Monday, December 17, 2018

usa financial, trade, wholesale, retail agribusiness and food company

  • end shoe brand Stuart Weitzman for $574 million in 2015 and then scooped up quirky apparel brand Kate Spade for $2.4 billion earlier this year.  "In Tapestry, we found a name that speaks to creativity, craftsmanship, authenticity and inclusivity on a shared platform and values," the company said. https://www.cnbc.com/2017/10/11/coach-rebrands-itself-tapestry-as-brand-portfolio-grows.html
    • apparel
    - PVH Corp., formerly known as the Phillips-Van Heusen Corporation, is an American clothing company which owns brands such as Van Heusen, Tommy Hilfiger, Calvin Klein, IZOD, Arrow, Warner's, Olga, True & Co., and Geoffrey Beene. The company also licenses brands such as BCBG Max Azria, Chaps (men's dress shirts until 2020), Sean John, Kenneth Cole New York, JOE Joseph Abboud, Michael Kors, and Speedo (the latter under an exclusive perpetual license from Speedo International for the North American market).[2] PVH is partly named after Dutch immigrant John Manning Van Heusen, who in 1910 invented a new process that fused cloth on a curve.PVH owns 5 brands ~ Izod, Tommy Hilfiger, Van Heusen, Arrow and Calvin Klein and charters Kenneth Cole New York, Geoffrey Beene, Chaps, Michael Kors, Sean John, BCBG Max Azria and Joseph Abboud.The history of Phillips-Van Heusen (PVH) goes back in part to Dramin Jones, a Prussian immigrant who founded the shirt manufacturing company D. Jones & Sons, c. 1857.[7] Separately, in 1881, Moses Phillips and his wife Endel began sewing shirts by hand and selling them from pushcarts to local anthracite coal-miners in Pottsville, Pennsylvania. This grew into a shirt business in New York City that placed one of the first ever shirt advertisements in the Saturday Evening Post. D. Jones & Sons merged with M. Phillips & Sons in 1907 under the name Phillips-Jones[8] after Dramin Jones's death in 1903. Later Isaac Phillips met John Van Heusen, resulting both in their most popular line of shirts (Van Heusen), and in the subsequent acquisition of Van Heusen by Phillips-Jones and its renaming to Phillips-Van Heusen in 1957.[9] In 2011, Phillips-Van Heusen is renamed to PVH. The Phillips-Jones Corporation received a patent for a self-folding collar in 1919; the corporation released the product to the public in 1921 and it became successful. The first collar-attached shirt was introduced in 1929. The Bass Weejun was introduced in 1936. Geoffrey Beene shirts were launched in 1982. 

    Jewellery
    - david morris
    -  Signet Jewelers Ltd. (Ratner Group 1949-1993 then Signet Group plc to September 2008) is the world's largest retailer of diamond jewelry. The Hamilton, Bermuda-domiciled, Akron, OH-headquartered company is listed on both the New York Stock Exchange and the London Stock Exchange.

    Banking
    - bank of america

    • http://hk.apple.nextmedia.com/supplement/columnist/左丁山/art/20151226/19426612在皇后大道中碰到珠寶界前輩行尊羅雄焯先生，他說：「11月25日星期三，老梁還上來陸羽與我飲茶，怎知道他在星期四凌晨便上了天堂！」想深一層，上天如此安排，實在是梁翁的福氣，幾生修到！
      梁翁自戰後便從事銀行業，美國銀行於1950年代在港開設分行不久，梁翁便加入為行員，師從黃龍光先生，與左丁山的師傅屈偉堅先生為師兄弟。黃先生仙遊後，梁翁盡得其衣缽，發揚光大，於美國銀行大力拓展珠寶界業務，周大福、景福、鎮科、永華等等當時得令的香港珠寶商皆在美銀有戶口，梁翁聞名珠寶界，有美譽為The Jewellery Banker。左丁山於70年代中加入美銀，升為主任後某天擔任「值更主任」（即午飯時分留守分行），有一中年女士來到聖佐治大廈，要開戶口，聲言要申辦珠寶信貸業務，左丁山年少無知，把戶口據為自己的「業績」，誰知上司審批時，立即下令將戶口移至梁翁的部門辦理，由梁翁審批，一切珠寶行業的生意由他的部門主管。這位中年婦人的名字經梁翁一提：「細路，嗰位女士係恒基李兆基太太呀，你識唔識呀？」
    - citigroup

    • history
    • in 1901, m hartley, an industrialist and a developer ofremounting atms company, applied for a charter under the heading of "international company". In 1902, company's name changed to "the international banking corporation". He invited his friend thomas hubbard (who also managed the southern pacific company) yo serve on the board
    • http://www.reuters.com/article/us-citigroup-china-idUSKBN15M099 China unit said on Tuesday that it had received the so-called "Type A" bond settlement agent license from China's central bank, allowing it to add to its offering of sales, trading and research in the fixed-income business. Citigroup is the first U.S.-based bank to be granted the Type A license to act as a bond settlement agent in China's interbank bond market. Other global banks with such a license include Deutsche Bank AG (DBKGn.DE) and BNP Paribas SA (BNPP.PA).
    • hk
    • weber lo, head of citi hk operations scmp 5jul17
    •  http://orientaldaily.on.cc/cnt/finance/20170915/00202_023.html花旗前幾日搞咗個晚宴，專請番「舊生」同埋銀禧職員出席，話對銀行同金融界有貢獻嘅員工嘉許一番，當晚嘅聚會星光熠熠，好似花旗集團前行長陳子政、八達通行政總裁張耀堂等等，花旗集團現任香港及澳門區行長盧韋柏（Weber）都喺晒度。不得不提嘅就係，有「紅籌股之父」稱譽嘅梁伯韜，當年引進紅籌國企進入香港股票市場，所以拎到香港區「卓越舊生獎」。花旗人才輩出，唔怪得有銀行界「少林寺」之稱。銀行界人才多多固然係好，但唔少行業都擔心人工智能（AI）同埋機械人會取代人手。咁啱絲絲呢兩日睇到，花旗集團前CEO潘迪特（Vikram Pandit）話，人工智能同機械化會減少銀行後勤人手需求，仲話嚟緊五年，銀行界會有三成職位被取代。


    - Wells Fargo

    • http://www.scmp.com/business/banking-finance/article/1565748/wells-fargo-takes-retail-out-game-plan-china
    - Colonial BancGroup Inc. was a bank holding company headquartered in Montgomery, Alabama, United States that failed in 2009. It was a financial services company that, through its subsidiaries, provided diversified services, including retail and commercial banking, wealth management services, mortgage banking and insurance. The company was in the top 50 largest banks in the US prior to its failure and its subsidiary, Colonial Bank, operated 346 branches in the states of Alabama, Georgia, Florida, Nevada and Texas. The company ran into problems after it was revealed that it had bought $1 billion in mortgages from Taylor, Bean & Whitaker that Taylor Bean had forged, in one of the biggest fraud cases in history. On August 25, 2009 it filed for chapter 11 bankruptcy.[2] The banking assets and branches were sold to BB&T bank under a Federal Deposit Insurance Corporation(FDIC) brokered deal. The Bank was founded in 1974 in Montgomery, Alabama as Southland Bancorporation. The company changed its name to The Colonial BancGroup, Inc. in 1981. The principal activity of the BancGroup was to supervise and coordinate the business of its subsidiaries, and to provide them with capital and services. The BancGroup derived substantially all of its income from dividends received from Colonial Bank, its banking subsidiary. The BancGroup's subsidiary Colonial Brokerage, Inc. provided full service and discount brokerage services and investment advice. The BancGroup had interests in several residential and commercial real estate developments located in the southeastern United States, as well as two in the central Texas area. On January 31, 2006, Colonial Bank sold its interest in Goldleaf Technologies, Inc., which provides Internet and automated clearing house services to community banks. At the end of the fourth quarter of 2008, Colonial Bancgroup had a Texas ratio of 53.4%, up from a figure of 25% in the first quarter of 2008.

    • The bankruptcy trustee for Taylor, Bean & Whitaker Mortgage Corp., once one of the nation’s biggest privately held mortgage companies, is suing PricewaterhouseCoopers as the auditor of Colonial Bank, seeking $5.5 billion in damages. The trustee alleged in the 2013 suit that PricewaterhouseCoopers was negligent in not detecting a massive fraud scheme that brought down Taylor, Bean & Whitaker, which led to the 2009 collapse of Colonial Bank, a Montgomery, Ala. bank with $25 billion in assets, one of the biggest U.S. bank collapses during the Great Recession.
    • Colonial Bank, formerly a subsidiary of Colonial BancGroup, was headquartered in Montgomery, Alabama. Colonial Bank had 346 branches in the states of Alabama, Georgia, Florida, Nevada and Texas.The bank ran into problems after it was revealed that it had bought over $1 billion in mortgages from Taylor, Bean & Whitakerthat Taylor Bean did not own in one of the biggest fraud cases in history. The CEO of Taylor, Bean & Whitaker, Lee Farkas, was put on trial and found guilty of fraud. Bobby Lowder, the CEO of Colonial Bank, was investigated and was not involved with the fraud.
    • A federal judge on Monday said PricewaterhouseCoopers LLP must pay $625.3 million in damages to the Federal Deposit Insurance Corp for failing to uncover fraud that led to one of the largest bank failures of the global financial crisis. U.S. District Judge Barbara Rothstein found it more likely than not that PwC’s negligence was the proximate cause of FDIC damages from the August 2009 demise of Montgomery, Alabama’s Colonial BancGroup Inc, once among the 25 largest U.S. banks. Rothstein said PwC failed to uncover a multi-year fraud between Colonial, its former client, and Ocala, Florida-based Taylor, Bean & Whitaker, once the nation’s 12th largest mortgage lender and a major Colonial customer.https://www.reuters.com/article/us-at-t-directv-now/pwc-must-pay-fdic-625-3-million-over-banks-collapse-u-s-judge-idUSKBN1JS2CB
    - First Interstate BancSystem, Inc., is a financial holding company for both the company and its primary banking subsidiary First Interstate Bank. Both are based in Billings, Montana.The bank originated in 1968 as a single bank in Sheridan, Wyoming, and incorporated in Montana in 1971. One of the banks that is now part of the system was the First National Bank of Casper which traces its roots to the C.H. King and Company Bankers founded in 1889 by Charles Henry King, grandfather of President Gerald Ford.In 1984, the company entered into a franchise agreement with First Interstate Bancorp, a multi-state bank holding company headquartered in Los Angeles, California, to use the First Interstate Bank name and logo. In 1996, First Interstate Bancorp sold its Midwestern USA branches to St. Louis-based Boatmen's Bancshares, setting the stage for its remaining west coast operations to be purchased by and merged into Wells Fargo. The Montana organization successfully negotiated to retain the well known First Interstate name and logo.
    - Emigrant Bank (formerly Emigrant Savings Bank) is a private American financial institution, it is the oldest savings bank in New York City and it was the ninth-largest privately owned bank in America in 2012.[1] It is the largest privately-held, family-owned and operated bank in America in 2019.[2] It has several online-only divisions that offer high yield savings accounts, including Emigrant Direct, Dollar Savings Direct and their latest offering, My Savings Direct. Emigrant Bank is a subsidiary of New York Private Bank & Trust Corporation and as of March 31, 2019 its assets were US$5.696 billion.The bank was founded in 1850 by 18 members of the Irish Emigrant Society with the goal of serving the needs of the immigrant community in New York.[4] The headquarters used to be at the Emigrant Industrial Savings Bank building on Chambers Street. Emigrant Savings collected extensive records of the arriving Irish immigrants to America, which were later donated to the New York Public Library and serve as valuable genealogical resources.In 1986, The Emigrant Savings Bank converted from a mutual to a stock savings bank following several years of loss in an unfavorable environment. The bank increased its online presence with the introduction of the virtual bank Emigrant Direct in 2005.The Milstein family owns the bank; Howard Milstein is Chairman, President & Chief Executive Officer of Emigrant Bank.

