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  • Abney Associates See BMW Driving In China Sales

    Abney Associates advising investors on German luxury automobile manufacturer, Bayerische Motoren Werke AG (BMW), have predicted that China is set to overtake the US as its leading market in 2013.

    July 2013 - "Analysts at Abney Associates have noted that this prediction is based largely on the emergence, within China, of rapidly growing communities, there are more than 100 cities in China with a population of over 1 million that currently have no premium car dealers. Penetration into these untapped markets, along with the introduction of a number of new model vehicles, is expected to push China to the front of BMW's global industry," explained James Carter, Senior Vice President of Mergers and Acquisitions at Abney Associates.

    The German car manufacture researchers have been able to estimate that as much as 62% of China's potential car buyers, within the next 12 months, will come from smaller communities and cities where, at the moment, there are no premium automobile dealers. BMW's expansion into these new emerging markets are perfectly timed, with the premium auto segment in China expected to increase by 7 percent within this financial year.

    BMW's plans for growth within China will center on the addition of over 60 new dealerships, covering each of China's provinces and bringing the total number of outlets up to over 420 nationwide. The car manufacturers are expecting continued success with sales of the 5-Series and the BMW Mini the company's bestselling models in China, and are preparing to launch their 'i3 electric' city car in the second quarter of 2014.

    "In the past the U.S. has been BMW's most profitable market, the car makers first half sales report for 2013 shows that China has now overtaken the US, both in sales growth and in overall deliveries," a senior analyst at Abney Associates said and went on to say. " In the first-half of 2013, U.S. sales had risen by 9 percent, equating to a total of 172'787 cars sold, compared to China's sales gaining a massive 15 percent, bringing the total number of cars sold up to 182'800."

    Despite BMW's Chinese sales falling marginally short of their German based competitor Audi, they have had a higher percentage growth for at least three consecutive years. While in 2012 Audi held 29.6 percent of the Chinese market for premium automobiles, against BMW's slightly lower 23.6 percent, however BMW is now leading the way in the first-half of 2013 having seen a 40 percent increase in the number of vehicles sold, compared to the 30 percent gain seen by Audi.

    "The future looks promising for BMW, with their hold on world markets, their skill in product development and the prestige that comes with the company name. Expanding into this growing market will bring wealth adding to the previous decades success, where they have gone from selling 800 cars in the whole year of 1994, to selling over 900 cars per day last year," added James Carter, Senior Vice President of Mergers and Acquisitions at Abney Associates.

    Abney Associates are a Hong Kong based company that provides a range of financial services to individual clients, portfolio companies, corporate investors and entrepreneurs who wish to take unbiased financial advice.

    Abney Associates are primarily a team of financial specialists who pride themselves on having a high level of expertise and vast experience for diligently monitoring any positive or negative developments to companies currently listed on exchanges globally, especially those that may affect client investment interests. This is done in order to ensure the financial advice given is factually correct and delivered in an effective way.

    Aug 05 10:56 AM | Link | Comment!
  • Abney Associates Predict Mutual Development From China And ASEAN Countries

    Abney Associates believe that by concentrating on the development of industrial cooperation, still in its infancy between China and ASEAN countries is the way for them to achieve mutual growth.

    Set up in 1967, ASEAN comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. To consider it as one entity, it covers an area of 4.44 million square kilometers and has a population of approximately 576 million.

    "Huge amounts of trading goes on between ASEAN countries and China, and has scope for further growth. This offers huge potential for investment opportunities both long and short term," explained James Carter, Senior Vice President of Mergers and Acquisitions at Abney Associates.

    Trade between China and the Association of Southeast Asian Nations (ASEAN) reached a record high of USD $400.9Billion in 2012 and the general consensus is that this has flourished since the launch of the Regional Comprehensive Economic Partnership (RCEP), soon expected to be the biggest free-trade market in the world. Commodities are in huge demand and many different groups of consumers within China have instigated trade amongst ASEAN bloc companies to take full advantage. Trading in chemical, mechanical and transportation equipment products is an area that is especially showing rapid growth and seems to be offering the biggest potential for development.

