OrientHontai buys 53.5% of Mediapro

Spanish Soccer In Chinese Hands: OrientHontai buys 53.5% of Mediapro

Last October the Chinese investment fund Orient Hontai agreed to buy a majority stake in Spanish sports rights group Mediapro for $1 billion in order to change the Asian country into a global soccer powerhouse. Today the deal has been materialised and Orient Hontai officially become new owner of the Spanish soccer championship usually known as la Liga, Europe’s third-richest league.

China is home to the world’s four largest banks by assets.

Chinese Bank Brands Outperform Global Peers

The brand value of China’s top banks increased by 22% in 2017, more than double the average growth experienced by the world’s top 500 banks. The value of the 45 Chinese bank brands on the top 500 list rose to $317 billion, while the 76 US bank brands on the list were valued at $260 billion in total, according to new research from consultancy Brand Finance.

Donald Trump in China

5 Things to Know About Trump in China

Caixin | President Xi Jinping is hosting U.S. President Donald Trump in China for the first time since Wednesday. Trump’s visit is part of his whirlwind Asia tour that saw him spend three days in South Korea.Trump will be accompanied by a business delegation that includes the leaders of 28 U.S. companies.

Trump takes on Tax reform

Trump Takes On Tax Reform. What Does It Mean For Investors?

After several months of buildup, the Trump’s tax reform was finally unveiled on September 27. To better understand the potential implications for investors, Curt Overway, CFA from Natixis Global AM offers insight on what the tax reform proposal means for investors’ portfolios. A few observations can be made.

What Really Drives Latin American Equities

Latin American equities have been on a wild ride in recent years. After heavily underperforming global equity markets until 2015, their fortunes have turned. As pointed by Deutsche Bank AM, the MSCI Latin America Index is up by more than 20% in 2017. A closer look at correlations reveal Latin American equities correlate with metals and mining, not with politics.

Telefonica's Colombia affiliate

Telefonica Bails Out Colombian Affiliate

Telefonica has informed the Stock Market Regulator (CNMV) that it has reached an agreement with the Colombian government to hike capital for a total of €1.840 billion at its affiliate operating in the country, which is one of the main ones in the group. The reason for the capital increase is the debt the parent company has with the company which manages the pension funds.

Spain home market

Can The Solid Recovery Of Spanish Property Market Be Sustainable?

J.L.M. Campuzano (Spanish Banking Association) | The current strong recovery of Spanish housing market has re-opened the debate about its sustainability. Some figures could support it is. According to last Bank of Spain’s data, the net wealth of the Spanish families is rising at 6.9% on a y-o-y basis. It currently exceeds 119.4 % of GDP. As regards to housing wealth, it now means 420% of GDP. Also a better financial position of families with a debt level at 63.4 % of GDP very near the European average.

emerging economies

Dealing With Crises: How Have Emerging Economies Evolved?

Pablo Béjar | Having transitioned into a more complex global economy, today emerging and developing countries are less economically vulnerable than in the 1980s and 1990s. But how secure are these economies? How much less vulnerable quantitatively and more resilient are countries to macroeconomic crises that battered them over the last 35 years? More specifically, how has the probability of a currency and GDP crisis evolved during these last years?