    • In October 2016, The China Association for International Exchange of Personnel (CAIEP) gave Howard Milstein the Marco Polo Award, the highest honor given to a non-Chinese citizen. In April, 2014, Milstein received the Insignia of Chevalier in the Legion of Honor—the French Legion of Honor.[15] In 2008, he was named the Entrepreneur of the Year by Cornell University.


    - east west bank

    • people
    • dominic ng, chairman & ce 
    • article to scmp 4oct19 
    - Royal Business Bank is a Chinese American bank based in Los Angeles, California. It is one of the biggest Chinese American banks in the country. It has branches in California, Nevada, and New York.The Bank was founded by Louis Chang [2] in November 2008 in Los Angeles, California. It started out with one location but since 2011, it has opened three new locations in San Gabriel, Torrance, and Rowland Heights. As of 2011 it has acquired First Asian Bank, Las Vegas, Ventura County Business Bank, Oxnard, Los Angeles National Bank, Buena Park, and TomatoBank, Alhambra spreading its coverage all over California and Las Vegas.


    Credit card
    - mastercard

    • http://www.scmp.com/business/banking-finance/article/1879507/mastercard-sees-double-digit-growth-china-e-commerce Global payment operator MasterCard sees double-digit annual growth in credit card transaction volumes in mainland China, lifted by the booming e-commerce industry in the world’s second-largest economy, a senior executive said on Monday. The mainland’s plan to open up its domestic transactions market to foreign companies such as MasterCard would be a “game-changer”, MasterCard Asia-Pacific co-president Ling Hai said on the sidelines of the Asia-Pacific Economic Cooperation (Apec) summit in Manila. MasterCard’s current business on the mainland is mostly handling cross-border transactions when international travellers visit China or when Chinese cardholders go overseas. The domestic market has long been dominated by state-backed China UnionPay. “That’s going to change with China opening up. We will be able to process domestic transactions just like a domestic national player,” Ling said, adding that the timeline for such opening up remained unclear.
    • https://www.bloomberg.com/news/articles/2019-08-06/mastercard-buys-nets-unit-for-3-19-billion-in-largest-takeover Mastercard Inc. agreed to buy a payments platform owned by Denmark-based Nets for 2.85 billion euros ($3.19 billion), using its biggest-ever acquisition to help extend a push into faster payments. With the purchase, Mastercard is getting an electronic-billing platform and clearing and instant-payment services, according to a statement Tuesday. The company said the purchase will hurt profit for as long as two years after it’s completed, which is expected in the first half of 2020.
    • http://www.chinadailyasia.com/business/2016-06/02/content_15443217.htmlMasterCard Inc and Rural Credit Cooperatives in Zhejiang province have jointly launched the Fengshou Card, the first rural credit card issued by provincial cooperatives in China, in a move they said further advances financial innovation and inclusive financial services in the countryside. The State Council in January promised to make banking and lending services more inclusive, meaning making them more accessible to ordinary people, especially in remote areas. The first Fengshou card, or literally Harvest Card, was issued in Yiwu in the province.


    - visa

    • http://www1.hkej.com/dailynews/articlePrint/id/1100852 信用卡公司與網上付款平台，一向被視為競爭對手，但天下間沒有永遠的敵人。全球最大支付公司Visa，其北亞區新興和創新產品總經理鄭道永（Paul Jung）透露，現正與騰訊（00700）旗下支付平台財付通洽商，就香港流動支付等範疇進行合作，讓港人可廣泛使用微信，支付各類賬單。換言之，財付通登港指日可待。 鄭道永接受專訪時直言：「我們不能對客戶要求視而不見，如客戶想用其他支付方式，包括微信，我們就應該和微信合作。如同香港人的銀包裏都有很多張信用卡一樣，不是『有你無我』，相信現在就是合作的好時機。」 但他拒絕透露雙方確實合作時間及內容；他又說，除了騰訊之外，該公司亦與很多內地科網公司磋商。

    Payment solutions
    - paypal

    • http://www.euronews.com/2017/07/18/paypal-and-visa-extend-partnership-deal-to-europe PayPal and Visa have struck a deal enabling the online payments service to issue debit cards in Europe. It’s an extension of the two companies’ collaboration in the US and Asia-Pacific. PayPal already has a banking licence in Europe and offers pre-paid cards with Mastercard in some countries such as Italy. The move to expand its service to PayPal-branded Visa debit cards could appeal to small businesses or to customers who use the online service and want to extend it to card spending. The deal will give PayPal users access to Visa’s contactless points in European stores.
    • hk 
    • people
    • winson chan business consultant merchant acquisition wcchan@paypal.com room 301-4, 3/f harcourt house 39 gloucester road 

    - First Data Corporation http://fdmsgroup.com/, product pogo, has HK website
    - stripe
    •  http://www.cnbc.com/2017/07/09/stripe-strikes-global-partnerships-with-chinas-alipay-wechat-pay.html Silicon Valley startup Stripe has partnered with digital payment providers Alipay and WeChat Pay to enable merchants using its platform globally to accept payments from hundreds of millions of Chinese consumers.The partnership coincides with the company's launch in Hong Kong.


    Investment bank
    - goldman sachs

    • http://www.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=16PR7 The Securities and Futures Commission (SFC) has publicly censured Goldman Sachs (Asia) L.L.C. (Goldman Sachs) for breaches of the Code on Takeovers and Mergers (Takeovers Code) whilst acting as a financial advisor to Wing Hang Bank, Limited (Wing Hang Bank) in relation to a voluntary general offer for the bank (Note 1). Goldman Sachs’ conduct fell far short of the standards expected of a financial advisor under the Takeovers Code in that between 8 November 2013 and 6 January 2014:Goldman Sachs executed 111 trades in the securities of Wing Hang Bank without making the requisite dealing disclosures and no prior consent was obtained as required for 26 of these trades (Note 2); and Goldman Sachs failed to comply with the restrictions on issue and distribution of research reports in relation to the research reports it published on Wing Hang Bank. In deciding the sanction, the SFC took into account Goldman Sachs’ cooperation and self-reporting of the breaches.
    • https://www.ft.com/content/26b97c08-d4e1-11e8-ab8e-6be0dcf18713 Goldman Sachs’ two most senior Asia Pacific investment bankers Andrea Vella and Kate Richdale are moving out of their management roles, as the ripples from David Solomon’s appointment as chief executive spread across the Pacific.  A person familiar with the situation told the Financial Times the bank would announce the duo’s move from co-heads of Asia Pacific ex-Japan investment banking to ‘chairmen’ role in the coming days as Goldman Sachs International boss Richard Gnodde jets into Hong Kong for his first trip since adding Asia to his responsibilities. Todd Leland, an investment banker who moved to Hong Kong a year ago as the region’s co-president, will become head of Asia Pacific investment banking — a change that was not envisioned when he first arrived. Mr Leland will remain as co-president alongside James Paradise, who also leads the Asia Pacific securities division. The bank has not had a chairman for investment banking since Tim Freshwater left the role in 2011.
    • https://www.goldmansachs.com/insights/outlook/bios/kate-richdale-bio.pdf
    •  https://www.cnbc.com/2018/11/01/us-charges-former-goldman-bankers-for-1mdb.html U.S. prosecutors unveiled criminal charges on Thursday against two former Goldman Sachs bankers and Malaysian financier Low Taek Jho tied to the alleged theft of billions from Malaysian sovereign wealth fund 1MDB. Prosecutors in the U.S. Attorney's Office in Brooklyn announced that Tim Leissner, former partner for Goldman Sachs in Asia, had pleaded guilty to conspiracy to launder money and conspiracy to violate the Foreign Corrupt Practices Act, and agreed to forfeit $43.7 million. Roger Ng, the other charged former Goldman banker, was arrested in Malaysia at the request of U.S. authorities and is expected to be extradited, according to John Marzulli, a spokesman for the prosecution. The third person, the financier popularly known as Jho Low, remains at large. Malaysian authorities have issued an arrest warrant for him and have also applied for an Interpol red notice seeking assistance from the United Arab Emirates, Indonesia, India, Myanmar, China and Hong Kong.
    •  The Federal Reserve Board on Tuesday announced that it is prohibiting Tim Leissner and Ng Chong Hwa, also known as Roger Ng, from the banking industry for their participation in a scheme to illegally divert billions of dollars from a Malaysian sovereign wealth fund. Leissner was also fined $1.42 million and consented to the permanent ban.https://www.federalreserve.gov/newsevents/pressreleases/enforcement20190312a.htm
    •  涉及一馬弊案的高盛集團前銀行家黃宗華上周五被引渡到美國後，周一在紐約法院提堂，否認三項控罪。法官准許他以二千萬美元（約一億五千六百萬港元）保釋外出，他需要戴上腳鐐，並軟禁在紐約市內一個住所內。四十七歲的黃宗華曾是高盛集團東南亞行銷與貿易負責人，在二○一四年四月離職。https://orientaldaily.on.cc/cnt/china_world/20190508/00180_019.html
    • uk
    • "Goldman Sachs to take on UK retail banks" ft 11sep17