    "This year we have been watching the complimentary growth developing in a hugely encouraging way for industrial cooperation within each ASEAN member's financial market trading platforms. With half of the consumers in the world and one-third of the global GDP value, we are monitoring extremely closely any progress that will inevitably develop once the RCEP reveal their proposed financial strategies. By doing so we can maximize returns on investment for our clients," added James Carter, Senior Vice President of Mergers and Acquisitions at Abney Associates.

    Although duty-free policies do not directly transpire into a common path for economic growth, the zero tariff policies are showing signs that they are working as intended. The policies were aimed at developing industry chains and also providing complimentary advantages amongst trading partners. It is evidently working well and is creating opportunity and that seems to be, not just the general opinion but also the reasoning as to why this is drawing the attention and interest from the senior VP at Abney Associates.

    Abney Associates are a Hong Kong based company that provides a range of financial services to individual clients, portfolio companies, corporate investors and entrepreneurs who wish to take unbiased financial advice.

    Abney Associates are primarily a team of financial specialists who pride themselves on having a high level of expertise and vast experience for diligently monitoring any positive or negative developments to companies currently listed on exchanges globally, especially those that may affect client investment interests. This is done in order to ensure the financial advice given is factually correct and delivered in an effective way.

    Jul 31 12:26 AM | Link | Comment!
  • Abney Associates Asia Stocks Back On Track

    Abney Associates an outlook of Asian stocks as they head for their largest gain in nine months

    July 17, 2013 - Stock prices in Asia gained their biggest advance since September 2012 amid signs the Japanese and U.S. economies are improving following this week's statement that reassured investors that the stimulus efforts by the Federal Reserve will remain in place for some time.

    Japanese exporters led gains as weaker yen boost the value of overseas income at carmakers and electronics manufacturers when repatriated. Toyota the world's biggest carmaker gained 1.5 percent. Honda Motor Co rose 2.2 percent. Panasonic Corp, Japan's second-biggest television maker, jumped 6.7 percent. Japanese lenders gained momentum after the nation's industrial output beat expectations, Mitsubishi UFJ Financial Group Inc, Japan's No. 1 lender led the way with 4.1 percent gains, Sumitomo Mitsui Financial Group Inc the number 2 lender followed with 2.9 percent gains.

    The MSCI Asia Pacific Index climbed 1.9 percent, Japan's Topix index rose 3.2 percent and the benchmark Nikkei 225 Stock Average jumped 3.5 percent extending gains for a second week, South Korea's Kospi index gained 1.6 percent and Taiwan's Taiex index added 2.3 percent. Singapore's Straits Times Index increased 1.1 percent. Hong Kong's Hang Seng Index advanced 1.2 percent. China's Shanghai Composite Index rose 0.7 percent, New Zealand's NZX 50 Index rose 0.5 percent, while Australia's S&P/ASX 200 Index lost 0.2 percent.

    "The Japan's prime minister Shinzo Abe is determined in his path to strengthen the economy with factory output rising the most since December 2011, we anticipate a low interest rate policy for the foreseeable future in the U.S. until unemployment figures drop reinstalling confidence in the Asian markets," said Michael Pringle the Head of Investment Analysis from Abney Associates.

    Abney Associates are a Hong Kong based company that provides a range of financial services to individual clients, portfolio companies, corporate investors and entrepreneurs who wish to take unbiased financial advice.

    Abney Associates are primarily a team of financial specialists who pride themselves on having a high level of expertise and vast experience for diligently monitoring any positive or negative developments to companies currently listed on exchanges globally, especially those that may affect client investment interests. This is done in order to ensure the financial advice given is factually correct and delivered in an effective way.

    Jul 17 4:05 AM | Link | Comment!
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