April Wu

China Market Strategy

Banking News This Week – Mar 11

The top 5 banking news stories in emerging markets this week.

banking news_cover

1 – More Asian consumers going online for banking transactions

Digital banking is gaining traction across Asia, a multinational consultancy firm said in a study, with more developed economies in the region leading the shift as emerging markets, the Philippines included, follow suit.  >>

2 – Barclays Africa eyes faster expansion

BARCLAYS Africa Group is intensifying its expansion into the rest of the continent with applications for licences in several countries.  >>

3 - Bank earnings boost Nigerian market

Lifted by the banking sector, the NSE All Share Index finished last week with a 2.3 percent gain as investors reacted to the release of full year earnings by Zenith Bank and GT Bank. >>

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April Wu

China Market Strategy

Retail News Roundup – Mar 10

The top 5 retail news clips in Asia this week.

Newspaper

1 – Retailers urged to do better on big data

Retailers such as Myer and Woolworths have been urged to quiz customers when they leave stores empty-handed and grill shoppers who spend money at rival chains, to achieve better returns on their investment in big data. >>

2 – Apple’s market share in China rises to highest ever

The popularity of the iPhone 6 has driven Apple’s market share in China to its highest ever while Samsung has continued to lose ground, a consumer survey showed. >>

3 – French fashion brand Isabel Marant teams up with ImagineX for Greater China Expansion

French fashion brand Isabel Marant and Hong Kong-based distributor ImagineX Group said on Thursday that they have established an exclusive strategic partnership to expand the Isabel Marant brands in Greater China. Together they will develop Isabel Marant brand as well as its second line, Isabel Marant Étoile, to reach a dozen of points of sale over the next five years. >>

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April Wu

China Market Strategy

Banking News This Week – Mar 4

The top 5 banking news stories in emerging markets this week.

banking news_cover

1 – Standard Bank stimulates Africa-China investment

Standard Bank Namibia strongly encourages corporate and investment banking relations between Namibia and the Chinese business community.  >>

2 – Retail banking in emerging markets: game on for competitors

Industry experts say banks should partner with telcos to leverage branchless banking and increase competitive advantage.  >>

3 - VietinBank to announce PG Bank merger plan soon

VietinBank Chairman Nguyen Van Thang revealed the bank’s intention to news website BizLive, adding that the merger will be the shortest way for the bank to increase charter capital and assets, and expand its networks.  >>

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April Wu

China Market Strategy

Retail News Roundup – Mar 3

The top 5 retail news clips in Asia this week.

Newspaper

1 – Prada opens first store in Vietnam

Prada opened its first store in Vietnam, in the heart of Hoan Kiem, Hanoi’s prestigious shopping district. >>

2 – VN retailers face pressure as foreign firms enter the market

Vietnamese businesses are seeing significant pressure after the Government started allowing foreign investors to open wholly-owned retail companies in January. >>

3 – A new way for brands to boost sales with social media

A new study by Networked Insights, which monitors social conversations across networks including Twitter, YouTube and Reddit, found there’s a correlation between the way consumers talk about certain brand metrics, and a retailer’s same-store sales. >>

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April Wu

China Market Strategy

Banking News This Week – Feb 25

The top 5 banking news stories in emerging markets this week.

banking news_cover

1 – Report Uncovers 2015 Global Digital Banking Trends

The top ten digital trends covered in the Digital Banking Report (in no particular order) include: Increased Use of Customer Analytics, Expedited Deployment of Digital Delivery, Focus on Mobile-First Design. >>

2 – JPMorgan to Cut Costs, Charge for Some Deposits

JPMorgan projected nearly US$5 billion in lower expenses through 2017 with cuts in its corporate and investment banking, and consumer and community banking, segments.  >>

3 - China Rapid Finance Pre-Approves 50 Million Chinese Consumers for First-Time Loans

China Rapid Finance (“CRF”), a leader in Chinese marketplace lending and credit decisioning, today announced that it has extended pre-approved loan offers of 500 RMB (~US$80) to 50 million consumers including pre-screened users on QQ, Tencent’s leading social networking platform, with 820 million users, and customers of China Union Pay, China’s leading payment network. >>

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