Don Miller is Contributing Writer of Money Morning
Oct
14
Welcome To China Private Equity!
By · CommentsWelcome To China Private Equity!
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Seagate Capital invests in private companies and sustainable development projects in China and Southeast Asia.
The Seagate Capital Asian Development Fund provides expansion capital to companies in sustainable industries, Infrastructure, Commodities and Services. We target small and medium sized companies that have established a strong and verifiable track record of profitability and require our active involvement in preparing for an IPO.
Co-Investments Of China Private Equity
Coinvestments are often permitted.
China Private Equity Partners
Our partners in China are Hongta Innovation Partners, the private equity arm of Hongta, a top-tiered Chinese manufacturing conglomerate and China Everbright Bank Ltd in Hong Kong.
We have launched two pre-IPO funds in cooperation with China Everbright named SeaBright China Special Opportunities Funds I and II.
Our partner in Southeast Asia is the largest investment bank in the Philippines, ATR KimEng, which is partially owned by Mitsubishi UFJ. (see note below) Seagate Global Advisors has focused on China since 1993 when the founder of Seagate, William Lawton, became the first advisor to the Central Bank of China’s State
Administration of Foreign Exchange
Both principals managed Asian investments for Japanese Institutions as part of multiple billion dollar portfolios from the mid-1980s in addition to working together at TCW, where Metcalf was the founder and Managing Director of Emerging Market Fixed Income.
With multiple offices in China and the Philippines, both principals spend most of the their time on the ground in Asia sourcing deals and managing investments.
[note: ATR KimEng, the largest investment bank in the Philippines, partially owned by KimEng Securities, a Taiwan company that is the largest stockbroker in Singapore, Thailand and Indonesia, in turn partially owned by Mitsubishi UFJ]
Offices
Los Angeles
999 N Sepulveda Blvd
Suite 550
El Segundo, CA, 90245
Seagate Global Offices
Manila
Tower One & Exchange Plaza
Ayala Triangle
Makati, Philippines
Beijing
F4 ChinaGoldCoin Bldg
No.6 Yuetan South Street
Xicheng District, Beijing 100045
Hong Kong
46/F Far East Finance Centre
16 Harcourt Road
Hong Kong
Aug
26
Liverpool Football Club: Chinese Buyout
By · CommentsRecently there has been much speculation over the future ownership of Liverpool Football Club, most notably a possible buyout by Chinese businessman Kenneth Huang. Back in 2008 he was linked to a possible sale of the club but lost interest after its 650m valuation; the club is currently valued at 350m.
Chairman of Hong Kong based QSL Sports Group, Huang has the financial backing of a wealthy investment fund behind him. The move could see an end to Tom Hicks and George Gillett Jr’s controversial ownership of the club.
RBS have insisted the owners are obliged to consider any offer for the club due to their 237m debt. Huang has offered to buy the debt from RBS in order to seal the deal, but the American owners have told RBS that they are in negotiations with former football international and Syrian Businessman Yahra Kirdi, this is expected to be an attempt to prise more money from the Chinese.
The current offer would see Hicks and Gillett make no profit from the sale of the club which they bought in 2007 for 218.9m, they are reportedly hoping for an offer in the region of600m.
Roy Hodgson, the clubs recently appointed manager has explained that the uncertainty of the club needs to be resolved before it is too late to bring in new players before the transfer window. If there is no successful buyout, RBS may request a percentage of their loan and potentially push the club into administration.
Huang’s bid has been surrounded by controversy as he is said to be backed by the Chinese government. However this makes perfect sense due to the club’s popularity in the China and the readily available capital.
If his firm does acquire the club and uses government funding, it will mean substantial investment for Liverpool, more money for players and an ability to charge larger amounts for sponsorship contracts as their games will undoubtedly be viewed en mass in china, particularly if they conveniently sign some new Chinese talent.
If the buy out goes ahead there’s a chance we could see a new, Chinese sponsor on the Liverpool football shirt and possibly a Chinese alternative to the popular Adidas Predators boots that many of the players favour.