    - JP Morgan
    • http://hk.apple.nextmedia.com/supplement/columnist/%E5%B7%A6%E4%B8%81%E5%B1%B1/art/20150216/19043307 漢華實業銀行，英文名係Manufacturers Hanover，80年代後期與美華銀行（Chemical Bank）合併，冇咗個名，美華後來又與大通銀行（Chase Manhattan）合併，冇咗個名，大通卒之在21世紀之初與摩根合併，四銀行併為一間嘅銀行就係J. P. Morgan Chase，稱摩根大通。K君由港華做到美華，再做到大通，卒之去咗紐約，選擇退休後再受聘於中資銀行做合規及反洗錢顧問。
    • Todd Martin (Fang Fang, who left earlier, was his subordinate) and Catherine Leung to leave due to hiring of guan er dai singtao 14feb15 b10, hkej 14feb15 a4
    • http://pdf.wenweipo.com/2016/09/07/b04-0907.pdf 摩根資產管理昨宣佈，該公司 已獲上海自貿區市場監督管理局批准，在上海自 貿區成立「摩根資產管理（上海）有限公司」， 該公司由摩根大通集團全資擁有。摩根資產管理 是首家公司獲批在上海自貿區成立外商獨資資產 管理公司。 加強內地業務平台 長期以來，摩根資產管理致力於開展中國業 務，十二年來與上海國際信託合作發展上投摩根 基金管理有限公司，同時積極參與QDII、QFII、 RQFII、滬港通及內地與香港基金互認等跨境項 目。摩根資產管理亞太區行政總裁范奕勤表示， 摩根大通及其前身自 1921年開始在中國開展業 務，今次「成立外商獨資資產管理公司將進一步 加強我們在中國大陸的業務平台，為我們的資產 管理業務和投資者服務的長期發展奠定基礎。」 摩根資產管理（上海）有限公司的法人代表是 摩根資產管理中國區總裁王琼慧，她對中國市場 認知深厚，同時擁有豐富的金融從業和工作經 驗，將有力領導中國團隊進一步深耕公司的在華 業務。
    • https://www.ft.com/content/fc32b64e-ac87-11e6-ba7d-76378e4fef24 JPMorgan has agreed to pay $264m to settle a US probe into its practice of hiring well-connected Chinese “princelings” to win business. In 2009, an official with a state-owned Chinese energy company, which was considering investment banks to handle its upcoming initial public offering, made clear that the bank would get a bigger role if it found a job for an unrelated individual he described as his “nephew”, according to the DoJ agreement. The official wrote letters, made repeated phone calls and sent frequent text messages to JPMorgan executives pressuring them to help. After interviewing the candidate, who lacked the necessary skills and interest, New York-based bankers concluded they could not make a job offer. Instead, in February 2010, executives in the bank’s Hong Kong office “created a position for the referred candidate in the New York office” funded by the bank’s Asia-Pacific subsidiary. The one-year post led a few months later to JPMorgan being selected to handle part of the IPO, which earned the bank a $23.8m profit, says the agreement. http://www.scmp.com/business/companies/article/2047045/jpmorgan-pays-us264-million-fine-settle-us-probe-nepotism-hires Gao Jue, son of commerce minister Gao Hucheng, got a job at the bank. Tang Xiaoning, son of the China Everbright Group’s president Tang Shuangnin, also worked at the bank, after having worked at Goldman Sachs and Citigroup. Some officials also referred relatives or their friends’ children to intern at the bank.
      Peter Pang, deputy chief executive of the Hong Kong Monetary Authority, referred his son to JPMorgan for an internship in 2006. Charles Li, current chief executive of the Hong Kong Stock Exchange, referred the daughter of former China Securities Regulatory Commission’s official Huang Hongyuan to an internship while he was chairman of the bank’s China business from 2003 to 2009. JPMorgan wasn’t the sole bank to be investigated. HSBC, Goldman Sachs & Co., Credit Suisse, Deutsche Bank and UBS have all been queried about their hiring practises.
    • economist 14mar2020 "the house that jaime built"


    Peer-to-peer lending
    - https://www.lendingclub.com/
    • Lending Club picks NYSE for landmark IPO http://www.ft.com/intl/cms/s/0/a559205c-560c-11e4-a3c9-00144feab7de.html

    Private Equity
    - Berkshire Hathaway

    • http://paper.takungpao.com/resfile/PDF/20150617/PDF/b5_screen.pdf 億萬富豪巴菲特透購買澳洲大型綜合 保險公司股票，擴大其於亞洲保險市 場投資，此舉有助股神旗下公司在亞 洲 地 區 擴 張 業 務 。 澳 洲 Insurance Australia Group周二宣布，巴郡初步 將以5億澳元購買該公司3.7%股權， 此為10年合作項目其中一部分。巴菲 特透過此宗交易以鞏固其於規模115 億澳元的澳洲綜合保險市場地位，長 期可望受惠Insurance Australia在亞洲 市場擴展業務策略。巴菲特在此宗交 易 聲 明 中 稱 ， 巴 郡 與 Insurance Australia超過15合作，期間兩間公司 達至良好共識，彼此尊重。
    - tpg

    • http://www.ft.com/cms/s/0/0026695c-1437-11e5-9bc5-00144feabdc0.html TPG, one of the world’s biggest private equity houses, is making its first foray into Africa as it prepares to invest up to $1bn in Africa through a tie-up with Sudanese billionaire Mo Ibrahim. The money will come from TPG Growth, the US firm’s middle market platform, rather than from raising a specific fund for Africa, and will work with Mr Ibrahim’s $500m private equity fund, Satya Capital.

    - Taubman Asia

    • http://www.scmp.com/property/hong-kong-china/article/1549702/taubman-asia-investing-us600m-new-shopping-centres
    • https://www.forbes.com/sites/bradthomas/2015/05/28/taubman-brand-expands-to-china/#41ea59ce129c in markets like CityOn.Xi'an Taubman is investing around $385 million and the company expects to generate cash-on-cash returns of around 6.25% (on Taubman's 30% share). Likewise in Hanam Union Square in South Korea, Taubman is expected to open a $1.1 billion mall in Late 2016.
    • http://www.chinadaily.com.cn/cndy/2017-03/23/content_28648067.htm The group opened a new project in Zhengzhou, capital of Henan province, on March 16. It isanother result of the collaboration between Taubman Asia, a subsidiary of Taubman Centers, and Wangfujing Group, one of China's largest department store chains. The first project waslaunched in Xi'an, the capital of Northwest China's Shaanxi province, in April 2016.
    - blackstone

    • http://www.scmp.com/property/hong-kong-china/article/1850578/china-shopping-mall-operator-insite-targets-cheap-assets Insite (China), a management-owned retail property fund and mall operator, will speed up expansion in tier-1 mainland Chinese cities in the next five years as chairman and chief executive Dickson Sezto sees abundant opportunities in buying malls on the cheap, given the oversupply and the threat from e-commerce. The company, backed by US private equity fund Blackstone at its start in 2008, has established a strong name in the Chinese market, especially in Shanghai, by providing consulting services to developers and mall owners including Joy City Property Holdings and China Vanke. The vast number of projects it has advised and the experience gained over the past six years will take the company to its next level - to gain full ownership or management of malls, the way Starwood Hotels & Resorts Worldwide expanded in the global hotel industry. "Wanda is now bigger. But in the future, we'll be bigger," Sezto said, referring to the country's biggest shopping mall developer, controlled by Wang Jianlin.
      In 2011, Sezto and his management team bought out Blackstone. His company now owns a shopping mall in Changsha. It also has full long-term management contracts of two projects in Shanghai and one each in Nanjing and Chongqing, with a combined investment of more than 6 billion yuan. Three more projects are in the pipeline.
    • 私募基金黑石集團在年報中披露，截至二月二日為止，中國主權財富基金中投已不再持有任何黑石股份，去年同期則有五千四百五十萬股，意味長達十一年的持股關係告一段落。http://orientaldaily.on.cc/cnt/finance/20180315/00202_002.html
    • https://www.scmp.com/business/companies/article/2178932/blackstone-buys-shanghai-office-and-mall-project-singapores The Blackstone Group has bought an office and retail complex in Shanghai from Mapletree Investments of Singapore for about US$1.25 billion – the latest mega deal in China’s commercial property sector clinched by offshore investors.
    • https://www.reuters.com/article/us-glp-m-a-blackstone-group/blackstone-in-record-187-billion-deal-to-buy-us-warehouse-assets-from-glp-idUSKCN1T402V


    - paine and partners
    - simon property group

    investment management
    - BlackRock, Inc. is an American global investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager.

    • bets big lithium electric car ft 16sep17 
    - wellington management
    • In 1928, Philadelphia-based accountant Walter L. Morgan established the first balanced mutual fund in the United States, the Wellington Fund.[3] Wellington Management Company was incorporated in 1933. In 1951, the firm hired John C. Bogle, who succeeded Morgan as chairman in 1970. In 1967, Wellington merged with Boston-based investment management firm Thorndike, Doran, Paine & Lewis.[4] Bogle left in 1974 and established The Vanguard Group, retaining Wellington to manage some of Vanguard's funds. In 1979, Wellington's 29 original partners bought back the firm after a period as a public company. In 1994, Wellington offered its first Luxembourg-domiciled UCITS fund. Also in 1994, Wellington offered its first hedge fund. 
    • hold shares in longyuan power


    Asset Management
    - http://www.elliottmgmt.com/, one of the shareholders of Guoco

    • incidents singtao 12feb15 b1


    Venture capital
    - Silicon Valley Bank (NASDAQ: SIVB) is a U.S.-based high-tech commercial bank with offices in a number of other countries. The bank has helped fund more than 30,000 start-ups. SVB Financial is the holding company for the bank.Silicon Valley Bank (SVB) was founded in 1982; its first office opened in 1983. The bank’s main strategy was collecting deposits from businesses financed through venture capital. It then expanded into banking and financing venture capitalists themselves, and added services aimed at allowing the bank to keep clients as they matured from their startup phase.
    • SPD Silicon Valley Bank plans to open a branch in Shenzhen in the summer of 2018, another big step in its robust expansion in China. The Shanghai-headquartered bank opened its Beijing branch in February and signed a memorandum with the Shenzhen government on Thursday on the establishment of a branch in the city, a technology and innovation hub. SSVB will invest 100 million yuan ($14.52 million) as the startup capital for its Shenzhen branch and support its "solid growth" with additional capital, according to Dave Jones, the bank's president. "Our target customers are venture capital-backed innovation companies," Jones said during the 2017 China (Guangdong)-US Investment Cooperation Conference in Guangzhou, the provincial capital, on Thursday. Jones emphasized that right now the Chinese mainland has its "almost 100 percent concentration", although the Silicon Valley Bank seeks Singapore as a potential second location in Asia. SSVB is a joint venture between Shanghai Pudong Development Bank Co Ltd and US-based Silicon Valley Bank. It was founded in 2012 as China's first commercial bank dedicated to technology and innovation startups. It introduced renminbi business to its Chinese customers in September 2015 and was selected in April last year as one of the three pilots in Shanghai for trials of an investment-loan linkage mechanism to help small and medium-sized technology companies.http://www.chinadaily.com.cn/business/2017-04/25/content_29069630.htm
    - GGV Capital http://www.ggvc.com/

