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Rick Abney

49/F Hopewell Centre, 183 Queens Road East, Hong Kong

Member since June 15, 2013


  • Abney_177_ Abney Associates advising investors on the recent developments in Chinese property sector as refinancing legislative changes alter renewed share offers. “With all signs pointing to the Chinese Government allowing key changes in financial legislation, all eyes are on property developers as they announce major share issues to underwrite large projects. The main targets of investor interest are Shenyang based Sundy Land Development Co. and China Merchants Development Co. , two of the largest such companies in the Peoples Republic of China,” explained James Carter, Senior Vice President of Mergers and Acquisitions at Abney Associates. Sundy Land has hinted their intentions to offer a private placement parcel with a valuation of some 1.5 billion Yuan ($245 million), the capital from which will be used in construction of two large housing projects. This news follows last week’s announcement by Xinhu Zhongbao Co. of their decision to raise 5.5 billion Yuan in private placement trading in order to fund several large-scale real estate projects. “This is all coming together at an ideal juncture for the Chinese property market, the Government’s decision to alter financing laws will allow the first inflow of such capital since 2010 and with the surge in developments already in ground breaking stages, shareholders are feeling optimistic. The business is there, they just needed the capital to fully exploit the opportunities,” added another Analyst at Abney Associates. With the...
  • Image_177_ Abney Associates advising investors on recent developments within Kia following the recent second quarter rise, exceeding estimates. KIA was founded in 1944, opening its first integrated assembly line in 1973 as South Korea’s oldest automobile company it expanded to become the country’s second largest manufacturer. KIA is part of the Hyundai-KIA industrial group one of the world’s leaders in the automotive industry. KIA motors have dealerships in 172 countries with more than 40,000 employees worldwide, they are strategically placed to challenge their Japanese and U.S. Competitors. As Asian car manufacturer’s sales increase throughout all sectors, KIA Motor Corporation is well placed exceeding analytical review. “Abney Associates analytical reports for the past five years sales and profits indicate that they have more than doubled in the given period to date, revenue in 2012 exceeded 47 trillion South Korean Won giving 10.7 trillion won profit compared to figures in 2009 of 25.5 trillion won revenue and 4.6 trillion profit for the year ending. In a climate of economic unrest it is refreshing to see strong sales figures increasing year on year with 2013 forecast on target to increase last year’s figures by over 4 percent we will be closely monitoring any developments of the company to see an increase in profit ratio,” explained James Carter, Senior Vice President of Mergers and Acquisitions at Abney Associates. KIA have managed to gain market share by transforming them...
  • Abney_177_ Abney Associates are notifying clients on the opportunities available in investing in the world’s largest Advertising Conglomerate as share prices rise. “In the world of advertising bigger is better and the biggest is king. The markets have reacted predictably to what is now the world’s largest advertising conglomerate formed by the merger of two titans, Omnicom Group Inc. and Publicis Groupe SA. this $23 Billion super merger beat out Dentsu Inc’s buyout of Aegis Group Plc. for $4.9 Billion to become the largest in the advertising world,” stated James Carter, Senior Vice President of Mergers and Acquisitions at Abney Associates. The year to date performance for what had been the second and third largest advertising groups has already been spectacular, with return on investment over the last year of 47.84% for Publicis Groupe SA and 32.47% for Omnicom Group Inc. With the new Netherlands, based company controlling most of the world’s large advertising agencies and boasting an impressive array of Blue chip accounts confidence is high. With global advertising spending tipped to increase by 5.1% next year and as high as 5.8% the following year, they picked the perfect time to merge. They now have market dominance in an ever and faster increasing sector, premium accounts worldwide and are expected to save around $500 Million a year in expenditure through this merger. Both Omnicom Group Plc. and Publicis Group SA shares traded up buoyed by the merger announcement with rises...
  • Abney_177_ Abney Associates are advising its investors that the strength and vitality apparent within current financial gains across ASEAN nations will confirm predictions of consistent future levels of growth. "We are seeing more results every day throughout the ASEAN markets and relative industries that have been the strength behind the growth in its’ regional economies. The key element of this is that growth companies now have a choice of where across the region to set up in order to be competitive whilst also gaining access to the advantages offered by the more advanced members of this association,” explained James Carter, Senior Vice President of Mergers and Acquisitions at Abney Associates. While there is no current movement towards a single regional currency, this association is considerably beneficial to the members of ASEAN as there are benefits to the flexible foreign exchange rates employed presently that support the flow of business and trade. The one thing that is most attractive for the multinational companies is simplicity. “This positive atmosphere offers opportunities that end with our clients achieving substantial gains from the solid positions we are recommending. Many factors contribute to the confidence associated with this and we expect ASEAN countries overall to show further growth. Standardized rules and regulations have made the supply chains we see developing as financially attractive both within inter-trading member nations and by their trading arr...
  • Abney Associates See BMW Driving in China Sales