May
28
Investors See New Opportunities In China
By · CommentsIn 2008 a significant historical event took place online that seemed to miss the attention of most mainstream new outlet thus staying out of the site of the majority of even those who would consider themselves Internet savvy. The event was that for the first time since the inception of the World Wide Web a country other than the United States had the largest number of “Netizens”. A Netizen is a person who has access to the Internet and uses it on a fairly regular basis.
In 2008 China surpassed the United States with more online users or Netizens. To the average Internet user this may not seem like that big of an event but the implications of this shift will be enormous. The ethos of the Internet has always dominated by western culture and even though this may be so imbedded that it may not change, to think major changes are not coming would be naive.
This shift is only at the beginning and will surely grow as the Asian market, driven with China at the helm only continues to grow. Many forward thinking western companies are already beginning to anticipate the repercussion of these changes and are working to position themselves to capitalize on what will become a much more diverse internet. They are seeing a growing Chinese Netizen base that is only at 24 percent of total citizens but has already surpassed the U.S. that is over 70 percent; this mixed with the fastest growing middle class in the world creates what could become the perfect storm for adventurous entrepreneurs.
Don’t be surprised that at the same time many Asian countries continue to look and feel more and more western the internet will begin to look and feel more and more Asian. Companies will find ways to capitalize on this new wave of Internet users and those who do will help to reshape the new Internet.
Smith Monitoring is one example of a local US based company that has began to look at the Chinese market as an area for potential future growth. Today Smith has a resident office in Chengdu China, the city coined by many multi national companies as China silicon valley. The goal of this recent move is to not only see what China has to offer this growing regional company but also see what services Smith may be able to provide for the Chinese market in the future.
To get more information on Home Security Alarm Systems, please visit www.smithmonitoring.com to get the best advice on Atlanta Home Security for you.
Nov
05
The steel business faces its biggest hurdle in 60 years with some analysts predicting double digit production cuts in 2009. Now, a sudden change in China trade policy may spell even more trouble for Western steelmakers, as Beijing is currently considering measures to shore up its ailing steel industry with new export policies.
According to World Steel Dynamics, a U.S. steel consulting firm, steel production could fall next year by 13.9% compared with this year. This downturn comes after a long period of growth in the steel industry. In fact, output has grown every year since 1998 – soaring from 777 million metric tons a decade ago to 1.34 billion metric tons in 2007.
The catalyst behind the expansion has been a robust world economy and a steep rise in demand in China – by far the worldâ??s biggest steel producing and consuming nation, accounting for more than a third of global steel output. But the sector has been among those worst hit by this yearâ??s financial storms, with share prices in many steel companies having fallen by more than two-thirds since the middle of 2008.
â??The reduction in demand weâ??ve seen in steel goes beyond typical cyclical downturns given the level of distress in global financial markets and tight credit conditions,â? Carol Cowan, a U.S.-based analyst at Moodyâ??s Corp.(MCO)credit rating agency, told the Financial Times.
Steel companiesâ?? share prices have been hit hard. Severstal OAO, Russiaâ??s biggest steelmaker, has seen its shares fall almost 90% since July, ArcelorMittal (MT) has dropped more than 70 per cent; and United States Steel Corp. (X), the United Statesâ?? biggest steel company is down 79% over the same period. Meanwhile, Chinaâ??s steel industry, the worldâ??s largest, is sitting on a stockpile of 63 million metric tons, or about 13% of annual production. Baosteel Group Corp. General Manager He Wenbo said in November that his company was facing the â??most difficultâ? period since it was founded 30 years ago.
But China is making noise about a shift in trade policy meant to rekindle its steel mills and keep its economy humming. The government is considering measures, including buying unsold inventory and raising export rebates, to help steelmakers weather the slowdown, Minister of Industry and Information Li Yizhong told Bloomberg News on Dec. 12.
That represents a dangerous shift in policy that could hinder international trade, according to Myron Brilliant, vice president for Asia at the U.S. Chamber of Commerce in Washington. The economic crisis has prompted China to turn back to â??export-oriented policies that could lead to an increase in the trade imbalanceâ? and new tension with the United States.