    Family Office
    - bayshore global management

    • http://www.chinadaily.com.cn/cndy/2015-04/17/content_20453707.htm Through Bayshore Global Management, the Google Inc co-founder has hired former bankers andphilanthropy experts to help manage his $30.1 billion fortune. He's employed a former Navy Sealand SWAT team veteran for security, and a yacht captain to handle his aquatic endeavors. Afitness coordinator, a photographer and archivist help run his life. Bayshore, based in Los Altos, California, provides a glimpse into the services family officesbestow upon the wealthy beyond investing and accounting. As the number of billionaires hassurged worldwide in recent years, demand for people who can provide niche skills - anddiscretion - has jumped.
    - elliott

    • http://www.scmp.com/business/companies/article/1823679/us-investor-elliott-takes-aim-asias-family-run-firms
    Retirement plan
    - The Principal Financial Group is a global financial investment management leader headquartered in Des Moines, Iowa. The Principal Financial Group (Principal) offers businesses individuals and institutional clients a wide range of financial products and services including retirement, asset management and insurance, through its diverse family of financial services companies. Principal has offices in 18 countries throughout Asia, Australia, Europe, Latin America and North America. As of March 2014, Principal employed 14,600 employees worldwide, with its Global Delivery center, Principal Global Services, in Pune, Maharashtra, India.

    • http://paper.takungpao.com/resfile/PDF/20160426/PDF/b1_screen.pdf 信安金融早前與建行（00939）簽署戰略合作協議，在養老金業務展開合作。信安金融集團北亞地區副總裁張維義接受大公報專訪時表示，中國養老金市場潛力龐大，希望未來兩至三年先協助建信養老金管理公司成立及完善投資團隊，最終目標是入股正式參與內地養老金市場。他續稱，“中國已成為信安美國以外第四大盈利貢獻地區，是集團重要市場，未來一段時間將加大中國投資”。\大公報記者 邵淑芬 　　信安金融早於2005年與建行合作成立合營公司建信基金，十年來發展理想。十年來合作無間，建行去年11月成立建信養老金管理公司，亦找來信安合作。張維義表示，“中國正進行改革，不只經濟轉型，企業亦需轉型，建行亦不例外。由過去依賴中間利息收入，正逐步轉為中間收入為主，資產管理將是未來第二個引擎。”他指，信安是國際上最大的退休金資產管理公司之一，故希望兩者合作，一可協助建行轉型，信安亦可打入內地養老金市場。



    Crowdfunding
    - http://www.chinadaily.com.cn/business/2015-06/18/content_21037258.htm The world's first company to successfully crowdfund equity investment for real estate online is seeking a China market entry, backed by a Chinese social media company.
    Fundrise, a Washington DC-based real estate investment crowdfunding company, received $27 million in funding from Beijing-based Renren Inc, Benjamin Miller, co-founder and chief executive officer of Fundrise, told China Daily. It is a small part of the Renren's pivot to Internet finance. The company began buying into many tech startups as its Facebook-like business lost momentum. As much as $500 million in venture capital has been invested in more than 30 deals, and more than half of that money went into e-finance, according to Forbes. Renren declined to comment on those numbers or on its specific investment in Fundrise. Founded in 2012, Fundrise's website allows lenders to invest in specific properties in US cities for as little as $100 per share and as much as $10 million. Returns have typically been 12 to 14 percent, the company said.

    Stock Exchange
    - NYSE

    • new york institute of finance http://www.nyif.com/
    • people
    • betty liu re trip to asia https://beta.scmp.com/news/article/2178130/chinese-tech-start-ups-are-turning-away-us-and-towards-southeast-asia-amid
    - nasdaq

    • kiv china related stocks
    • tarena (beneficiaries of education 13th 5yr plan?)


    - chicago stock exchange

    • http://www.reuters.com/article/us-chicagostockexhange-m-a-chongqing-idUSKCN0VE1NC Chicago Stock Exchange Inc, one of the oldest exchanges in the United States, on Friday announced its planned sale to an investor group led by China's Chongqing Casin Enterprise Group. The parties did not disclose terms of the deal, which is expected to close in the second half of the year. If regulators approve the deal, this would be the first sale of a U.S. exchange to investors from China but not to a foreign entity. A unit of Germany's Deutsche Boerse AG (DB1Gn.DE) purchased the International Securities Exchange in 2007. Under new ownership, the Chicago Stock Exchange, which is known as CHX, would have the funding for efforts like revamping its listings program, Chief Executive Officer John Kerin said in an interview. "They like our strategy, and they want us to continue to execute on it," he said. The 134-year old bourse plans to seek approval to list U.S. companies that want to access the capital markets but may not meet the standards of Nasdaq Inc (NDAQ.O) or Intercontinental Exchange Inc's (ICE.N) New York Stock Exchange. A long-term objective of Casin Group, a privately held company that invests in real estate development and financial holdings, is to list Chinese companies in the United States, Kerin said. Casin Group is also considering starting an equities exchange in Chongqing in Southwest China using CHX's model and technology, Kerin added.
    • http://www.chinadaily.com.cn/business/2016-12/16/content_27685800.htm The Chicago Stock Exchange has cleared a major hurdle as it attempts to sell itself to a Chinese-led investment group. The Committee on Foreign Investment in the US, known as CFIUS, on Wednesday approved the exchange's proposed sale to Chongqing Casin Enterprise Group Co and others, said Drew Mauck, a spokesman for the Chicago Stock Exchange. Signed in February, the deal is still subject to approval by the US Securities and Exchange Commission.

    - CME Group
    • http://www.ft.com/intl/cms/s/0/3e73226a-5e5a-11e4-bc04-00144feabdc0.html#axzz3I5WNafOm 
      CME Group is considering buying a stake in the Korea Exchange (KRX), the US company’s chief executive said, amid fierce competition among leading exchange operators to expand their presence in Asia.
    • 衍生品市場芝商所與建設銀行(0939)，昨天宣佈簽署諒解備忘錄，以進一步深化其商業合作關係。建行董事長王洪章表示，建行希望通過與芝商所這樣創新的金融機構合作，以助力倫敦離岸人民幣市場的發展。現倫敦進行實物交割 根據備忘錄，建行有意參與由CME Benchmark Europe Limited管理的倫敦白銀定價，並推動建行中國客戶交易芝商所的產品。芝商所和建行計劃與中國和英國當局接洽，討論發展一系列資產類別的人民幣產品，及拓展中國公司和金融機構進入國際資本和倫敦市場的途徑。芝商所現可提供首次在倫敦實物交割的離岸人民幣（CNH）期貨合約。合約將由芝商所的歐洲交易所CME Europe提供。建行作為人民銀行授權的倫敦人民幣業務清算行，將為這些合約給予支援。 CME Europe自2014年4月成立以來，一直提供在香港交割的美元/離岸人民幣和歐元/離岸人民幣的實物交割離岸人民幣期貨合約。現在，為CME Europe提供清算服務的CME Clearing Europe將與建行合作。CME Europe計劃修改這些合約，實現在倫敦的實物交割，從而為市場用戶帶來節省成本和時間的優勢。http://pdf.wenweipo.com/2015/10/20/b03-1020.pdf
    commodities
    - The Archer Daniels Midland Company (ADM) is an American global food processing and commodities trading corporation, headquartered in Chicago, Illinois.[2][3][4] The company operates more than 270 plants and 420 crop procurement facilities worldwide, where cereal grains and oilseeds are processed into products used in food, beverage, nutraceutical, industrial, and animal feed markets worldwide.

    credit rating
    -  Moody's Corporation, often referred to as Moody's, is an American business and financial services company. It is the holding company for Moody's Investors Service (MIS), an American credit rating agency, and Moody's Analytics (MA), an American provider of financial analysis software and services. Moody's was founded by John Moody in 1909 to produce manuals of statistics related to stocks and bonds and bond ratings. Moody's was acquired by Dun & Bradstreet in 1962. In 2000, Dun & Bradstreet spun off Moody's Corporation as a separate company that was listed on the NYSE under MCO. In 2007, Moody's Corporation was split into two operating divisions, Moody's Investors Service, the rating agency, and Moody's Analytics, with all of its other products.
    •  https://www.bloomberg.com/news/articles/2017-06-08/moody-s-loses-hong-kong-credit-research-appeal-against-regulator Moody’s Corp. lost an appeal against a judgment that found it broke Hong Kong’s regulatory code of conduct. Moody’s Investors Service was appealing a decision by the Securities and Futures Appeals Tribunal in March 2016 that resulted in a HK$11 million ($1.4 million) fine and affirmed an action against the company by the city’s Securities and Futures Commission.The regulator had said a 2011 report on public companies breached the code by failing to provide sufficient explanations for its judgments and not ensuring the accuracy of its claims. That ruling alarmed investors and analysts, concerned that it could strangle critical commentary about Hong Kong’s markets.
    - TransUnion is an American consumer credit reporting agency. TransUnion collects and aggregates information on over one billion individual consumers in over thirty countries including "200 million files profiling nearly every credit-active consumer in the United States".[3] Its customers include over 65,000 businesses.[4] Based in Chicago, Illinois, TransUnion's 2014 revenue was US$1.3 billion.[5] It is the smallest of the three largest credit agencies, along with Experian and Equifax (known as the "Big Three"). TransUnion also markets credit reports and other credit and fraud-protection products directly to consumers. Like all credit reporting agencies, the company is required by U.S. law to provide consumers with one free credit report every year.TransUnion was originally formed in 1968 as a holding company for the railroad leasing organization, Union Tank Car Company. The following year, it acquired the Credit Bureau of Cook County, which possessed and maintained 3.6 million card files.[8] In 1981, a Chicago-based holding company The Marmon Group acquired TransUnion for approximately $688 million.[9][10] Almost thirty years later, in 2010, Goldman Sachs Capital Partners and Advent International acquired it from Madison Dearborn Partners[11]In 2014, TransUnion acquired Hank Asher's data company TLO.[12] On June 25, 2015, TransUnion became a publicly traded company for the first time, trading under the symbol TRU.



