Dec. 5 – Chinese investors play an important role in China economic power and have changed the country into a global outbound investor. Despite of various obstacles on the way Chinese global investment keep on rolling. There are different types of Chinese investors, among others, State-owned enterprises (SOEs) as the main force of Chinese investors.
Chinese investors – State-owned enterprises (SOEs)
According to the ownership and corporate governance of Chinese enterprises, most of China’s state-owned enterprises are large industrial and service groups belonging to SASAC’s central and local administrations. In addition, there are also sovereign wealth funds, state-owned insurance companies, venture capital firms, pension funds, research institutes and government departments and agencies. The expansion of SOEs in Europe has been strongly supported by the “go out” policy of the Chinese central and local governments as confirmed by a recent survey. Most of them often opt for the acquisition of key tangible and intangible resources and strategic assets, mainly through asset augmenting M&As.
China firm Mengniu to buy dairy company in Australia for $407m
China Mengniu Dairy Co Ltd is buying Australia’s Lion Dairy and Drinks from Japan’s Kirin Foods for A$600 million ($407 million), making it the second acquisition by the Chinese dairy giant in Australia after it acquired infant formula milk provider Bellamy in September. Lion Dairy & Drinks Australia Pty Ltd is headquartered in Docklands, Melbourne, Victoria, Australia. Subsidiaries of Dairy Farmers & others.
In September, Mengniu said it had made a buyout offer for Australian infant formula producer Bellamy in a deal valued at $1 billion, to further penetrate the infant formula and food market while expanding its reach overseas. This month, the Australian government approved Mengniu’s takeover of Bellamy’s Australia Ltd. China’s dairy industry has been expanding its reach in global markets in recent years, with Inner Mongolia Yili Industrial Group, the largest dairy producer in China and Asia, prioritizing global dairy resource security capacity and a management team with global vision. In August, Yili acquired New Zealand’s second-largest dairy cooperative Westland Cooperative Dairy Co Ltd after finally clearing all the regulatory hurdles. Yili acquired Oceania Dairy Group of New Zealand in 2013. It has since invested approximately $660 million in establishing milk powder, infant formula and UHT production lines for the Oceania region.
Mengniu Dairy Co Ltd is a manufacturing and distribution company of dairy products and ice cream in China. The company is based in Inner Mongolia and manufactures dairy products under the Mengniu brand. Mengniu Dairy Co. PLC registered office in Cayman Islands, and is headquartered in Hohhot, Inner Mongolia, China (corporate headquarters). Founded in 1995.
Chinese firm NetEase acquires stake in Canadian game developer
NetEase Games, the online games division of NetEase Inc, announced on recently that it has acquired a strategic minority stake in Behaviour Interactive Inc, Canada’s largest independent video game developer. Following this investment, Montreal-based Behaviour will continue to operate independently under the leadership of its president and executive producer, Remi Racine. NetEase Games will nominate a director to Behaviour’s Board.
“NetEase’s investment validates the reputation for excellence and efficiency we have built in the online games sector over the last 27 years,” said Racine. “As an industry leader in online games, NetEase brings highly reputable R&D and operational capabilities and experience that we believe will drive sustainable, long-term growth well into the future”. “NetEase is pleased to further develop our relationship with Behaviour, an online games pioneer and a leader of the asymmetrical battle arena genre,” said Ethan Wang, vice-president of NetEase, in a press release. “We look forward to leveraging Behaviour’s deep passion and expertise to enhance our R&D efforts and deliver even more exciting new products to players worldwide.”
NetEase, Inc. founded in 1997, is a Chinese Internet Technology Company providing online services centered on content, community, communications and commerce. The company was founded in 1997 by Ding Lei. NetEase develops and operates online PC and mobile games, advertising services, email services and e-commerce platforms in China. Behaviour Interactive Inc. founded in 1992, is a Canadian video game development studio specializing in the production of 2D and 3D action/ adventure games for home video game consoles, handheld game consoles and personal computers.
There is a List of Chinese Investors from China, for those international business services corporations, banking institutions, legal financial services firms, etc., interested in connect with Chinese private investors from China, or to get to know more investors from China, a List of Chinese Investors is available upon request, please contact the DCCC by email to: email@example.com