New Zealand’s Fonterra Inks Agreement with the Bank of China to Establish US$216 Million Multi-Currency Facility

Dairy giant Fonterra said on Thursday [15 December 2016] that it had established a 1.5 billion yuan ($216.36 million) multi-currency facility with Bank of China. Fonterra, the world’s largest dairy exporter, said the facility will provide diversity in its yuan funding sources for its operations in China, its largest market…Full Article: The Global Times Dec

China’s Asia Pacific Food Capital Signs Agreement with Kazakhstan’s National Export and Investment Agency

Kazakhstan and China intend to create a joint agricultural investment fund [~US$3 billion], Kazinform reports. Creation of the Kazakhstan-Chinese investment fund in the field of agricultural industry is provided by the Cooperation Memorandum between JSC National Export and Investments Agency KAZNEX INVEST of the Ministry for Investments and Development of the RoK and Asia-Pacific Food

Fresh Fruit Companies on China’s Hainan Island Take Advantage of Crowdfunding Financing

Crowdfunding has helped boost the business of agricultural companies in the southern island province of Hainan, thanks to a financing firm’s cooperation with local authorities. CreditEase Corp, a leading Chinese peer-to-peer or P2P lending and wealth management company, has worked closely with the Hainan Equity Exchange Center, to provide crowdfunding services to local agricultural companies

Shanghai Pengxin May Buy Brazilian Lender to Facilitate Future Agribusiness Deals

Shanghai Pengxin Group Co is in talks to buy control of Brazilian mid-sized lender Banco Indusval & Partners SA (BI&P), as the Chinese conglomerate wants to expand beyond commodities in Latin America’s largest economy, three sources with direct knowledge of the matter said. Representatives of Pengxin and partners of BI&P have discussed tie-up scenarios, two

China’s Startup Exchange, The New Third Board, to Divide in Two Amid Rapid Growth

The National Equities Exchange and Quotations, China’s national over-the-counter share trading market, will soon adopt a new policy that will divide listed companies into two segments-as the securities regulator intends to streamline the regulation of the nascent and rapidly growing market. The regulator is likely to announce the policy by the end of this month,

Agricultural Development Bank of China Invests Billions into China’s Rural Sector in Early 2016

The Agricultural Development Bank of China (ADBC) provided more financial support to China’s agriculture and rural development in the first quarter. The major policy bank poured in 380.5 billion yuan (58.5 billion U.S. dollars) to support agriculture, rural areas and farmers in the first quarter, double the amount in same period last year, it said…Full

China Hopeful that Government Measures to Modernize its Farming Sector will Boost Agribusiness Stocks

Stocks of companies in agriculture-related sectors may coast on recent announcements that the government will expedite development of modern farming in China, said analysts. They further said more than 80 companies listed in Shanghai and Shenzhen, and engaged in farming, agricultural services, food processing and cold-chain logistics, may all benefit. According to Shanghai WIND Information