    subprime
    - elevate 

    • reported by ft (31mar17) to be a leader and plans ipo
    risk modelling
    - https://www.rms.com/

    Electronics trading firm
    - virtu financial

    Atm
    - diebold 


    audit
    - Crowe Horwath LLP is one of the largest public accounting,[dead link] consulting, and technology firms in the U.S. Crowe is an independent member of Crowe Horwath International.Crowe Chizek was established in 1942 in South Bend, Ind., by Fred P. Crowe Sr. and Cletus F. Chizek. The firm changed its name to Crowe Horwath in 2008 to strengthen its alignment with Horwath International and in 2009 Horwath International changed its name to Crowe Horwath International. The new name combined the international awareness of the Horwath brand with the United States awareness of Crowe Horwath LLP (Crowe), the network’s largest member firm in the U.S.
    • singtao 8aug17 a6 due to an auditing case of a chinese company, the company had to exit US market
    Legal
    - Davis Polk & Wardwell LLP, commonly known as Davis Polk, is an international law firm headquartered in New York City with 982 attorneys worldwide, with offices in Washington, D.C., Northern California, London, Paris, Madrid, Hong Kong, Beijing, Tokyo and São Paulo. Davis Polk traces its origin to a one-man practice in Manhattan opened by a 21-year-old lawyer, Francis N. Bangs. The firm changed its name several times to account for new partners, using names such as Bangs & Stetson; Bangs, Stetson, Tracey & MacVeaghand Stetson, Jennings & Russell. Towards the end of the 19th century, John Pierpont Morgan hired Francis Stetson, then name partner of the firm, as his chief counsel. During Stetson's tenure, the firm helped Morgan to restructure the Pennsylvania Railroad as well as create General Electric. The modern incarnations of Morgan's business, JPMorgan Chase and Morgan Stanley, have remained key clients of the firm. Among other high-profile lawyers, President Grover Cleveland served as a member of the firm during the interval between his two non-consecutive presidential terms. The firm was located at 15 Broad Street from around 1889 to 1962, and then at One Chase Manhattan Plaza until 1991. The firm voted in 1967 to take its current name from three of the firm's most influential partners from the early-to-mid 20th century: John W. Davis, Frank Polk, and Allen Wardwell. In 1935, In response to the Glass–Steagall Act of 1932, the firm performed the legal work to spin off the investment banking arm of J.P. Morgan & Co., which became known as Morgan Stanley. In 1938, the firm represented Erie Railroad in the landmark case Erie Railroad Co. v. Tompkins, 304 U.S. 64 (1938), in which Justice Louis Brandeis introduced the Erie doctrine. n 1952, John W. Davis represented U.S. Steel and successfully challenged the constitutionality of President Harry S. Truman's attempted takeover of the company in a famous case that has been referenced by most legal scholars today to assess executive power (see Youngstown Sheet & Tube Co. v. Sawyer, 343 U.S. 579 (1952)). In 1962, the firm opened its first overseas office in Paris. In 1971, Lydia Kess was the first woman to be promoted to partner, becoming the second female partner at a major Wall Street law firm. In 1981, the firm played an important role in negotiating the financial aspects of the resolution of the Iranian hostage crisis. In 1998, the firm advised Exxon on its $81 billion merger with Mobil, the largest merger in history at the time. In 2000, the firm advised its long-term client, J.P. Morgan & Co., on its merger with Chase Manhattan Bank to form JPMorgan Chase. From 1999 to 2010, the firm worked on the initial public offerings of United Parcel Service, AT&T Wireless, Industrial and Commercial Bank of China, Visa Inc., General Motors and Agricultural Bank of China, some of the largest IPOs in history. During the financial crisis of 2007–2008, the firm represented many government clients, including the United States Department of the Treasury and the Federal Reserve Bank of New York, and the firm had important roles in the AIG, Freddie Mac, Lehman Brothers, and Citigroup matters, as well as in the drafting of the Dodd–Frank Act. In 2009, to bolster its financial regulatory practice, the firm hired three former Securities and Exchange Commission officials: Commissioner Annette Nazareth, Director of Enforcement Linda Chatman Thomsen, and Deputy Director of Trading and Markets Robert Colby—as well as former White House Staff Secretary Raul Yanes and former Federal Deposit Insurance Corporation General Counsel John Douglas.


    - Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates, commonly known as Skadden or sometimes Skadden Arps, is an international law firm based in New York City.

    • ft 26sep18 Trump trade team draws heavily from one law firm: Skadden

    - pillsbury
    • http://www.pillsburylaw.com/news/pillsbury-expands-in-asia-with-leading-aviation-finance-partner-paul-jebely Pillsbury announced that it is applying for a license to open an office in Hong Kong as part of the firm’s long-term strategy to extend its reach in China. Prominent aviation finance lawyer Paul Jebely will lead the firm’s highly ranked Transportation Finance practice in Asia and play a key role building the new office once a license is obtained. Jebely comes to Pillsbury from the Hong Kong office of Clyde & Co., where he was a partner and Global Head of Aviation Finance. Once opened, the Hong Kong office will be the firm’s third in China following the establishment of offices in Shanghai (2006) and Beijing (2014). In addition to aviation finance, the Hong Kong office is expected to focus on international disputes (including internal investigations and regulatory enforcement matters) and private client advisory. Recognized as one of the leading aviation finance lawyers in Asia and Africa, Jebely has advised clients on commercial and corporate aircraft transactions worth billions of dollars. He has most recently worked on behalf of clients including Investec, Aviation Capital Group, DVB, AerCap, CHC Helicopter, Nedbank, Global Jet Capital, Credit Suisse and Nok Airlines among others, including numerous ultra-high net-worth individuals.
    - Bryan Cave Leighton Paisner LLP is an international law firm with 25 offices worldwide, headquartered in St. Louis, Missouri, United States. In 2018, Bryan Cave merged with Berwin Leighton Paisner to create Bryan Cave Leighton Paisner LLP. Founded in 1873 as King, Phillips & Stewart in downtown St. Louis. Pendleton Taylor Bryan joined the firm in 1911, followed by Rhodes Cave in 1917.

    • https://www.thetimes.co.uk/article/argument-over-sale-of-tfl-headquarters-turns-ugly-rd3ndnq70 Transport for London and its advisers have been accused of mishandling the £120 million sale of its Grade I-listed headquarters.The transport authority sold the long lease of its art deco offices overlooking St James’s Park at 55 Broadway in the heart of Westminster to Integrity International Group, a property investor, last month. The building, completed in 1929, is celebrated for its design as well as its nude carvings by sculptors including Henry Moore and Jacob Epstein. The sculptures provoked a backlash when they were first unveiled with Ezra Pound, the poet, accusing Mr Epstein of contributing to a “cult of ugliness”.
    • Bryan Cave Leighton Paisner (BCLP) and its client Transport for London (TfL) have been accused of mishandling the £120 million sale
    - Reed Smith LLP is a global law firm headquartered in Pittsburgh, Pennsylvania, with more than 1,500 lawyers in 28 offices throughout the United States, Europe, the Middle East and Asia. Reed Smith was founded in Pittsburgh in 1877 by Philander C. Knox and James H. Reed.[5] The two partners created a relationship with American industrial tycoon, Andrew Carnegie. Large businesses, such as Heinz (company), and personalities – many of whom, like Carnegie, Knox and Reed, were fellow members of the South Fork Fishing and Hunting Club – joined the firm's client roster, including Andrew Mellon (now The Bank of New York Mellon) and Henry Clay Frick.

    • hk






    wholesale
    -  Getz Bros, a California wholesale store in the mid 1850's to a formal company in 1871, to off shore trading in the 1880's, to its present leadership role in marketing and distribution activities. Has operations in hk.


    Retail
    - Macy's

    • http://www.ft.com/intl/cms/s/0/755638c8-5ead-11e4-b81d-00144feabdc0.html Macy’s plans to expand overseas, opening a store in Abu Dhabi as the city gains traction as a shopping and cultural hub for some of the world’s wealthiest consumers.
    • http://www.chinadaily.com.cn/world/2014-11/29/content_18996753.htm US department store chain Macy's has teamed up with China's leading online payment solution provider Alipay to help Chinese online shoppers buy across borders. The move came in time for Black Friday, the annual US cut-price shopping bonanza. Macy's, along with several other retailers in the US, including Saks Fifth Avenue and Neiman Marcus, allows Chinese shoppers to buy goods in yuan through Alipay's ePass payment option.
    • http://www.china.org.cn/business/2015-08/14/content_36303679.htm Macy's Inc, the iconic United States mid-range department store chain, is to debut in China later this year by opening a store on the country's leading e-commerce platform, Tmall.The company has formed a joint venture with Hong Kong-based Fung Retailing Ltd to handle its first foray into China. Macy's China Ltd, to be based in the spcial administrative region, will be 65 percent owned by the US firm and 35 percent owned by Fung Retailing. It will sell on Tmall Global, owned by Alibaba Group Holding Ltd, which connects overseas branded retailers to Chinese consumers and already offers a strong number of quality foreign brands.
    - Sears, Roebuck and Company, colloquially known as Sears, is an American chain of department stores founded by Richard Warren Sears and Alvah Curtis Roebuck in 1892, reincorporated (a formality for a history-making consumer sector initial public offering) by Richard Sears and new partner Julius Rosenwald in 1906. Formerly based at the Sears Tower in Chicago and currently headquartered in Hoffman Estates, Illinois, the operation began as a mail ordering catalog company and began opening retail locations in 1925. The first location was in Evansville, Indiana. In 2005, the company was bought by the management of the American big box chain Kmart, which formed Sears Holdings upon completion of the merger. Richard Warren Sears was born in Stewartville, Minnesota in 1863 to a wealthy family, which moved to nearby Spring Valley.[6] In 1879, Sears' father died shortly after losing the family fortune in a speculative stock deal.[6] Sears moved across the state to work as a railroad station agent in North Redwood, as well as in Minneapolis. While in North Redwood, a jeweler received an impressive shipment of watches which were unwanted. Sears purchased them, then sold the watches at a low price to the station agents and made a considerable profit. In Minneapolis, he started a mail order watch business in 1886, calling it "R.W. Sears Watch Company." Within the first year he met  Alvah C. Roebuck, a watch repairman. The next year, they relocated the business to Chicago. In 1887, R.W. Sears Watch Company published Richard Sears' first mail-order catalog – in this case, offering watches, diamonds, and jewelry. In 1889, Sears sold his business for $100,000 ($2.7 million today) and relocated to Iowa, intending to be a rural banker. 
    Restless, Sears returned to Chicago in 1892 and established a new mail-order firm, again selling watches and jewelry, with Roebuck as his partner, operating as the A. C. Roebuck watch company. In 1893, they renamed the company to Sears, Roebuck & Company and began to diversify the product lines offered in their catalogs. Before the Sears catalog, farmers near small rural towns usually purchased supplies – often at high prices and on credit – from local general stores with narrow selections of goods. Prices were negotiated, and relied on the storekeeper's estimate of a customer's creditworthiness. Sears took advantage of this by publishing catalogs offering customers a wider selection of products at clearly stated prices. By 1894, the Sears catalog had grown to 322 pages, featuring sewing machines, bicycles, sporting goods, automobiles (later produced, from 1905 to 1915, by Lincoln Motor Car Works of Chicago, no relation to the current Ford line), and a host of other new items. By 1895, the company was producing a 532-page catalog. Sales were greater than $400,000 ($10.9 million today) in 1893 and more than $750,000 ($22.1 million today) two years later.[9] By 1896, dolls, stoves and groceries had been added to the catalog. Despite the strong and growing sales, the national Panic of 1893 led to a full scale recession, causing a cash squeeze and large quantities of unsold merchandise by 1895. Roebuck decided to quit, returning later in a publicity role. Sears offered Roebuck's half of the company to Chicago businessman Aaron Nusbaum, who in turn brought in his brother-in-law Julius Rosenwald, to whom Sears owed money. In August 1895, they bought Roebuck's half of the company for $75,000 ($2.2 million today). The company was reincorporated in Illinois with a capital stock of $150,000 ($4.4 million today) in August 1895. The 1895 transaction was handled by Albert Henry Loeb of the Chicago Law Firm of Loeb & Adler (now known as Arnstein & Lehr, LLP). Copies of the transaction documents are now displayed on the walls of the law firm.

