April Wu

China Market Strategy

July 12, 2016

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Retail News Roundup – Jul 12

The top 5 retail news clips in Asia this week.

1 – Video: Sa Sa International’s CFO on Hong Kong retail challenges

Guy Look, chief financial officer and executive director of Sa Sa International, discusses the state of retail in Hong Kong, the challenges facing retailers and his outlook for the sector. >>

2 – Lawson targets 3,000 more stores abroad

Lawson Inc, Japan’s second largest convenience store chain, plans to increase the number of its “Lawson” stores in strategic countries outside Japan to 3,000 over the next five years. >>

3 – Retail Asia Top 500 Retailers Ranking 2015

In 2015, the region’s top 500 retailers recorded total sales of US$964 billion, declining by 5 percent in current value terms due to the strong dollar. However, Chinese companies continued dominating the list, accounting for 33 percent of the ranking. >>

4 – Philippines: the rising star of Asian retailing

The Philippines is one of the fastest growing countries in Southeast Asia, with its GDP growth hitting 6.9 per cent in the first quarter of 2016. >>

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April Wu

China Market Strategy

July 6, 2016

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Banking News This Week – Jul 6

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

1 – In race to be Asia’s fintech hub, Singapore leads Hong Kong

Singapore is rushing to reinvent itself as Asia’s financial technology, or fintech, hub to fend off a regulatory threat to its wealth management industry and revive a sluggish economy. >>

2 – A WhatsApp Moment for Asia’s Banks

Remember paying an arm and a leg for text messages? Now all the telcos in the world combined can’t match WhatsApp’s 30 billion pings a day. Financial transactions will go the same way, and Asia may lead the trend, rather than following it a decade later. >>

3 – Asia-Pacific rides fintech growth wave

Major banks in Thailand are increasingly investing in fintech companies to develop innovative and efficient digital banking solutions for better customer service. >>

4 – Myanmar ‘SMEs in desperate need of new financing options’

The Myanmar government has been urged to find new approaches to boost financing for small and medium-sized enterprises (SMEs) as successful SMEs could help lower poverty in the country. >>

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April Wu

China Market Strategy

July 5, 2016

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Retail News Roundup – Jul 5

The top 5 retail news clips in Asia this week.

1 -Vietnam gears up for m-commerce

Companies can no longer ignore mobile e-commerce as a retail channel in Vietnam because more and more consumers are using their mobile devices to shop, according to a leading analyst at research firm Nielsen. >>

2 – Fast-fashion’s rapid growth starts to slow

The rocket ship that fast-fashion retailers have ridden during the past few years appears to be running out of fuel — at least if you rely on a recent court document. >>

3 -Adidas extends China sports push in agreement with billionaire

Adidas signed an agreement with billionaire Wang Jianlin’s Dalian Wanda Group to help develop soccer and basketball in China, as the German company seeks to capitalise on increasing interest in sports and fitness in the world’s most populous nation. >>

4 – Watson Indonesia launches store roll-out plan

Watson Indonesia plans to open up to 20 new stores this year. While there are more than 100 Watson stores in Singapore and more than 400 in the Philippines, the brand is under-represented in Indonesia, where to date just 47 have opened. >>

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April Wu

China Market Strategy

June 30, 2016

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Banking News This Week – Jun 30

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

1 – Philippine:AUB to double branch network

REBISCO group-led ASIA United Bank seeks to become a more significant player in the banking system by doubling its branch network while maintaining its long-term profitability at around 10-15 percent return on equity. >>

2 – RHB Bank eyes the affluent

Bank sees huge potential in this under-serviced segment and hopes to leverage on its regional links and expertise to help grow their investments. >>

3 – Forbes announces Vietnam’s 40 most valuable company brands

In the banking and financial sector, besides the three banks in the top 10 brands are other names: MBBank ($61.7 million), Phu Nhuan Jewelry (PNJ – $53 million), Techcombank ($39.7 million), Sacombank ($47.6 million), VPBank ($37.7 million), and ACB ($25.3 million). >>

4 – Korean banks lagging behind Asian rivals

Korea stands at rock bottom in terms of bank profitability and efficiency among major Asian countries, according to McKinsey & Company. >>

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April Wu

China Market Strategy

June 28, 2016

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Retail News Roundup – Jun 28

The top 5 retail news clips in Asia this week.

1 -McDonald’s gets first bids for 2,300 outlets in China and Hong Kong

McDonald’s has received more than half a dozen bids for its China and Hong Kong stores, including offers from Beijing Tourism Group, Sanpower and ChemChina, in an auction that could fetch up to US$3 billion. >>

2 – Japan’s Aeon to open 4th megastore, eyes expansion in Vietnam

Japanese retail giant Aeon has revealed an ambitious plan for Vietnam, where the retail market is forecast to grow nearly 12 percent a year to around US$179 billion in 2020. >>

3 -A Drastic Dearth of Mainland Chinese Visitors Hurts Hong Kong’s Retail Businesses

New Sa Sa stores are set to open in train stations and near the Mainland China border as the beauty retailer adapts to the changing demographic of Hong Kong shoppers. >>

4 – Tops Thailand parent plans aggressive expansion

Tops Thailand parent Central Food Retail has committed Bt6.5 billion (US$183 million) to open new stores during the next five years. >>

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