Ged Carroll

China Renaissance Holdings + more things

Published: (Updated: ) in china | 中國 | 중국 | 中華, consumer behaviour | 消費者行為 | 소비자 행동, economics | 經濟學 | 경제학 | 経済, finance | 은행업, health | 衛生保健 | 보건 의료, hong kong | 香港 | 홍콩 | 香港, japan |日本 | 일본, legal | 合法的 | 법률학 | 法的, luxury | 奢華 | 사치 | 贅沢, online | 線上 | 온라인으로 | オンライン, security | 保衛 | 정보 보안 | 情報セキュリティー by .

4 minutes estimated reading time

China Renaissance

Hong Kong Stock Market filingthe Company (China Renaissance Holdings – *added this for clarity) has been unable to contact Mr. Bao Fan (“Mr. Bao”), Chairman of the Board, Executive Director, Chief Executive Officer and the controlling shareholder of the Company. The Board is not aware of any information that indicates that Mr. Bao’s unavailability is or might be related to the business and/or operations of the Group which is continuing normally (PDF) – Bao Fan has been incommunicado for a number of days. He is not responding to messages. While its unusual and considered bad practice having the same person as chairman and CEO, in China its more common. So Bao’s dual role at China Renaissance Holdings isn’t unusual. But that is the least of the worries that western investors will have about China Renaissance Holdings at the moment.

Waiting for the cook to finish
Meituan delivery workers waiting for the food to be prepared

Some thoughts:


Facing the Global South: Building a new International System by Yang Ping – China’s plan to build its version of the British Empire

Beyond the balloon: the US-China spy game | Financial Times 

Jokes or stereotypes? When ‘made in China’ comedy is no laughing matter | South China Morning Post – seems to based on the logical fallacy that Chinese ethnicity and the Chinese nation are one and the same. Its like Ghana demanding allegiance from all Afro-Carribbean and African-American people

Thousands of retirees protest in Wuhan and Dalian over medical payout cuts — Radio Free Asia 

Consumer behaviour

The U.S. cannot afford to turn against immigration | Noah Smith 

Some in Japan Say They Now Fear the “Anti-Masking Police” – Unseen Japan 


Activist investors to push for margins, profitability in first half of 2023 | Reuters – short termism rules


New CDC report shows Covid added little to mental health trends | Jonathan Haidt – interesting insights

How the superfast flight of astronauts and fighter pilots changes their brains | Space 

Hong Kong

Activist investors to push for margins, profitability in first half of 2023 | Reuters – short termism rules


Japan to grant residency to high-earning professionals after 1 year – Nikkei Asia – this is a big move for Japan, but still too little


UK solicitors warned not to act as ‘hired guns’ to silence critics of super-rich | Law | The Guardian – no comment on acting as hired guns to silence journalists investigating public interest issues of prominent sportspeople and politicians in the UK. I presume that’s still acceptable behaviour


Luxury advertising amid an economic downturn | Marketing | Campaign Asia 

Pharrell Williams named Louis Vuitton men’s creative director | Vogue Business 


A personal update from Susan – YouTube CEO Susan Wojcicki steps down, will remain an advisor to Alphabet

Instagram Is Pulling The Plug On Live Shopping WeRSM – what works in China, doesn’t necessarily work elsewhere

‘Aims’: the software for hire that can control 30,000 fake online profiles | Technology | The Guardian 


The Future of the War on Terror | Harpers 

Albanian gangs set up hundreds of spy cameras to keep ahead of police | Financial Times