    - http://www.neimanmarcus.com/en-hk/index.jsp
    -Kohls http://www.kohls.com/
    - Meijer http://www.meijer.com/, set up a procurement office in HK in March 2014
    - Dollar Tree http://www.dollartree.com/
    - http://www.costco.com/

    • http://www.scmp.com/business/companies/article/1616583/costco-set-online-store-alibaba-platform, http://www.chinadaily.com.cn/business/2014-10/16/content_18745846.htm
    • china daily 18jun19 first store in mainland
    - Best Buy

    • http://www.chinadaily.com.cn/business/2014-12/05/content_19028216.htm Best Buy Co Inc, the largest US consumer electronics chain, said on Thursday that it was sellingits struggling China business－Five Star－to domestic real estate firm Zhejiang Jiayuan Group. Though the move signals a complete exit from China for Best Buy, it will still retain its privatelabel operations in the country, said company officials. Best Buy did not disclose any financialdetails of the transaction.
    - nordstrom

    • blake nordstrom obit ft 4jan19

    - lord & taylor
    - ShopRite Supermarkets (formerly Shop-Rite and Shop Rite) is a retailers' cooperative (co-op) chain of supermarkets in the northeastern United States, with stores in New Jersey, New York, Connecticut, Delaware, Maryland, and Pennsylvania. Based in Keasbey, New Jersey, ShopRite consists of 48 individually owned-and-operated affiliates with over 296 stores, all under its corporate and distribution arm, Wakefern Food Corporation. Wakefern itself owns and operates 33 of the locations through subsidiary ShopRite Supermarkets, and is the largest affiliate in the cooperative. Several Wakefern members own and operate single ShopRite stores, while most own multiple locations. The average Wakefern member operates 6 stores.
    - Hobby Lobby Stores, Inc. is a private for-profit, closely held corporation,[2] and an American chain of retail arts and crafts stores based in Oklahoma City, Oklahoma, formerly called Hobby Lobby Creative Centers. The stores are managed by direct corporate hires.David Green (born November 13, 1941)is the founder.
    • Green comes from a family of preachers. Son Steve Green is President of Hobby Lobby, as well as founder and primary funder of the Museum of the Bible.


    agrichemical
    - Monsanto

    • http://www.ft.com/intl/cms/s/0/f8bc51d6-0dba-11e5-aa7b-00144feabdc0.html Monsanto, the US agricultural seeds and chemicals company, is pursuing a “tax inversion” acquisition of rival Syngenta, with the merged entity to be domiciled in the UK under a new name. Monsanto would “also propose a new name for the combined company to reflect its unique global nature”, Hugh Grant, Monsanto’s chief executive, wrote to Syngenta’s board. Details of Monsanto’s proposed takeover were released by Syngenta on Monday after the Swiss company rejected a revised offer at the same price as an earlier approach of SFr449 a share. The revised offer included a new $2bn termination fee.
    • http://www.bbc.com/news/business-36356022German drugs giant Bayer has made a $62bn (£43bn) offer for Monsanto, in a deal that would create the world's biggest agricultural supplier. Bayer said the bid was an "extraordinary opportunity to create a global agriculture leader." Monsanto is primarily known for genetically modified crops, often leading to vocal activist criticism. Last week, news of the deal angered Bayer investors, with one describing it as "arrogant empire-building".
    • 澳洲新南威爾士省一名農民，周五控告德國藥廠拜耳公司旗下的美國孟山都公司（Monsanto），指其除草劑「年年春」含可能致癌的成分草甘膦（Glyphosate）。拜耳指暫未收到法庭傳票，但強調草甘膦安全。https://orientaldaily.on.cc/cnt/china_world/20191012/00180_024.html
    Agriculture
    - Bunge

    • http://www.scmp.com/business/commodities/article/1712353/bunge-cuts-soyabean-shipments-china Bunge, a top soyabean processor, has reduced the size of its pipeline of the oilseed flowing to China, the world's top importer, after overestimating demand late last year, chief executive Soren Schroder said. The decision to scale back shipments illustrates the impact of China's slowing economy on one of the largest agricultural trading houses. Bunge typically had supplies headed to China from producers such as Brazil to keep crushing plants supplied, "like a floating conveyor belt", Schroder said on Thursday. However, in late December the company suffered a US$30 million loss as the value of soyabeans being delivered to China in its inventory pipeline dropped below what it had paid, he said.
    - aerofarm

    • http://paper.takungpao.com/resfile/PDF/20151224/PDF/a19_screen.pdf 除了AeroFarms外，美國還有兩家採用“氣栽法”種植的農場，他們分別是明尼蘇達州的LivingGreens Farm和伊利諾州的FarmedHere，後者已經開始向芝加哥地區的75家食品店出售綠葉菜，包括當地的號稱專售有機食品的Whole Foods超市門店。　“氣栽法”的經濟效益是毋庸置疑的，非常適合人口密度較大的地區。據悉，中國金沙江創業投資已經入股AeroFarms公司，明年將在中國搭建垂直農場。另外，港資公司中國（香港）旅遊設計院院長、深圳地標設計機構總裁鄭建平去年也表示將在深圳推出“綠美人”垂直農場摩天塔，其面積達16萬平方米，可種植農作物、花卉等，並配有太陽能、風能等新能源。　人多地少的新加坡、瑞典、韓國、荷蘭、日本等國也都有類似的高層農場。除美國外，英國、荷蘭也已採用人工光源。
    - red kidney bean

    • chippewa kidney bean
    • https://www.cnbc.com/2018/08/03/wisconsin-bean-supplier-caught-in-the-middle-of-us-europe-trade-spat.html 
    • largest red kidney bean processing company in north america china daily 6aug18 




    Food
    - McDonald's
    • contractor in china changed http://www.hkcd.com.hk/pdf/201409/0903/HA14903CZXX.pdf
    • The world’s largest restaurant chain has missed a dramatic shift in what consumers want to eat http://www.ft.com/intl/cms/s/0/be07897a-5b63-11e4-a674-00144feab7de.html
    • http://www.afr.com/lifestyle/food-and-wine/us-fast-food-picks-the-right-ingredients-for-japan-20150504-1mz6yq Rebuffed once in the 1980s, a slew of US fast-food chains from Taco Bell to Carl's Jr are flocking back to the land of tofu and sushi. Their return comes amid a backlash in Japan against America's best-known burger brand - McDonald's - following food safety scandals. "In some ways, McDonald's slump is driving the entry of other foreign chains," says Hisakazu Matsuda, president of Japan Consumer Marketing Research Institute.
    • http://europe.chinadaily.com.cn/business/2016-06/16/content_25728077.htmChina National Chemical Corp (ChemChina) and New Hope Group Co Ltd are among the potential suitors, and have asked to turn in their first-round offers by next week, people familiar with the matter said. China Resources Enterprise Ltd and the investment firm Bain Capital LLC are also showing interest in bids which would total $2 billion, said the sources, who preferred to be anonymous. ChemChina and New Hope did not answer emails and the US fast-food company also declined to comment, calling it a "speculation". McDonald's is understood to have been looking since March for partners of its franchise rights to localize itself more in the Chinese mainland, Hong Kong and South Korea.
    • mixed names of bidders for franchise http://paper.takungpao.com/resfile/PDF/20160623/PDF/b2_screen.pdf, http://orientaldaily.on.cc/cnt/finance/20160623/00202_014.html, http://www.chinadaily.com.cn/business/2016-06/23/content_25813897.htm
    • http://www.bbc.com/news/business-38252802 McDonald's is to move its non-US tax base from Luxembourg to the UK, the company has said. The new holding company will pay UK tax on the royalties the firm receives outside the US. McDonald's said it had chosen the UK due to the "significant number of staff" it has in London. The Luxembourg tax affairs of the burger giant are currently under formal investigation by the European Commission.
    • worldwide presence
    • https://www.quora.com/Which-countries-dont-have-a-McDonalds
    • india
    • McDonald's hit by beef with India partner  McDonald’s Corp.’s battle with one of its two India franchisees escalated after the fast food giant moved to terminate an agreement involving more than a third of its restaurants there. The Indian unit of McDonald’s said on Monday it ended a pact with Connaught Plaza Restaurants Pvt, a joint venture that operates 169 outlets in the northern and eastern regions of the world’s second-most populous nation. McDonald’s said its partner violated “certain essential obligations” of the agreement, including the payment of royalties.https://www.bloomberg.com/news/articles/2017-08-21/mcdonald-s-snaps-agreement-with-india-franchisee-after-dispute
    •  https://www.ft.com/content/1acb7f00-944f-11e7-a9e6-11d2f0ebb7f0 McDonald’s franchise agreement in northern India formally ended last week, with clients coming to restaurants for their last chance to eat what was once an exciting novelty food for the country. “We don’t know what’s going on. We have to open the newspapers every morning to find out if we still have a job,” said one staff member. As many as 6,500 others across the region were in a similar position. The franchisee, Connaught Plaza Restaurants Limited, said that it continued to receive McDonald’s supplies, however, because its contract with the supplier did not involve McDonald’s headquarters. McDonald’s did not comment on this, but it said: “The notice of termination is the first step. The notice period ran out on September 5. We are now taking steps to enforce the termination.” Like many Indians, the first time Jagjot Singh ate a burger was at McDonald’s. In the 1990s, soon after the multinational chain opened its first restaurant in India, Mr Singh and his family used to go to the restaurant for exotic meals out, a change from the usual chapatti and vegetables they ate at home.
    • ft 9may19 to settle dispute with india partner 


