KPMG

China Connect

August 2014

Follow us on

KPMG China’s business newsletter

Latest Topics

CONSUMER
MARKETS

Online and mobile luxury spending on the rise in China, finds survey

Online and mobile shopping for luxury products has exploded in China, while smartphone penetration continues to grow at a rapid pace, according our recent study. The survey, titled China’s Connected Consumers, analyses responses from 10,200 luxury consumers in China on their online spending patterns.

CAPITAL
MARKETS

China’s securities brokers see profits rise as competition intensifies

Securities brokers in China have seen a rise in profits after a three year decline, benefitting from a more active stock market, expansion of margin financing, securities lending and asset management growth, according to KPMG’s latest Mainland China Securities Survey 2014.

Featured Publications

GLOBAL CHINA PRACTICE:
Investment in China: Numbers and Trends

This report provides a look into China’s macroeconomic situation, economic indicators, significant policy announcements, and developments in the spheres of inbound and outbound investment.

GLOBAL CHINA PRACTICE:
China’s urban future: Financing a new era of urbanisation

This article discusses the challenges China faces to fund its new era of urbanisation, and look at potential solutions that will enable local governments to access capital efficiently.

Hong Kong Edge

KPMG professionals share their insights and knowledge in areas such as ‘Shanghai-Hong Kong Stock Connect’, Chinese e-commerce, the deposit insurance system in China and tax development.

Hong Kong IPO Market Update

In this issue, the Hong Kong Capital Markets Group reviews how the market has been performing in Q2 2014 and set out the outlook for the rest of the year.

Upcoming Events

KPMG News

Additional KPMG Insights




	25/8 (Shenzhen): VAT Reform Seminar for Real Estate Industry
	26/8 (Guangzhou): VAT Reform Seminar for Real Estate Industry
	28/8 (Hong Kong) VAT Reform Seminar for Real Estate Industry
	4/9 (Hong Kong): Welcome Cocktail – Individual Executive Services (IES)
	11/9 (Hong Kong): KPMG Executive Briefing: Update on IFRS 9

	John B. Veihmeyer selected Global Chairman of KPMG
	KPMG International launches new global Data and Analytics Labs with the aim of delivering better business insights for clients

ADVISORY

	Trends shaping the future insurance M&A landscape

AUDIT

	Hong Kong Capital Markets Update – Issue 3, July 2014
	New on the Horizon: Accounting for dynamic risk management activities

TAX

China Tax Alert:

		FATCA: China reaches “agreement in substance”
		China Customs simplifies approval formalities for processing trade and shifts focus to actual supervision

	Hong Kong Tax Alert:
			Inland Revenue Department issues guidance on Taxation of Specified Alternative Bond Schemes (Islamic Financing)
			Stamp duty amendments passed
			Hong Kong signs double tax agreement with Korea

INDUSTRIES

	Banknotes
	China 360: Internet-based funds – the dramatic rise of ‘industry disruptors’
	Spotlight on Hong Kong Private Banking Sector

Virtual library

KPMG China offers insightful reports on doing business in China and worldwide. You can access these from the Research section of our KPMG China home page.

KPMG China Connect, published in electronic format, is one of the KPMG China's initiatives that help reduce the carbon footprint.

send a service enquiry

your feedback

Update my profile
To update your contact details, please click here.

Manage my subscription
Subscribe to this newsletter
Unsubscribe from this newsletter
Unsubscribe from all KPMG's e-Communications
Please allow 10 business days for your opt-out request to take effect.

This e-Mail was sent by KPMG, 8th Floor, Prince's Building,
10 Chater Road, Central, Hong Kong. Tel: +852 2522 6022.

You have received this newsletter because you have previously expressed an interest in KPMG's communications or because we believe that the content of this communication is of interest to someone in your position. Your data may be used by us for marketing purposes. For enquiries, please click here.

Please do not reply to this message. This e-mail was sent from a notification-only address that cannot accept incoming e-mail.
For enquiries, please click here.

Privacy & Disclaimer

© 2014 KPMG Advisory (China) Limited, a wholly foreign owned enterprise in China and KPMG Huazhen (Special General Partnership), a special general partnership in China, are member firms of the KPMG network of independent member firms affiliated with KPMG International Cooperative ('KPMG International'), a Swiss entity. All rights reserved.

© 2014 KPMG, a Hong Kong partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ('KPMG International'), a Swiss entity. All rights reserved.

The KPMG name, logo and "cutting through complexity" are registered trademarks or trademarks of KPMG International.

KPMG International Cooperative ("KPMG International") is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.