CHINA

Fortune Upstarts: Investment Opportunities and Challenges in Coexistence Ye Chengkun: Homaer Financial, CEO Ye has an MBA in Wealth Management from theWudaokou Finance Management Institute at Tsinghua University. He holds qualifications from the Securities Industry Fund and the securities industry. From 2002 to 2012, he worked at Alibaba, serving in the China Business Division. He has held positions in regional marketing, management and operations, and has extensive practical experience in the fields of marketing management, human resource management, and operations management. During the process of China’s economic globalization, the global allocation of high net-worth individuals’ assetshas become a new trend....

ARTICLE JURISDICTION 2020

Since we established the first family trust in China in September 2012, critics have long complained that many companies are selling family trusts as “Wealth Investment Products” and are misleading clients in this way. I want to stress here today is that selling family trusts purely as “Wealth Investment Products” is certainly not right; however, the absence of proper strategic asset allocation in wealth inheritance planning is very likely to cause the entire wealth inheritance plan to eventually deviate from the established direction, or even completely fail. Convinced of the great importance of asset management, wealth management and asset management...

CORPORATE & FIDUCIARY NEWS 2019

“The Era of Global Taxation Is Coming” In 2018, several domestic media outlets ran the headline, “The era of global taxation is coming”, with regards to the implementation of the Common Reporting Standard (CRS). For many high net-worth individuals, CRS was a major buzz word in 2018. So, what is CRS exactly? CRS is short for Common Reporting Standard. CRS is a standard for taxpaying citizens’ information exchange between different countries, developed by the Organization for Economic Co-operation and Development (OECD), requiring global financial institutions to offer the account information of citizens of a country to the tax authority of...

CORPORATE & FIDUCIARY EXPERT INSIGHTS 2019

Offshore operations refer to operations in countries other than the place of incorporation. The so-called offshore company makes a general reference to companies which are incorporated in offshore jurisdictions in accordance with offshore company regulations, and which are only engaged in business outside the place of incorporation. Strictly speaking, “offshore company” is not an accurate legal term. An offshore company makes a general reference to a limited liability company or a company limited by shares established in offshore jurisdictions. As a form of commercial organization, offshore companiesare not limited to companies (whether limited companies, unlimited companies, holding companies, exempted companies,...

CORPORATE & FIDUCIARY EXPERT INSIGHTS 2019

Day 3 Today's topic On May 23, 2019, the Asia Outbound Summit with the theme of "Global Financial Regulation and the Globalization of China's Private and Corporate Wealth" continued in Shenzhen. The day's discussion focused on corporate structuring - the best strategies for international tax planning, structure optimization and global compliance when Chinese companies make overseas investments, list and merge. Background reviews By 2018, Greater China had more than $19 billion of outbound investment and more than 3.48 million millionaires with $1 million in assets. For those engaged in cross-border financial asset investment and offshore asset allocation, the most important...

IMMIGRATION BY INVESTMENT NEWS 2019

There are institutions for high-net-worth families constantly emerging in the third-party service market for Chinese family-owned enterprises. Whether it is a family office, a private bank, an accounting firm, or a law firm, at their core these institutions are mostly focused on family wealth management. Before delving into wealth management, we first need to understand the current stage of development of the Chinese family within the investment industry and the challenges involved. For the time being, we can't directly apply ready-made solutions that work for other markets. It is only effective and meaningful to develop products and services while bearing...

CORPORATE & FIDUCIARY EXPERT INSIGHTS 2019

China is continuously connecting to the outside world through a series of long-term investments. Known as the One Belt and One Road, the massive construction project aims to revive the transportation routes connecting China to the rest of the continent, Africa, Europe, and Middle East.It is considered to be one of the most ambitious geo-economic initiatives in history. The initiative contains two international trade connections: the land-based Silk Road Economic Belt (SREB) and ocean-going Maritime Silk Road (MSR). What you need to know about theOne Belt, One Road Initiative Spans to around 70 countries through several land corridors and maritime routes Covers...

FOREIGN DIRECT INVESTMENT SPONSORED CONTENT 2019

Chinese high-net-worth individuals and entrepreneurs are showing increased interest in US dollar private equity and venture capital funds to diversify their assets, but are running up against currency controls that make it difficult for them to get their money where they want it. 窗体顶端 The main issue is that many top private equity funds require initial investments in the millions of US dollars, while in China, yuan conversion into foreign currencies is restricted to US$50,000 equivalent per person per year. “We continue to see substantial demand from Chinese investors in the global private equity asset class,” said Seungha Ku, managing...

FUNDS & FUNDS SERVICES NEWS 2019