    - OSI
    • osi hires manager from us for meat plant http://usa.chinadaily.com.cn/business/2014-09/03/content_18540372.htm
    • yum sales in china slide after husi probe http://usa.chinadaily.com.cn/epaper/2014-09/05/content_18554910.htm
    • osi lays off food workers at scandal hit supplier http://usa.chinadaily.com.cn/business/2014-09/23/content_18642542.htm


    - Chiquita www.chiquita.com
    • Banana wars rage again after Brazilians gatecrash key merger http://www.ft.com/intl/cms/s/0/122d8b48-2177-11e4-b145-00144feabdc0.html#axzz3AGPLAGGm, http://www.theguardian.com/business/2014/aug/12/banana-bidding-war-chiquita-brazil-target
    - mondelez http://www.mondelezinternational.com/

    • to merge with DE master blenders http://www.foxbusiness.com/industries/2014/05/07/mondelez-de-master-blenders-to-combine-coffee-businesses/
    • http://www.chinadaily.com.cn/business/2014-11/28/content_18991034.htm According to Rosenfeld, the Chinese market, with annual revenues of about $1.1 billion, isalready the third-largest emerging market for Mondelez and a key player in the globaltransformation.
      She said that her belief in sustained growth stems from the company's strategic focus on snackfoods. In May, Mondelez and D.E Master Blenders announced their intention to combine theircoffee businesses to create the world's leading pure-play coffee company, with annual revenuesof more than $7 billion. "This will allow Mondelez to focus more on snack foods," she said,adding that about 90 percent of its estimated revenue from China will come from snack foods.

    - kellogg


    - hershey's

    • http://usa.chinadaily.com.cn/business/2014-11/21/content_18953405.htm The Pennsylvania, United States-based chocolate manufacturer has already taken the first steps in this regard by launching chocolate products with blended ingredients and also through acquisitions of Chinese confectionery brands that have established connections with customers. "The addition of Golden Monkey has really broadened the possibilities in China," said Alfonso in a recent interview with China Daily, after Hershey acquired an 80 percent stake in the privately held confectionery company in Shanghai for $584 million in September. Alfonso said the acquisition gives Hershey automatic access to more than 1,000 distributors across China, especially in the second- and- third-tier cities. More importantly, it has also propelled Golden Monkey on to the global center stage, he said.
    - heinz

    • http://www.chinadailyasia.com/business/2014-12/04/content_15198756.html Global food company H J Heinz Co will step up investment and add more products to boost its presence in China's fast-growing market for infant food, a top company official said. "Heinz will expand its presence by boosting investment in China and introducing more products in the years ahead as the Chinese market for high-quality and safe baby food continues to grow," said Bernardo Hees, chief executive officer of Heinz.
    - Hampton Creek is an American food company headquartered in San Francisco that sells plant-based foods. It was founded in December 2011 by Josh Balk and CEO Joshua Tetrick.
    •  After losing his entire board this summer, Hampton Creek Inc. Chief Executive Officer Josh Tetrick is taking steps to add directors at the beleaguered food startup ahead of a fundraising push.Hampton Creek, a condiments maker with major backing from technology investors, said it added four board members, including Saudi Prince Khaled bin Alwaleed bin Talal, a prominent investor and animal rights activist.The other new directors are: Larry Kopald, founder and president of environmental group the Carbon Underground; Cliff Coles, a longtime food safety consultant; and Jim Borel, a former executive vice president at chemical and agriculture giant DuPont. The company said it also added three advisers. Backers of the six-year-old startup include billionaires Vinod Khosla and Yahoo co-founder Jerry Yang. The San Francisco-based company has raised at least $220 million to fuel its ambition to sell plant-based alternatives to animal products, led by Just Mayo, and a lofty goal to develop lab-grown meat. https://www.bloomberg.com/news/articles/2017-09-14/hampton-creek-adds-prince-alwaleed-to-board-in-governance-revamp
    - Hormel Foods Corporation is an American company founded in 1891 in Austin, Minnesota, by George A. Hormel as George A. Hormel & Company. Originally focusing on the packaging and selling of ham, Spam, sausage and other pork, chicken, beef and lamb products to consumers; by the 1980s, Hormel began offering a wider range of packaged and refrigerated foods. The company changed its name to Hormel Foods in 1993. Hormel serves 80 countries with brands such as Applegate, Columbus Craft Meats, Dinty Moore, Jennie-O and Skippy.

    • The company was founded as George A. Hormel & Company in Austin, Minnesota by George A. Hormel in 1891. It changed its name to Hormel Foods in 1993.George A. Hormel (born 1860 in Buffalo, New York) worked in a Chicago slaughterhouse before becoming a traveling wool and hide buyer. His travels took him to Austin and he decided to settle there. He borrowed $500 and opened a meat business.[6] Hormel handled the production side of the business and his partner, Albert Friedrich, handled the retail. Their partnership dissolved in 1891 as Hormel started his own meat packing operation in northeast Austin in a creamery building on the Cedar River. To make ends meet in those early days, Hormel continued to trade in hides, eggs, wool, and poultry. The name Dairy Brand was first used in 1903.[10]:68 In the first decade of the 20th century distribution centers were opened in St. Paul, Minneapolis, Duluth, San Antonio, Dallas, Chicago, Atlanta, and Birmingham. In 1915, Hormel began selling dry sausages under the names of Cedar Cervelat, Holsteiner and Noxall Salami.[10]:79 Hormel products began appearing in national magazines such as Good Housekeeping as early as 1916.
    • https://www.scmp.com/lifestyle/food-drink/article/3030413/spam-story-how-luncheon-meat-became-hit-asia-and-beyond-its Generations of Filipinos love eating Spam regularly, typically sliced or diced then stir-fried and served on a bed of steamed rice, sometimes with a fried egg. But how did this all-American canned meat make it halfway around the world? An American staple for more than 80 years, Spam’s success story is one of ingenuity and resourcefulness. The luncheon meat is now devoured in 44 countries worldwide but it first came to life in 1937 in the small town of Austin, Minnesota.Hitting shelves across America during the final years of the Great Depression, Spam quickly won over stretched homemakers because it was cheap, did not need to be refrigerated, had a long shelf life, and was extremely versatile: it could be fried, baked, boiled or braised. However, it wasn’t until World War II that sales boomed and Spam became a worldwide hit.In 1941, when America joined the campaign, more than 50,000 tons of Spam was shipped abroad to feed allied troops. Not only was it the cornerstone of soldiers’ diets, they also used the grease from Spam to oil their guns and waterproof their boots. From England to Asia-Pacific, wherever the troops went, so too went Spam, seeping into local cultures. The famous Monty Python sketch about Spam was such a hit, mentioning the word Spam more than 130 times, that it inspired the name of unsolicited emails – “spam mail”.The processed food that contains six ingredients – pork, salt, water, potato starch, sugar and sodium nitrate – comes in 15 varieties, though there are many more imitations. South Korea is the second-largest consumer of Spam, after America, the site says. Koreans eat it in stews, fry it in egg batter and even gift it as a Lunar New Year present. In Japan, Spam is used in onigiri (rice balls), and is served alongside eggs. In the Philippines it was the main source of meat for American soldiers stationed there during World War II. It is believed Spam was introduced to Filipinos as a kind of reward, and once the population had a taste of it, the processed meat disrupted the local food culture.
    - Smithfield Foods, Inc., is a meat-processing company based in Smithfield, Virginia, in the United States, and a wholly owned subsidiary of WH Group of China.[a] Founded in 1936 as the Smithfield Packing Company by Joseph W. Luter and his son, the company is the largest pig and pork producer in the world.

    • Smithfield is the largest pork producer in the US and owned by Hong Kong-listed WH Group, with US$24.1 billion in sales last year.  Its South Dakota facility is the ninth-largest in America, responsible for producing 4 to 5 per cent of the country’s consumption requirement.https://www.scmp.com/business/companies/article/3083392/wh-groups-us-pork-processing-plant-reopen-stages-amid


    - www.mainecoastcompany.com, exhibited at seafood expo 2014
    - ice

    • manitowoc ice http://www.manitowocice.com/
    - salt

    • http://www.chinadaily.com.cn/business/2014-10/16/content_18745848.htm Morton Salt, the largest salt producer in the United States, announced on Wednesday it isexpanding its product offerings and capabilities in China through a reinforced collaborationwith China National Salt.
    Dairy
    - The Cabot Creamery Cooperative is an American dairy agricultural marketing cooperative, which is owned by local dairy farmers in New England and the Agri-Mark Cooperative company. Originally started as Cabot Farmers Cooperative Creamery in 1919 by farmers in Cabot, Vermont, it was taken over by the Agri-Mark Cooperative in 1992. Although they are technically owned by Agri-Mark Co-op; local dairy farmers in New England own Cabot, also.The original plant had an investment of $3,700 in total, which was paid by 94 farmers in proportion to the number of cattle which each owned. The cooperative started out making butter with the excess milk produced, and began shipping its products south. In 1930, it started making cheese. By 1960, the cooperative had 600 member farmers, though the number of farms in Vermont and across the nation were steadily shrinking. Following a decline in membership, the Cabot Farmers Cooperative Creamery merged in 1992 with Agri-Mark, a cooperative of 1,800 farm families in New England and New York,[1] and was reincorporated as Cabot Creamery Cooperative Inc., a wholly owned subsidiary of Agri-mark. In 2008, there were about 400 Cabot farms in Vermont belonging to Agri-Mark.

    eggs
    - Rose Acre Farms is the second largest egg producer in the United States[4] and employs 2,000 people.[3] The company is based in Seymour, Indiana, and has facilities in Arizona, Iowa, Illinois, Missouri, Kansas, North Carolina and Georgia.