    Community, Communication Design

    Abney_177_ 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 ...
  • Abney_177_ 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 encou...
  • Abney_177_ Abney Associates comments on China’s mining associations latest statement reaffirming the world’s largest producer of Gold is poised to increase output by almost 10 percent this year to a record levels even as bullion prices slump. July 26, 2013 - Gold output in China, the world’s largest producer, is poised to rise almost 10 percent this year to a record even as bullion prices slump, the nations mining association said. “Gold’s role as a tool for wealth protection is still widely recognized in China,” Wang Jiahua, executive vice chairman at the China Mining Association said in interview in Zhaoyuan, Shandong province, on June 21. “The global economy isn’t out of the woods yet -- the European sovereign debt crisis hasn’t been solved and many still wonder if Abenomics in Japan will work, so gold’s downside should be limited, output may rise to as much as 440 metric tons.” The country, which overtook South Africa as the largest producer in 2007, had output of 403 tons in 2012, according to data from the Beijing-based group, an affiliate of the Ministry of Land and Resources. “We haven’t heard of any Chinese miners opting to lower production because of the gold rout,” said Le Yukun, head of metals and mining research at BOC International China Ltd. in Shanghai. “All we can see now is that the slump in gold prices will curb investor interest in gold-mining assets.” Investors now look directly to the source to make profits as gold prices dropped by the most since Februa...
  • Abney Associates Asia Stocks Back on Track

    Community, Communication Design

    Abney_177_ 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...
  • Abney_177_ Abney Associates advising investors on positive outlook for bargain good quality share holdings within China as the country hits six-month low. June 24, 2013 - “Chinese shares hit their lowest point in a six-month period last week over concerns of poor economic data and a withdrawal of equity in emerging markets leading way to the world’s second largest economy suffering a liquidity drain of $835 million from stock funds primarily held in Chinese holdings. On a positive note, this gave rise to an increase of bargain priced investment holdings in well-established quality companies within China driven by a constructive macroeconomic and earnings outlook,” said Richard Hunter Director of Private Equity from Abney Associates. Companies are now looking at their future holdings and re-investing within their own corporations buying back shares at the low prices, portrayed as a positive signal that companies despite the downturn in share value have the confidence in their future growth. Last week the company’s controlling shareholder through its wholly owned subsidiary acquired 1.13 million shares in Shanxi Coal International Energy Group Co Ltd and at the start of the second quarter 19.38 million shares in Zoomlion Heavy Industry Science And Technology Co Ltd were acquired by senior management. Zoomlion suffered a 68.7 percent decline in performance in the first quarter of this year with a steady drop in share value since February, due to a decline in the construction machin...
  • Abney Associates advising investors on China’s slowdown in growth becoming stabile and Beijing planning will boost Asian markets.

    “The Chinese leaders have for some time been concerned their rate of growth was too large to be sustained indefinitely. We are advising clients of the positive effect this is having on markets in general across Asia. China has stable employment and rising incomes proving they are interested in economic growth with efficiency and quality and not only just the speed of growth. They are contributing to the positive factors, driving Asian recovery onward to increased health,” said Michael Pringle the Head of Investment Analysis from Abney Associates.

    Manufacturing in China accelerated in May, indicating a slowdown in economic growth in the first quarter is stabilizing. The report providing the information will bring comfort to policy makers after the reading of the survey pointed to the first reduction in months. The President Xi Jinping, has said that government measures reforming the economy will bring lower levels of growth and warned last month that new stimulus creates risk.

    This reinforces policy that the government is in control with a slower rate of expansion since annual average growth of 10.5 percent over the past decade has led to industrial overcapacity, increasing financial risks and environmental problems. China’s rate of growth was 7.8 percent in 2012, the lowest level in 13 years and the government has set a goal of 7.5 perce...