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CyrusK
2021-07-13
Help me like pls
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CyrusK
2021-07-13
Great
Goldman Sachs, Warburg Pincus-backed firm buy $488 mln of Chinese logistics assets
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Goldman Sachs Group's asset management arm and a company co-founded b","content":"<p>HONG KONG, July 13 (Reuters) - Goldman Sachs Group's asset management arm and a company co-founded by private equity firm Warburg Pincus said on Tuesday they had jointly acquired logistics assets in China worth $488 million.</p>\n<p>Goldman Sachs Asset Management and New Ease, a new economy infrastructure investor, developer and manager, said they bought two collections of logistics real estate projects in gateway cities throughout China.</p>\n<p>The assets include institutional-grade, modern warehouse properties in the south eastern Chinese city of Kunshan and central Chinese cities Zhengzhou and Sanhe, and properties in central China's Henan and Hubei provinces to be developed into facilities to meet the demand from e-commerce companies and third-party logistics providers, the two investors said in a statement.</p>\n<p>Their investment comes at a time when China's logistics sector is consolidating after the COVID-19 pandemic boosted e-commerce and supply chain demands.</p>\n<p>The two companies did not disclose the sellers of the logistics assets.</p>\n<p>In February, private equity firm FountainVest Partners struck a deal to buy Chinese logistics firm CJ Rokin from South Korea's CJ Logistics Corp that gave Rokin an enterprise value of 6.9 billion yuan ($1.07 billion), after winning a competitive auction.</p>\n<p>\"The continued development of China's economy, especially through the rapid pace of advanced digitalization of commerce, has further accelerated the development of the logistics warehousing industry and accompanying integrated services,\" said Luke Wei, Goldman asset management's managing director.</p>\n<p>Headquartered in Shanghai, New Ease is managing a portfolio of over six million square meters of projects that are in operation or under development. It has a total asset under management of about $5 billion and established multiple ventures with global leading investors.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Sachs, Warburg Pincus-backed firm buy $488 mln of Chinese logistics assets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Sachs, Warburg Pincus-backed firm buy $488 mln of Chinese logistics assets\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-13 15:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>HONG KONG, July 13 (Reuters) - Goldman Sachs Group's asset management arm and a company co-founded by private equity firm Warburg Pincus said on Tuesday they had jointly acquired logistics assets in China worth $488 million.</p>\n<p>Goldman Sachs Asset Management and New Ease, a new economy infrastructure investor, developer and manager, said they bought two collections of logistics real estate projects in gateway cities throughout China.</p>\n<p>The assets include institutional-grade, modern warehouse properties in the south eastern Chinese city of Kunshan and central Chinese cities Zhengzhou and Sanhe, and properties in central China's Henan and Hubei provinces to be developed into facilities to meet the demand from e-commerce companies and third-party logistics providers, the two investors said in a statement.</p>\n<p>Their investment comes at a time when China's logistics sector is consolidating after the COVID-19 pandemic boosted e-commerce and supply chain demands.</p>\n<p>The two companies did not disclose the sellers of the logistics assets.</p>\n<p>In February, private equity firm FountainVest Partners struck a deal to buy Chinese logistics firm CJ Rokin from South Korea's CJ Logistics Corp that gave Rokin an enterprise value of 6.9 billion yuan ($1.07 billion), after winning a competitive auction.</p>\n<p>\"The continued development of China's economy, especially through the rapid pace of advanced digitalization of commerce, has further accelerated the development of the logistics warehousing industry and accompanying integrated services,\" said Luke Wei, Goldman asset management's managing director.</p>\n<p>Headquartered in Shanghai, New Ease is managing a portfolio of over six million square meters of projects that are in operation or under development. It has a total asset under management of about $5 billion and established multiple ventures with global leading investors.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GS":"高盛"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151551066","content_text":"HONG KONG, July 13 (Reuters) - Goldman Sachs Group's asset management arm and a company co-founded by private equity firm Warburg Pincus said on Tuesday they had jointly acquired logistics assets in China worth $488 million.\nGoldman Sachs Asset Management and New Ease, a new economy infrastructure investor, developer and manager, said they bought two collections of logistics real estate projects in gateway cities throughout China.\nThe assets include institutional-grade, modern warehouse properties in the south eastern Chinese city of Kunshan and central Chinese cities Zhengzhou and Sanhe, and properties in central China's Henan and Hubei provinces to be developed into facilities to meet the demand from e-commerce companies and third-party logistics providers, the two investors said in a statement.\nTheir investment comes at a time when China's logistics sector is consolidating after the COVID-19 pandemic boosted e-commerce and supply chain demands.\nThe two companies did not disclose the sellers of the logistics assets.