    • 食物環境衞生署食物安全中心昨公布，一批美國進口雞蛋懷疑受沙門氏菌污染，已即時暫停進口及在港出售。初步調查發現，本港有五間進口商，包括東顯有限公司、順興號、泰昌蛋莊有限公司、聯泰行及美心食品有限公司曾進口合共約六千箱涉及多個批次的受影響產品. 涉事雞蛋由美國Rose Acre農場旗下Hyde County farm位於北卡羅來納州海德縣的廠房（廠房編號P-1065）出產，有進口及在港出售。


    Drinks
    - pepsi

    • http://www.chinadaily.com.cn/business/2015-06/04/content_20907467.htm PepsiCo, the United States food and beverage giant, says it is adopting strict measures to maintain sustainable production in China to ensure it is well prepared for any potential resources shortages in future. Various industry professionals have been warning recently that multinational corporations, particularly those in the food and beverage sectors, are likely to face growing environmental and operational challenges in the country. On top of more severe weather conditions, companies have had to deal with increased water shortages, growing energy costs and rising commodity prices, as well as land-fill restrictions and rising costs of packaging materials, including plastics. Zhang Nongchu, PepsiCo China's associate director of R&D operations and safety management, said: "The company is committed to finding innovative ways to minimize its impact on the environment, to lower costs through energy and water conservation, as well as reduce the use of packaging." Zhang said over the past two decades, PepsiCo has invested heavily in building leadership in energy and environmental design-certified facilities across China to increase energy efficiency and lower emissions.
    • http://www.chinadaily.com.cn/cndy/2015-08/15/content_21606705.htm PepsiCo Inc has launched its first dairy product with JD.com Inc in China to tap intothe growing consumer preference for healthy drinks. It is the first launch of a newproduct exclusively through e-commerce outside the U.S. The company, which makes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana,has introduced Quaker High Fiber Oats Dairy Drink to China on Friday exclusively one-commerce website JD.com Inc for two months. A 350 milliliter single bottle ofthe oats beverage is priced at about 5.9 yuan ($0.93).
    • http://www.scmp.com/tech/social-gadgets/article/1868679/drinks-giant-pepsico-launch-smartphone-beijing 
    • http://www.chinadaily.com.cn/business/2015-10/23/content_22263400.htm PepsiCo Inc, one of the world's leading food and beverage companies, opened its first Quaker Oats plant in China on Thursday in an effort to expand its nutritional business in the country, as carbonated-drink sales continue slowing. Located in the Daxing district of Beijing, the new 200 million yuan ($31.25 million) facility covers 30,000 square meters of production space and has been equipped to produce 50,000 tons of produce annually. Around 150 new jobs will be created at the site itself, and thousands indirectly in the surrounding community, said officials. The plant will manufacture a variety of Quaker products, including Instant Oats, Quick Cooked Oats, and Quaker's Cereal Powder Drink. Quaker has been owned by PepsiCo since 2001.
    • https://www.scmp.com/business/companies/article/3020283/pepsico-bets-healthy-living-acquiring-26-cent-stake-chinas American beverage and snacks giant PepsiCo has agreed to buy a 26 per cent stake in Natural Food International, reflecting a strategic tie-up with China’s second-largest health food producer at a time when rising affluence is leading to change in dietary habits in the world’s most populated consumer market. Natural Food said in a Hong Kong 
       exchange filing
        on Friday that PepsiCo would spend HK$1.02 billion (US$131 million) to buy 566.5 million shares, equivalent to a 25.8 per cent stake, from a number of shareholders, including Saif Partners, at HK$1.80 apiece, becoming the company’s second-largest shareholder.The price represents a 1.1 per cent premium to Natural Food’s closing price of HK$1.78 on Thursday.Natural Food said it was PepsiCo’s “first strategic investment in China”.
    - coca cola

    • http://www.shanghaidaily.com/business/consumer/CocaCola-marks-3year-US4b-China-investment/shdaily.shtml MUHTAR Kent, chairman and chief executive officer of The Coca-Cola Company, yesterday officially marked the beginning of a US$4 billion investment plan for the China market between 2015 and 2017.
      Commemorated during the groundbreaking of the Coca-Cola system’s 45th local production facility in China, the US$4 billion plan builds on US$9 billion of previous investment made in the country between 1979 and 2014.
    • US beverage giant Coca-Cola Co said on Tuesday that it has set up a joint venture with Chinese dairy giant China Mengniu Dairy Co to produce and sell chilled milk in China.https://www.chinadailyhk.com/article/130345#Coca-Cola-Mengniu's-JV-to-sell-chilled-milk
    • Coca-Cola Co set up the world's fastest bottling line recently in Chengdu, capital of Southwest China's Sichuan province, as the United States-based global beverage giant looks to further expand its manufacturing capacity and investment in China. The new line at COFCO Coca-Cola Beverages Ltd (CBL) can make 120,000 cans every hour, making it the fastest fully automatic production line in the world, according to Ching Lijun, CEO of CBL. The current industry average is between 66,000 cans and 90,000 cans every hour.https://www.chinadailyhk.com/article/130971#Coca-Cola-sets-up-fastest-bottling-factory-in-China
    Beer
    - molson coors

    • http://www.chinadaily.com.cn/cndy/2015-09/26/content_21987128.htm Molson Coors Brewing Company, the second-largest beer producer in the UnitedStates, is reported to be exiting the Chinese market because of increasedcompetition from smaller beer brands. The company has been in China since 2001, selling predominantly its Coors Lightproduct. But, according to a report on Yicai.com, the company has effectively ceased itsoperations here, terminated the contracts of its staff, and plans a full withdrawal bythe end of the year.
    Catering
    - Starbucks

    • http://www.chinadaily.com.cn/business/2014-12/10/content_19054318.htm The world biggest coffee chain, Starbucks Corp, plans to increase its network in China to 3,400stores over the next five years, which could pose challenges for small, independent coffee stores,industry sources said. The United States-based coffee chain said on Dec 4 at an investors' meeting at its headquartersthat its operations in China and the Asia-Pacific region represent "enormous, immediate andhigh-value opportunities" for the company. Belinda Wong, president of StarbucksChina, said that the country, which isthe fastest-growing market forStarbucks, already has 1,400 storesin 84 cities with more than 3 milliontransactions per week. Starbucks will open 400 stores everyyear in the next five years around thenation. That is much faster than it hasbeen expanding in recent years. Lastyear, it added 317 stores in China. Of the 1,650 stores it plans to open intotal next year, 850 will be in Asia,including China.
    • http://www.bloomberg.com/news/articles/2015-07-14/starbucks-finds-partner-to-open-first-south-african-coffee-shops Starbucks Corp. coffee shops will open in sub-Saharan Africa for the first time after the world leader partnered with Taste Holdings Ltd. in a deal that sent shares of the Johannesburg-based franchiser soaring to a record. The two companies have signed an exclusive agreement to develop Starbucks outlets in South Africa, with openings set to begin in the first half of next year, Taste Chief Executive Officer Carlo Gonzaga said by phone on Tuesday. Taste has the license to operate the shops for as many as 25 years, plus rights to open in some other African countries.
    • china
    • http://money.cnn.com/2016/01/12/investing/starbucks-china-expansion/ Starbucks aims to open 500 stores this year as part of a broader plan to operate at least 3,400 coffee shops in China by 2019. That's an ambitious 70% expansion from the 2,000 stores it has now in 100 Chinese cities, the company said in a statement.
    •  星巴克的中國「咖啡創新產業園」昨日正式簽約落戶昆山開發區，這是美國500強企業今年在中國投資的首個產業項目，也是星巴克在美國以外最大的生產性戰略投資。目前星巴克已在全球80多個國家或地區設有超過30,000家門店和6家製造工廠，其中，中國內地180個城市設有4,300多家門店、員工總數超過5.8萬人。6家製造工廠中5家在美國，1家在荷蘭。隨着昆山新烘焙工廠的投產，中國內地將成為星巴克全球烘焙網絡的重要節點。http://pdf.wenweipo.com/2020/03/14/b01-0314.pdf
    • taiwan
    • 台湾统一集团和统一超商股票昨日无预警暂停交易。两公司董事长罗智先于晚上七时宣布，统一和统一超商将分别出售20%及30%上海统一星巴克股权给美国星巴克，标誌统一退出上海星巴克，预期合计获利新台币334.51亿元（约港币86.54亿元）；同时，两者分别向美国星巴克购入台湾统一星巴克20%及30%股权，从而得以独资控股台湾星巴克。六年前美心集团将原本经营的广东、海南、四川、陕西、湖北和重庆的星巴克所有权售予美国星巴克，并取得美国星巴克在港澳的股份，从而得以全资控股港澳两地的星巴克。是次亦是之前的“美心模式”换回台湾星巴克百分百的股权。http://paper.takungpao.com/resfile/PDF/20170728/PDF/a9_screen.pdf
    Catering supplies
    - Sysco Corporation is an American multinational corporation involved in marketing and distributing food products to restaurants, healthcare and educational facilities, hospitality businesses like hotels and inns, and wholesale to other companies that provide foodservice (like Aramark and Sodexo). The company is headquartered in the Energy Corridor district of Houston, Texas.The company was founded by Herbert Irving, John F. Baugh and Harry Rosenthal in 1969.[3] The company became public on March 3, 1970. 


    tobacco
    - Altria Group, Inc. (renamed from Philip Morris Companies Inc. on January 27, 2003) is an American corporation and one of the world's largest producers and marketers of tobacco, cigarettes and related products. It operates worldwide and is headquartered in Henrico County, Virginia, just outside the city of Richmond.
    • Philip Morris, the maker of Marlboro cigarettes and the IQOS tobacco heating system, is scouring China’s start-up scene for inhalation technology that can be developed for the medical field as the tobacco giant seeks new paths outside its traditional consumer products business.The effort is spearheaded by PM Equity Partner, a US$150 million Swiss-based venture fund seeded by its parent, with a focus on building stakes in healthier environmental, human and fast-moving consumer goods.Philip Morris has said its long-term plan is to stop selling cigarettes eventually by converting its customers to the IQOS system.https://www.scmp.com/business/companies/article/3037420/philip-morris-scours-china-start-ups-technology-replicate-iqos
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