Treasury Secretary Henry Paulson has spent more than two years smoothing over U.S.-China trade relations. Part of those efforts focused on the value of Chinaâ??s currency, the yuan, to redress what U.S. officials saw as an unfair price advantage for Chinese products. The yuan rose 21% versus the dollar from 2005, but its steady rise stalled in July, and has barely budged since.
Before leaving for trade talks in Beijing this month, Paulson told business representatives his biggest concern was that China would revise policy and reverse moves it had made during the past year to cut aid to exporters and stimulate domestic consumption.
Chinaâ??s five-year plan through 2010 aims to rebalance growth away from exports and increase domestic consumption, but so far it has met with dismal results. Household consumption declined to slightly more than 35% of Chinaâ??s gross domestic product (GDP) last year from 45% in 1993. By comparison, consumer spending represents almost 70% of the U.S. economy.
â??What separates China from the rest of the world is its incredibly low level of consumption relative to GDP,â? Brad Setser, a fellow at the Council on Foreign Relations in Washington, told Bloomberg News. â??What can China do that would most directly help the world economy during a period of very severe weakness? Get its consumption back up to 40% of GDP.â?
A shift in Chinese policy is bound to meet with resistance in U.S. business circles, especially among steelmakers. Lawyers representing Nucor Corp, the second-largest U.S. steelmaker, and smaller steel pipe makers say they are considering new trade complaints against China.
Investment News
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Nov
04
Dynasty Resources is your Gateway to business in China. Through partnerships with top companies, each specializing in a unique area of China business, Dynasty provides quality services that help you enter the most exciting market on earth. The competition is increasing from domestic and international, traditional, and non-traditional players in the China market.
Dynasty Resources and its financial partners provide the following financial services to Chinese companies:
1. Go public in the United States and become listed on the NASDAQ, the NYSE or Pink Sheets. There are several ways of accomplishing this. Reverse mergers are the most common and least costly method. Please see below for more on Reverse Mergers.
2. Go public in Europe or in the United States by way of Luxembourg, whose rules and regulations are lenient and tax laws are beneficial.
3. Go public by way of a SPAC Special Purpose Acquisition Company. A SPAC is a shell or blank-check company that has no operations but that goes public with the intention of merging with or acquiring a company with the proceeds of an initial public offering.
4. Provide venture capital / private equity investments from top US firms that specialize in China. Investment targets must be profitable and willing to undergo screening by internationally recognized accounting firms.
The China corporate finance financial services increased internationalization and privatization of China’s financial system is focusing the attention of institutions and regulators on performance and risk management. New and often competing information technologies promise cost savings, increased efficiency, real-time knowledge, and enhanced access to customers. Please visit online http://www.dynastyresources.net in NewYork city.
Representing the china corporate finance in the website www.dynastyresources.net
Nov
04
China Initial Public Offerings (ipos)
By · CommentsIPO stands for initial public offering and occurs when a company first sells its shares to the public. Enter Dynasty Resources, a small company with big ambitions for reshaping the way China and the US do business. IPOs can be a risky investment. For the individual investor, it is tough to predict what the stock will do on its initial day of trading and in the near future since there is often little historical data with which to analyze the company.
Dynasty Resources and its financial partners provide the following financial services to Chinese companies:
1. Go public in the United States and become listed on the NASDAQ, the NYSE or Pink Sheets. There are several ways of accomplishing this. Reverse mergers are the most common and least costly method. Please see below for more on Reverse Mergers.
2. Go public in Europe or in the United States by way of Luxembourg, whose rules and regulations are lenient and tax laws are beneficial.
3. Provide venture capital / private equity investments from top US firms that specialize in China. Investment targets must be profitable and willing to undergo screening by internationally recognized accounting firms.
A comprehensive monitoring of China corporate finance IPOs in India, their listings, process & financial information. Initial Public Offering (IPO), also referred to simply as a “public offering”, is when a company issues common stock to the public for the first time. They are often issued by smaller, younger companies seeking capital to expand, but can also be done by large privately-owned companies looking to become publicly traded. Please visit online http://www.dynastyresources.net in NewYork city.
Representing the china corporate finance in the website www.dynastyresources.net
