Robyn's Feed
Sep 1, 2015
via Breakingviews

Focus Media relisting defies China’s market rout

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Focus Media’s homecoming has somehow survived China’s market meltdown. The Chinese advertising group is making a second attempt at a backdoor listing in Shenzhen after an insider-trading investigation thwarted its previous effort. Yet despite the stock market slump, Focus Media still has a valuation of 45.7 billion yuan ($7.2 billion). Other U.S.-listed Chinese companies eyeing a return to the mainland will need to be more realistic.

Sep 1, 2015
via Breakingviews

Focus Media relisting defies China’s market rout

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Focus Media’s homecoming has somehow survived China’s market meltdown. The Chinese advertising group is making a second attempt at a backdoor listing in Shenzhen after an insider-trading investigation thwarted its previous effort. Yet despite the stock market slump, Focus Media still has a valuation of 45.7 billion yuan ($7.2 billion). Other U.S.-listed Chinese companies eyeing a return to the mainland will need to be more realistic.

Aug 25, 2015
via Breakingviews

Alibaba still looks pricey despite selloff

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Alibaba stock still looks pricey despite the recent selloff. Less than a year after the Chinese web giant’s record $25 billion initial public offering, its shares have dropped below their $68 IPO price. Though macroeconomic worries have afflicted all Chinese companies, the group founded by Jack Ma is still highly valued when compared with rivals.

Aug 25, 2015
via Breakingviews

Alibaba still looks pricey despite selloff

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Alibaba stock still looks pricey despite the recent selloff. Less than a year after the Chinese web giant’s record $25 billion initial public offering, its shares have dropped below their $68 IPO price. Though macroeconomic worries have afflicted all Chinese companies, the group founded by Jack Ma is still highly valued when compared with rivals.

Aug 13, 2015
via Breakingviews

Lenovo turnaround will take more than cost-cutting

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Lenovo’s turnaround will take more than cost-cutting. The PC-to-smartphone maker will slash $1.35 billion from annual expenses after earnings halved in the second quarter. Restructuring may halt losses at the Motorola handset unit Lenovo bought last year. But any return to growth depends on a demand pickup.

Aug 13, 2015
via Breakingviews

Lenovo turnaround will take more than cost-cutting

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Lenovo’s turnaround will take more than cost-cutting. The PC-to-smartphone maker will slash $1.35 billion from annual expenses after earnings halved in the second quarter. Restructuring may halt losses at the Motorola handset unit Lenovo bought last year. But any return to growth depends on a demand pickup.

Aug 12, 2015
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Alibaba’s golden-child status hangs by a thread

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own. 

Alibaba’s golden-child status hangs by a thread. The Chinese e-commerce group announced disappointing quarterly revenue growth on Aug. 12, pushing the shares as close as they have ever been to last year’s float price. Investors haven’t much challenged founder Jack Ma’s free rein so far. A weakening business and over $100 billion of lost market capitalisation since the shares hit a high in November may change that.

Aug 4, 2015
via Breakingviews

China hits the brakes on financial disruption

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

China is hitting the brakes on disruption in the financial industry. The central bank is cracking down on the country’s $2 trillion online payments market, which is dominated by web giants Alibaba and Tencent. Proposed transaction limits and stricter security requirements appear to benefit traditional banks that have failed to keep up with online players. It’s a reminder that, even in China, there are limits to tech innovation.

Aug 4, 2015
via Breakingviews

China hits the brakes on financial disruption

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

China is hitting the brakes on disruption in the financial industry. The central bank is cracking down on the country’s $2 trillion online payments market, which is dominated by web giants Alibaba and Tencent. Proposed transaction limits and stricter security requirements appear to benefit traditional banks that have failed to keep up with online players. It’s a reminder that, even in China, there are limits to tech innovation.

Jul 27, 2015
via Breakingviews

China worries start now for Visa and MasterCard

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Visa and MasterCard’s challenges in China are just beginning. The country is set to open its $7 trillion bank card market to outsiders. But once in, Visa and MasterCard will face an entrenched incumbent as well as unpredictable online rivals like e-commerce group Alibaba. The duo’s shares have soared since Beijing’s announcement last October, but the hype around gaining a foothold in the People’s Republic looks premature.

    • About Robyn

      "Robyn Mak joined Reuters Breakingviews in 2013. Previously, she was a Research Associate for the Global Policy Programs at the Asia Society in New York where she focused on US-Iran relations, US-Myanmar relations and sustainability issues in Asia. She has also worked as a researcher at the Carnegie Endowment for International Peace in Washington DC. She holds a masters degree in international economics and international relations from the Johns Hopkins School of Advanced International Studies and is a magna cum laude graduate of New York University. Follow Robyn on Twitter @mak_robyn"
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