After the fall: boost for China’s P2P lending platforms as jittery market investors eye havens

October 2nd, 2015|

Millions of Chinese investors have been left to rue their losses and are keen to find a more stable alternative than stocks in future.

Even as China’s stock market falters, it is still providing great opportunities for online financial services companies, including peer-to-peer (P2P) lending platforms such as Lu.com.

The website, a subsidiary of Ping An Insurance, […]

China says to promote equity crowdfunding to support startups

September 30th, 2015|

China will promote greater use of equity crowdfunding for startups to encourage entrepreneurship in the world’s second-largest economy, a cabinet document said on Saturday.

China’s leaders have repeatedly said they want to promote more entrepreneurial activity in the state-dominated economy to stimulate employment, a top priority as the economy slows.

While they have pledged strong support for […]

Chinese Capital controls may create next Bitcoin Boom

September 5th, 2015|

Over the past year, investment money has been flowing out of China’s markets at a record pace, creating great instability in not just China, but globally. The largely state-controlled economy has seen new measures to stem the tide, and massive capital controls may be on the horizon, creating a great opportunity for Bitcoin to peak […]

Chinese high rollers swap investment for Irish residency

August 31st, 2015|

The Government has granted Irish residency status to 55 wealthy foreigners in the past three years under a new investment scheme, with the majority being Chinese nationals, the Sunday Independent has learned.

The wealthy group of foreign tycoons were granted residency in exchange for investing in Irish bonds, stocks, property and enterprises, or for making a […]

China Views Bitcoin as a Safe Haven

August 19th, 2015|

This week, the Chinese yuan has devalued to a four-year low against the U.S. dollar while BTC/CNY echange rate has risen from 1,633 yuan to 1,690.36 yuan. Is the devaluation of the Chinese yuan triggering a surge of bitcoin growth in China?

Not necessarily.

“Generally, if bitcoin behaved like other commodities, it would decline in price with […]

Scared investors going for gold as price of precious metal jumps after China’s surprise yuan devaluation

August 19th, 2015|

The safe haven status that gold holds in the investment world has obviously not lost its appeal. The price of the precious metal has jumped almost $30 an ounce over the past two days with gold futures for December delivery yesterday up a further 1.3 per cent to $1,122 a troy ounce amid growing speculation […]

China’s Yuan Devaluation may Trigger a Run Into Bitcoin

August 13th, 2015|

Foreign currency prices have an intimate impact on financial markets and this week, China’s yuan devaluation came as a reminder of how fragile the Chinese economy is at the moment.  A significant financial crisis is developing on the country; it seems that the model of economic growth has reached its natural end.

Similar to what happened […]

The worlds super rich are seeking second citizenship in these eight countries

August 4th, 2015|

The world’s wealthy and super-rich are increasingly on the hunt for second passports as they seek to protect their wealth, optimize their children’s education and move to countries with open border policies and greater economic and political stability.
A report from New World Wealth reveals the top eight countries that have become popular second citizenship destinations […]