Investment Index: ★★★★★
Job Hunting Index: ★★★★
The always spirited Mr. Liang has been hanging his head lately. He just quit his job at a well-known advertising agency in Beijing and wanted to go back to his hometown of Guangzhou to make a big splash. However, there were some unforeseen circumstances. A hiring freeze initiated by media giant WPP Group has already affected the industry. During an interview at a 4A advertising agency in Guangzhou, the company director kindly suggested to Mr. Liang that he might want to take classes to improve his English.
Mr. Liang is not one of the few who have had the same experience. According to the Wall Street Journal, the U.S. economy is slowing down, but there is a wave of "back-to-school". Some of those considering going back to school are victims of the financial layoffs, while others feel their jobs are about to be lost. Some MBA applicants who are currently working steadily also believe that it is a good choice to take this time to study for a postgraduate diploma, which can pave the way for future promotion and job-hopping. Yin Xiong, director of Giant Education, said in an interview that although there are no signs of a surge in demand for vocational training, the education industry has always been a risk-resistant industry in the eyes of investors, and will perform well even in an economic downturn.
Recently New Oriental announced the first quarter of fiscal year 2009, the end of the audited financial report, said the first quarter net profit of 44.9 million U.S. dollars, compared with the same period last year, an increase of 38.1%. The investment industry with real money to the training industry "show good". Guangzhou's largest local extracurricular tutoring organization, Excellence Education, received $8 million in venture capital from Shenzhen Daxin Investment Company at the end of last year; Xueda Education received its first round of financing led by CDH Venture Capital, which amounted to nearly 20 million U.S. dollars.
Comment: After the financial tsunami, education and training will still be a growth industry. Especially in the context of industrial upgrading, the demand for skilled technical workers is still increasing. The so-called manufacturing upgrade, in addition to technological research and development as well as the upgrading of the industrial chain, the improvement of the quality of labor is also quite important. (Bian Hua Helm)
2 Study abroad institutions foreign currency depreciation has given rise to a good opportunity to study abroad
Investment index: ★★★★★
Job index: ★★★
"Consultation on studying in the United States and Europe, Southeast Asia, and Australia has always been very hot, but now a lot of customers have the exchange rate problem hanging on the mouth." Ling Ziru, senior consultant of Qidian study abroad organization in Australia, introduced to the reporter.
October 7, Australia's central bank will be the Australian dollar benchmark interest rate from 7% to 6%, resulting in the Australian dollar exchange rate plummeted. The current exchange rate of the Australian dollar against the Chinese yuan has fallen from the top of the level of 6.8-6.9 to 4.1-4.2 within the range, the Canadian dollar before the exchange rate of about 1:7 to the yuan, is now about 1:5. "Nearly 40% of the decline is enough to attract more students to choose Australia to study for further education." Ling said.
Currently affected by the significant depreciation of the Australian dollar, two groups of people are becoming the main force to study in Australia. The first category is junior high school to senior high school students brother. "In the past, when the Australian dollar is very expensive, some parents will consider letting their children finish high school in China and then go to Australia, now the Australian dollar depreciation is so strong, coupled with out of the consideration of letting their children adapt to the Australian life as early as possible, they will send their children to Australia to study in advance." Ling Ziru said.
Another group of beneficiaries are white-collar workers who want to further their language studies or go on a study tour in Australia. Ling said the 570 language visa to Australia has seen signs of relaxation, for white-collar workers who want to take advantage of the bad economic environment to study abroad, do not need to take the IELTS test to apply directly to the language center of Australia's institutions of higher learning. According to Luo Yuhua, manager of the Asia-Europe Department, in the economic downturn, many customers who previously chose countries with higher costs have turned to countries like France, Singapore and South Korea, which have lower requirements for deposits and more lenient application conditions. According to a report in the United Daily News, the financial turmoil has swept Europe and the United States, and universities there have turned their enrollment goals to China.
Investment in the market, since the listing of New Oriental, investors are concerned about the education sector extends to study abroad intermediaries. According to industry insiders, as early as last year, there are many venture capital, private equity interested in this type of service organizations, many of the leading position in the study abroad service organizations have been in contact with PE, VC.
Comment: Studying abroad is easier and faster than ever, so the prospects for the industry should be good. But it is after all a smaller industry, the demand for professionalism and quality of service, the economic benefits for investors is not great. Against the backdrop of the financial crisis, the industry should be able to perform well on an unaffected basis. (Bian Hua helm)
3 Human resources prospective job seekers surge
Investment index: ★★★★★
Job-seeking index: ★★★★
In the U.S., a number of companies' phones have often been busted lately, and that's a large number of people who suffered from the Lehman crisis and lost their jobs are looking for a new way out. In the country, if you are unfortunate enough to be included in the list of layoffs, in addition to receiving re-education and training, the pressure to make ends meet or will make you shake your spirit and start to find another way to make a living. Going to job boards to submit resumes has become the choice of job seekers.