\nIn February, private equity firm FountainVest Partners struck a deal to buy Chinese logistics firm CJ Rokin from South Korea's CJ Logistics Corp that gave Rokin an enterprise value of 6.9 billion yuan ($1.07 billion), after winning a competitive auction.\n\"The continued development of China's economy, especially through the rapid pace of advanced digitalization of commerce, has further accelerated the development of the logistics warehousing industry and accompanying integrated services,\" said Luke Wei, Goldman asset management's managing director.\nHeadquartered in Shanghai, New Ease is managing a portfolio of over six million square meters of projects that are in operation or under development. 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Shanghai stocks have declined 0.69% this month.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China shares end higher on consumer boost after strong export data</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina shares end higher on consumer boost after strong export data\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-13 15:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Shanghai Composite index +0.53%; CSI300 +0.18</p>\n<p>* Consumer shares help CSI300 to shake off weakness</p>\n<p>* Export data shows faster-than-expected growth in June</p>\n<p>SHANGHAI, July 13 (Reuters) - China's blue-chips closed higher on Tuesday, supported by strong gains in consumer staples firms, as new data showed the country's exports grew at a much faster-than-expected pace in June on recovering global demand.</p>\n<p>** Easing global lockdown measures drove China's June exports to grow much faster, and import growth also beat expectations, customs data showed on Tuesday.</p>\n<p>** At the close, the Shanghai Composite index was up 0.53% at 3,566.52.</p>\n<p>** The blue-chip CSI300 index shook off earlier weakness to end up 0.18%, with the consumer staples sector jumping 1.8%, the real estate index up 0.2% and the healthcare sub-index up 0.21%.</p>\n<p>** The small gains extended a rally that pushed the CSI300 1.25% higher on Monday, after the central bank said it would cut banks' reserve requirement ratios <a href=\"https://laohu8.com/S/RRR\">$(RRR)$</a> from July 15.</p>\n<p>** In a commentary on Tuesday, a former People's Bank of China official said the RRR cut could help authorities to deal with shifts in U.S. monetary policy and may relieve future downward pressure on the yuan, while noting that China's recovery remains imbalanced.</p>\n<p>** Refinitiv data showed robust buying by foreign investors, with Northbound Stock Connect flows totalling 5.72 billion yuan ($884.81 million) on the day.</p>\n<p>** The smaller Shenzhen index ended up 0.25% and the start-up board ChiNext Composite index was weaker by 0.56%.</p>\n<p>** Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.89%, while Japan's Nikkei index closed up 0.52%.</p>\n<p>** The yuan was quoted at 6.4651 per U.S. dollar, 0.17% firmer than the previous close of 6.4762.</p>\n<p>** So far this year, the Shanghai stock index is up 2.7% and the CSI300 has fallen 1.3%, while China's H-share index listed in Hong Kong is down 5.9%. Shanghai stocks have declined 0.69% this month.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151554537","content_text":"* Shanghai Composite index +0.53%; CSI300 +0.18\n* Consumer shares help CSI300 to shake off weakness\n* Export data shows faster-than-expected growth in June\nSHANGHAI, July 13 (Reuters) - China's blue-chips closed higher on Tuesday, supported by strong gains in consumer staples firms, as new data showed the country's exports grew at a much faster-than-expected pace in June on recovering global demand.\n** Easing global lockdown measures drove China's June exports to grow much faster, and import growth also beat expectations, customs data showed on Tuesday.\n** At the close, the Shanghai Composite index was up 0.53% at 3,566.52.\n** The blue-chip CSI300 index shook off earlier weakness to end up 0.18%, with the consumer staples sector jumping 1.8%, the real estate index up 0.2% and the healthcare sub-index up 0.21%.\n** The small gains extended a rally that pushed the CSI300 1.25% higher on Monday, after the central bank said it would cut banks' reserve requirement ratios $(RRR)$ from July 15.\n** In a commentary on Tuesday, a former People's Bank of China official said the RRR cut could help authorities to deal with shifts in U.S. monetary policy and may relieve future downward pressure on the yuan, while noting that China's recovery remains imbalanced.\n** Refinitiv data showed robust buying by foreign investors, with Northbound Stock Connect flows totalling 5.72 billion yuan ($884.81 million) on the day.\n** The smaller Shenzhen index ended up 0.25% and the start-up board ChiNext Composite index was weaker by 0.56%.\n** Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.89%, while Japan's Nikkei index closed up 0.52%.\n** The yuan was quoted at 6.4651 per U.S. dollar, 0.17% firmer than the previous close of 6.4762.\n** So far this year, the Shanghai stock index is up 2.7% and the CSI300 has fallen 1.3%, while China's H-share index listed in Hong Kong is down 5.9%. Shanghai stocks have declined 0.69% this month.","news_type":1},"isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142529342,"gmtCreate":1626163056286,"gmtModify":1703754579674,"author":{"id":"3582890110003641","authorId":"3582890110003641","name":"CyrusK","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582890110003641","authorIdStr":"3582890110003641"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/142529342","repostId":"2151551066","repostType":4,"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
