South China Morning Post

China’s biotech firms move up value chain as drug deals evolve beyond licensing

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Many Chinese biotech companies initially relied on out-licensing to fund their pipelines, a model in which a developer sells the rights to an early-stage drug candidate to another company, which then undertakes global development and commercialisation. However, as their resources and ambitions expanded, companies had increasingly moved towards co-development arrangements and broader platform partnerships. Source: …

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Chinese police smash smear campaign

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Chinese police smash smear campaign targeting Alibaba, JD.com ahead of shopping festival. Police in mainland China have dismantled a coordinated, months-long smear campaign targeting major e-commerce platforms Alibaba Group Holding and JD.com, as Beijing continues to facilitate fair competition and improve the environment for the private sector. Both companies publicly praised the police in Chengdu, …

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China tightens grip on outbound capital

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Why China’s tighter grip on outbound capital may test Hong Kong’s housing rebound The debate follows a series of measures unveiled in recent weeks, including tighter scrutiny of unauthorised offshore brokers and guidelines issued to crack down on illegal cross-border fund-transfer channels. Source: https://www.scmp.com/property/article/3355863/why-chinas-tighter-grip-outbound-capital-may-test-hong-kongs-housing-rebound?share=djC1KBGVpbr9pDcNKbYKz0KNfHMnqb6j70McEpwlJh0b1MHqd8R3XR0L%2FNnu5LK75cA21C0k3Mq6uZMTH%2ByiKpJCNkH%2FGB1pnZ99YgdPmV5nkiPIkEBAu4reFoXhkA1mj71jEUE8%2B64EUIxa%2BsbJJw%3D%3D&utm_campaign=social_share

Why China’s tighter grip on outbound capital may test Hong Kong’s housing rebound

Posted on by South China Morning Post

Beijing’s latest efforts to tighten oversight of cross-border capital flows have sparked concerns that a reduction in mainland demand for Hong Kong homes could impact the city’s recovering property market. The debate follows a series of measures unveiled in recent weeks, including tighter scrutiny of unauthorised offshore brokers and guidelines issued to crack down on illegal cross-border fund-transfer …

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Appeal of China assets keeps rising among global investors, JPMorgan research says

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Cohort of international investors considering investing in China rises to 57 per cent from 51 per cent a year ago, survey says Global investors’ appetite for Chinese equities, companies and assets continues to rise owing to rapid technological advancements and low valuations in the world’s second-largest economy, according to JPMorgan Chase. Kwang Kam Shing, Hong Kong …

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China steps up protections for private sector in updated draft law

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China has moved to ban authorities from imposing fines on private businesses without a legal basis in the latest draft of a new private-economy promotion law, as the country’s leaders step up efforts to boost confidence in the private sector and shore up economic growth. Source: https://www.scmp.com/economy/china-economy/article/3299981/china-steps-protections-private-sector-updated-draft-law