The first book written by Yong Kwek Ping provides much-needed guidance on an investment concept that has so far proved elusive in Asia. Focusing on the opportunities that the Chinese finance market offers to private equity firms, the book demonstrates how these firms can strategically position themselves in order to maximize success in this new marketplace.
Private Equity in China includes succinct case studies illustrating both successful and failed ventures by private equity firms operating in China,, outlining the challenges faced by private equity firms in setting up new funds.
- Discusses the challenges faced by private equity firms in China including setting up the initial fund, fund raising, deal sourcing, deal
execution, and monitoring and exit strategies
- Provides key insights drawn from keen observations and knowledge of the more mature private equity market in Western countries,
analyzing the way forward for the Chinese private equity industry
Due diligence is crucial to any business deal, and, thankfully, due diligence research has come a long way over the years. What used to be a cumbersome, time-consuming process has been standardized and systemized with generally accepted auditing frameworks and tools, such as the all-important auditing "checklists." But when it comes to doing due diligence in China, with its opaque regulatory system and byzantine accounting standards, all bets are off. In this book, it takes you beyond the checklists to arm you with China-specific due diligence strategies, tools and techniques that go beyond what is typically part of the process.
- Gives a detailed account of why conventional frameworks used in the west simply do not work in China
- Provides first-hand accounts based on the author's years of experience as a private equity professional doing deals in China
- Reviews, in-depth, the unique differences between corporations and businesses in China and those in the West and their implications for
the due diligence process
- Uses numerous case studies to guide the reader through an entire due diligence process for a firm in China
With the Two Integrated Resorts (IRs) in Singapore Due for Completion in the Next Few Years, How Should the IRs Align Their Strategies to Attract the Increasingly Affluent and Outbound Tourists and Businessmen from China? (2006)
China is attracting a lot of attention from the rest of the world for a very good reason. Undeniably, China is the fastest growing economy on the planet, achieving more than 7 percent GDP growth since 1991. It seems like there is no stopping this giant. But if the picture is all so rosy, what is causing the reluctance of institutional investors from pouring their money into the Chinese exchanges? What are the factors that are constraining China’s growth? And how will the solutions to these problems bring about greater benefits for the people in China and the rest of the world? The fundamental problem with the exchanges lies with the issue of corporate governance.
To evaluate the benefits that a possible demutualization and listing of the Chinese stock exchanges will be the main angle in this paper.
The rising affluence of Chinese tourists and the concomitant rise in the budget airline industry has made the cost of air travel more affordable and convenient. This has resulted in a booming and highly competitive tourism industry as countries embark on mega projects to attract the tourist dollar. Singapore is no exception as it embarks on the development of two Integrated Resorts (IRs) with gaming components which is due for completion in the next few years. Regional developments such as the liberalization of the gaming industry in Macau in 2002 and coupled with the relaxation of Chinese visitors to go to Macau are some examples of how the competition is heating up.
This paper will address the important question of how to attract and retain customers, specifically the Chinese tourist and businessmen, and the strategies required to achieve Singapore’s goal of transforming itself into a world-class destination that appeals to tourists and businessmen regionally and internationally. This paper will also highlight the positioning strategies that Singapore IRs can utilize in order to attract more Chinese to visit Singapore.
The opening of the Disneyland in Hong Kong adds to the growing number of theme parks in the region and also fuelling competition in the tourism market in the region. To stem the decline in figures of tourists traveling to Singapore and reap the financial returns as hoped, Singapore has to implement necessary measures towards differentiating itself from other destinations, and to promote itself as the place to be at for tourists and locals alike. The whole package of branding efforts, establishment of image, marketing work and management of the resorts shall require much analysis into the fine details. Only with such detailed planning can Singapore’s Integrated Resorts achieve its aim to be among the best tourist destination in world, and compete with countries in the region in tourism industry.
This study aims to give a better understanding on how and what options can Singapore adopt to achieve that competitive edge over the rest and be successful in using that edge to its advantage.
Macau is the largest gaming market in the world. Table games currently dominate the gaming market in Macau. The revenue split between tables and slots is 98:2 in Macau compared with that of 50:50 in Las Vegas. Clearly, the slot gaming market in Macau has not been fully developed and there is a tremendous amount of growth opportunities available.
Creating and developing this demand for slot machines in mainland Chinese gamers will increase gaming revenues. It is also an important revenue and market diversification strategy. Gaming operators have, hitherto, underserved and underestimated a potentially large and lucrative market segment – casual gamers.
The aim of this paper is to understand the reasons for the slow take up of slot machines among mainland Chinese gamers and to suggest ways to improve the situation. We will then conclude with some recommendations that the industry can adopt in order to make slots machine more attractive for Chinese gamers.