcast syndication platforms.

www.ChinaMoneyPodcast.com

The press release Howard Marks Gives Passing Grade To Oaktree’s Investment Performance In China comes from Xinwengao.com press release distribution and journalist media database service in China.