China M&A Best Practices regarding Valuation Methodologies for Chinese Companies Valuing an enterprise is never an easy task as there are various ways to value a private company and there is often a major difference between financial theory and market reality in China: Multiply this

Morgan Stanley’s sale of its minority share in China International Capital Corporation (CICC) might have caused ripples in the water. In December, Morgan Stanley China sold its stake in CICC to TPG Capital and KKR Private Equity. Now, a few weeks later, Ding Wei the

Paul Salo October 25th, 2010 Shanghai Dutch born Tudou Founder Marc van der Chijs is on top of the world in Shanghai as his creation moves ever closer to a US IPO. Gary Wang, current CEO, said that Tudou has appointed a syndicate of Credit

October 22, 2010 Hangzhou, China If Dick Kramlich’s move in Hangzhou’s pays off, it might have just gotten a lot easier for foreign venture capital firms to capitalize on the value of wholly owned foreign firms in China and give many foreign investors an improved

China’s private banking industry 中国私人银行业 Part III Real estate prices continue to rise in Tier 1 cities like Shanghai.  It was estimated this week that prices rose to 22,376 yuan ($3,366) per square meter in October, 2010.  It is expected that the Chinese government will

China’s private banking industry 中国私人银行业 Part II As of 2008, it is estimated there were about 300,000 high net worth individuals in China with liquid of over USD $1.5 million and a total wealth of about $4.3 million.  In total, wealthy individuals assets reached about

China’s private banking industry 中国私人银行业 Part I The opening of China’s economy and subsequent financial deregulation has given rise to a whole generation of wealthy individuals.  In many ways, these investors differ from in the West.  Average age of mid-thirties and their confidence in their

October 21, 2010 Shanghai Popular Beijing based online shoe retalier OKBUY (dotcom) raises $17 million in their 2nd round of funding from Sequoia Capital China VC. OKBUY’s founder Lu Ming said that the funding was necessary in order to increase variety of products offered as

China’s asset management industry has grown over 60% annually for the last three years and is expected to grow at least 24% for the next ten years. Factors influencing growth include increased investment market in general, the very beginings of a retirement industry and rapidly

By Paul Salo Shanghai It is a common misconception that excess liquidity in the Chinese market as a whole eliminates opportunities for private equity investors in China.   The liquidity that exists in china due to the massive government stimulus package and forced bank lending