Andrew Nowakowski Ryan Lundstrom HNA Group 海航集团有限公司 History Chinese Conglomerate Focused on Aviation Real Estate Finance Tourism Logistics etc Beginnings 1993 Hainan Airlines ID: 704773
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Slide1
China's Investments and M&A in the World
Andrew Nowakowski
Ryan LundstromSlide2
HNA Group
海航集团有限公司
: History
Chinese Conglomerate
Focused on Aviation, Real Estate, Finance, Tourism, Logistics, etc.
Beginnings: 1993, Hainan Airlines
Founded: 2000, by Chairman Chen Fang
陈峰
HQ: Haikou, Hainan, China
Ryan LundstromSlide3
HNA Group: History cont.
Initially an Airline Holding Company
2006 Grand China Airlines Holdings
Diversification into:
HNA Aviation
HNA Holdings
HNA Capital
HNA Tourism
HNA Logistics
Current Structure of Group
Ryan LundstromSlide4
HNA Group: Investments and M&A
Ryan LundstromSlide5
HNA Group: Investments and M&A cont.
Ryan LundstromSlide6
HNA Group: Looking Forward
As of 2017:
Total Assets Quadrupled to Over $170B Since 2014
Ranked 170th in Fortune Global 500
Lines of Credit Brought into Question
"By 2020, we can become one of the top 100 companies, and by 2030, we want to be one of the top 50... Assets are still cheap in the U.S. and Europe, and we will continue to acquire them. We need a batch of world-class companies to emerge from China to help the country’s growth, and HNA will be one of those. We want to be everywhere.“
Chen Fang, Founder
“HNA is scouting for
undervalued assets
”Adam Tan, CEO
Ryan LundstromSlide7
Fosun
International Limited
復星國際有限公司
: History
Chinese Conglomerate
Focused on Industry, Investments, Asset Management, Insurance, Entertainment, etc.
Founded: 1992 by Chairman
Guo Guangchang
郭广昌
and othersHQ: Shanghai, China
Ryan LundstromSlide8
Fosun
International Limited: History cont.
1990’s to Early 2000’s: Market Research Company Expanded Business into Real Estate and Healthcare IndustriesIncorporated in Hong Kong in 2004
Ryan LundstromSlide9
Fosun International Limited:
Investments and M&A
Major Equity Investments:
Banco
Comercial
Português
(25%)
Cirque du Soleil (25%)
Yuyuan
Tourist Mart (26%)
Focus Media (8%)
New China Life Insurance (3%)
China
Minsheng
Bank (2%)
Ryan LundstromSlide10
Fosun
International Limited:
Investments and M&A cont.
Real Estate Investments:
Shanghai Forte Land
126 Madison Ave., NY
28 Liberty St., NY
Entertainment Holdings:
Club Med
Wolverhampton Wanderers F.C.Studio 60Ryan LundstromSlide11
Fosun
International Limited:
Looking Forward
2015: Unstable Times
Chairman “Questioned” by Government
Trading of Shares Suspended
Committee on Foreign Investment in the United States
2017: Onward…
$700M Acquisition of St. Hubert
#448 on Forbes Global 2000Assets $70B+Ryan LundstromSlide12
Huawei: History
Huawei was founded in Shenzhen in 1987 by Ren
Zhengfei
. The company initially focused on reverse engineering foreign technologies rather than relying on importing lesser technology.The primary operations of Huawei was resale of private branch exchanges (PBX) switches, reverse engineering foreign switches and developing its own technology.There was a controversy when Huawei would pay “dividends” to public officials who used Huawei equipment in their networks.Employee-owned corporation
Andrew NowakowskiSlide13
Huawei: Investments and M&A
Huawei has 15 research institutes and centers, 36 joint innovation centers, and approximately 80,000 R&D employees, and pursues collaboration with global innovators.
The Huawei Innovation Research Program (HIRP) has involved over 300 universities in more than 20 countries, and has sponsored over 1,200 innovation research projects.Revenue: US$75.103 billion (2016)
Industries: Telecommunications equipmentNetworking equipmentSemiconductorMobile phones
Andrew NowakowskiSlide14
Alibaba: History
Alibaba was founded in 1999 by 18 people led by Jack Ma
Started as a platform for small and medium size businesses to reach global consumersControversies:Gold Supplier membershipsUranium salesCounterfeit items and scams
Andrew NowakowskiSlide15
Alibaba: Investments and M&A
5.3B Yuan
Cainaio Smart Logistics investment to 51% stakeAuto Navi acquired in 2014 – map service providerLazada- e-commerce company operating in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam
Andrew NowakowskiSlide16
Sources
http://www.hsbc.com/
https://en.wikipedia.org/wiki/HNA_Grouphttp://www.hnagroup.com/about/chairman/https://en.wikipedia.org/wiki/Chen_Feng_(businessman)#frb-inlinehttps://www.cnbc.com/2017/05/03/hna-group-secretive-chinese-conglomerate-takes-top-stake-in-deutsche-bank.html
https://cn.nytimes.com/china/20170510/hna-group-hainan-airlines-china-deals/zh-hant/http://english.caijing.com.cn/2006-07-10/100014031.htmlhttps://www.economist.com/news/business/21720674-its-investments-range-hilton-worldwide-deutsche-bank-chinas-hna-group-goes-globalhttps://www.reuters.com/article/us-hna-group-strategy/chinas-hna-to-tap-ma-brake-after-50-billion-deal-splurge-idUSKBN18W04Ohttps://www.nytimes.com/2017/08/24/business/dealbook/hna-ownership-disclosure.html
https://www.reuters.com/article/us-usa-china-m-a-insight/u-s-watchdog-expands-scrutiny-to-more-chinese-deals-idUSKCN12B0C4https://successstory.com/companies/fosunhttps://www.bloomberg.com/news/articles/2017-07-31/fosun-s-guo-says-he-backs-government-clampdown-on-outbound-m-ashttps://en.wikipedia.org/wiki/Fosun_Internationalhttps://www.forbes.com/companies/fosun-international/https://en.wikipedia.org/wiki/Guo_Guangchang
http://www.alibabagroup.com/en/about/overviewhttps://en.wikipedia.org/wiki/Alibaba_GroupSlide17
Backup SlidesSlide18
HSBC: History
HSBC (Hongkong and Shanghai Banking Corporation Limited) was established in 1865 to finance trade between Europe, India, and China.
The inspiration for founding HSBC came from Thomas Sutherland who realized the need for local banking facilities in Hongkong as well as along the Chinese coast.
Andrew NowakowskiSlide19
HSBC: Investments and M&A
Mercantile Bank was a British bank with about half of it’s branches in India.
Specialized in “Bazaar Business,” small and medium sized local businesses.Post war regulations and high tax rates hurt Mercantile Bank and made it a viable acquisition for many different banks including US banks wishing to break into the east.Mercantile Bank was acquired in 1959 and allowed to operate independently for many years.
Andrew NowakowskiSlide20
HSBC: Investments and M&A cont.
The British Bank of the Middle east was founded in Persia (modern day Iran), and was the former state bank of Persia.
In the 1940’s the bank withdrew from Iran and relocated in the emerging markets around the gulf.
Played a crucial role in supporting the nascent oil industry.Operated around the Gulf, North Africa and throughout the Middle East when it was acquired by HSBC in 1959.
Andrew Nowakowski