Risk Profile: Ant Technology Group

In a new report released on September 7, RWR Advisory Group addresses the risk profile of Ant Technology Group, as it prepares for an initial public offering (IPO) in Hong Kong and Shanghai that is expected to be the largest in history (managed by a team of financial institutions, four of which are American).

The Risk Profile and U.S. Capital Markets Footprint of China Communications Construction Company (CCCC) and Its Subsidiaries

This report documents the footprint of publicly traded equity and debt issuances of China Communications Construction Company (CCCC) and certain of its subsidiaries in the U.S. capital markets and, to a lesser extent, other global exchanges. It does so in the context of recent actions taken by the U.S. Departments of State and Commerce to add subsidiaries of the company to the latter's “Entity List” for their involvement in artificial ...

A Risk Analysis of the Chinese Corporate Beneficiaries of the U.S. PPP Loan Program

On August 17, RWR pub­lished a report ana­lyz­ing the risk expo­sure of the twen­ty-two U.S.-based sub­sidiaries of Chi­nese com­pa­nies that received PPP loans from the U.S. gov­ern­ment that are pub­licly trad­ed. Of this cross-sec­tion, twelve of these com­pa­nies appear to present nation­al secu­ri­ty or human rights-relat­ed risk fac­tors, whether direct­ly or indi­rect­ly through their respec­tive par­ent com­pa­nies.