According to Wu Fan, a human resources expert at Wisdom Recruitment, in the midst of this financial crisis, the network recruitment has found some changes in the job market for job seekers and employers. Wu said that the crisis has increased the number of "job seekers" and "prospective job seekers" (those who "save for a rainy day") in the "talent market". The number of "job seekers" and "prospective job seekers" (those who are "saving for a rainy day") in the "talent market" has increased, and the proportion of "prospective job seekers", which used to account for a relatively small proportion of job seekers, is estimated to have risen considerably due to the impact of the crisis on the confidence of job seekers. These prospective job-seekers will usually use the Internet to search for jobs for a rainy day because of their existing jobs, while those who are really looking for jobs will tend to prefer the Internet, partly because of the low cost of searching for jobs, and partly because the effectiveness and efficiency of searching for jobs through other means of searching for jobs (e.g., on-site job fairs, newspapers) will be lower. The effect and efficiency will be relatively low.
In terms of employers, the HR of enterprises can only "spend money on the knife edge", through the network recruitment is currently the lowest cost of all kinds of means of recruitment in a way.
Investment in the market, Wisdom and Talent respectively in the last month to continue to get venture capitalists, completed a new round of financing.
Review: do comprehensive recruitment site, just leaning forward 2-3 can survive. First, technology burns more money, and secondly, for job seekers, generally seek employment through multiple channels. At present, the information processing speed of the network recruitment website is still not very good; for recruiters, how to eliminate resume forgery is also a problem. In addition, regional and industry-specific job boards also bring considerable impact and pressure. (Bian Hua helm)
4 economy hotel the more downturn the more expansion
Investment index: ★★★★★
Job index: ★★★★
Li Jianxin's point of view is that, in the context of the financial tsunami, everything in order to reduce the cost of operation of the enterprise service industry is particularly optimistic about the investor. Taking economy hotels as an example, the most intuitive reason is perhaps the reduction of business people's travel expenses, triggering the demand for clean and fast economy hotels. In the recent economic slowdown at home and abroad, the financial turmoil led to a global panic of financial capital and other market downturn background, 7 days hotel chain again won the favor of international capital, took the British Union Investment, Warburg Pincus fund jointly invested 65 million U.S. dollars.
Wu Haibing, chief financial officer of 7 Days Inn, said the current economic hotels can find better properties at lower rental prices, which has become a favorable factor in the downturn.
Wu described that although there is still no trend to see a significant rise in demand for budget hotels, "the situation is just a little bit better." Wu analyzed that the performance of economy hotels in the economic downturn depends on the game of two factors: the impact of the decline in the frequency of corporate travel and expenditure, as well as the concept of economy hotels itself to bring the attraction of customers. The results of this game need to pay particular attention to the accommodation budget of about 400 yuan among the business travelers. From the current business situation, the National Day Golden Week and the Canton Fair hotel occupancy situation, are similar to last year's level, there is no obvious signs of increase or decrease.
"The current expansion will be more cautious." Wu at the same time introduced, out of the current economic environment, the expansion of budget hotels or to maintain a cautious attitude, will not be as fast as the pace of the previous pace. "But this period of time should also be a good time to cultivate internal strength and improve internal system management!"
Comment: It is believed that in the near future the vacancy rate of economy hotels will have a certain degree of decline, but the industry has grown and expanded too fast in recent years, and it can be said that it has reached a bottleneck of adjustment. (Chen Siegen)
5 E-commerce Internet industry investment hotspot
Investment index: ★★★★★
Job search index: ★★★★
Online shopping has become a way of life for young white-collar workers. In the face of the economic downturn, consumption has become cautious groups are more keen on comparison shopping and become picky. In the downturn, as the consumer side, online shopping is becoming a trend, and is likely to become the mainstream form of consumption.
Taobao data show that Guangdong, Shanghai, Beijing, Zhejiang, Jiangsu and other places online shopping market share, from the first half of the online shopping market development trend, the second and third markets in the online shopping transactions in the rapid growth, showing strong potential for development.
In addition, the export trade further shrinks, e-commerce platforms follow the trend, will look from export sales to domestic sales, to help small and medium-sized enterprises with lower costs and higher efficiency to develop the domestic demand market. "Boosting domestic demand is both a need for national strategy and a huge business opportunity." Taobao public relations manager Lu Weixing said. Earlier Taobao announced in Beijing that parent company Alibaba will invest 5 billion yuan in Taobao in the next five years to boost the domestic demand market.
Can the domestic demand market be detonated in online shopping? According to data from Avery Consulting, there is huge incremental space in the domestic online retail market, with China's online shopping transaction scale set to realize a high growth rate of 125.1% this year, reaching 126.3 billion yuan, and expected to reach 569 billion yuan in 2011. Cultivated by e-commerce websites, China has a population of up to 120 million online shoppers.
Such a huge e-commerce market also attracts capital. According to CHINAVEN-TURE's "China Venture Capital Market Research Report for the Third Quarter of 2008", e-commerce has become a hotspot for investment in the Internet industry in the third quarter of 2008. Among the 20 investment cases in the Internet industry, there were 5 cases of e-commerce, accounting for 25.0% of the number of investment cases in the Internet industry; the investment amount was US$62.16 million, accounting for 23.3% of the investment amount in the Internet industry. (See attachment)
Comment: In the IT industry, e-commerce has always been the object of capital favor. Even in the context of the financial crisis, high-speed growth can still be expected. (Bian Hua helm)
6 psychological counseling industry, domestic demand to pull the prospects?
Investment index: ★☆
Job-seeking index: ★
What if one day unemployed?
When will I get my money back from the stock market?
Oh my god, I feel like I'm going to be unable to pay my mortgage soon.
Mr. Wang, who works for a foreign trade company in Guangzhou's Baiyun district, has been particularly anxious lately. Since this round of financial crisis, he is responsible for the export trade business has been greatly hindered, night and night sleepless. With the help of his family, Mr. Wang, who has lost a lot of weight, had to seek help from a psychological counseling agency.
According to the five psychological counseling agencies from the reporter contacted to understand, Guangzhou, Shenzhen, Dongguan and other places in the psychological counseling clinics and institutions of the outpatient volume than usual, the average number of people increased by 10%. "Not directly related to the financial crisis, mostly indirectly affected people, probably about 15% of the total number of outpatient clinics, the number of people than before about 10% increase ." Dr. Zhang, a psychiatrist at Viviane Psychological Counseling Institute in Guangzhou, said.
Although not to the delight of these psychiatrists, they have to admit that the market for psychological counseling is very promising. In Guangdong, for example, of the 1 million people suffering from mental and psychological illnesses, if half of them go for psychological counseling, charging 100 yuan per person per session, once every three months, four times a year, the combined total would be a turnover of 200 million yuan.
In the U.S., counselors belong to the high-income upper-middle class, and in China, psychological counseling earnings will have a stable guarantee. "There are not many people who can walk into psychological counseling institutions at present." Liu Yubin said that the current psychological counseling physicians mainly serve two categories of people, one is to focus on the quality of life of completely normal people, they encountered difficulties feel uncomfortable, they will take the initiative to contact the physician; the second is a serious psychological disorders, they are some kind of major disruption of life before they have to go to the consultation. "With economic development and conceptual renewal, psychological counseling is bound to permeate every corner of work, study and life."
In addition, many large enterprises now include psychological counseling in the scope of corporate management, which also means that the psychological counseling industry has more room for development in the future.
Comment: psychological counseling industry is difficult to become a large type of industry. The one-on-one service industry characteristics, in addition to the counselors in China is still a shortage of the status quo, the economic effect brought by the industry is difficult to be extremely rapid amplification, this feature will determine the investors are unlikely to enter the industry to share the growth of a large number of. Personally, I think the counseling industry is more suitable for the development of public welfare undertakings.
7 Pharmaceutical and health care industry by the rigid demand for force
Investment index: ★★★★★☆
Job search index: ★★★★
In the eyes of her parents in Hong Kong, a hotel chain as a middle-level leadership Ms. Lee is a filial daughter. Her mother is almost 60 years old this year, often suffering from heart disease, the past two years has been relying on eating health care drugs imported from the U.S. to heal the body, Ms. Li every month from Hong Kong to bring this kind of expensive medicines, the monthly cost is about 3,000 yuan. Recently affected by the financial crisis, Ms. Li's income in Hong Kong has been adjusted downward by one tier, and the exchange rate of the Hong Kong dollar against the Chinese yuan has continued to bottom out, which have reduced her income by a lot. "What can be done about it, it's time to see a doctor and get treatment. I'm not going to give up healthcare."
The healthcare sector seems to have not only been unaffected by the financial crisis, but is also bucking the trend. China Pharmaceutical (600056) Business Association Executive Vice President Zhu Changhao analyzed that, due to the special attributes of the pharmaceutical and health care industry, it suffered a relatively small blow, the reality of the reaction a little late or even not at all show, in general, the ability to rigid demand quite this industry.
He also said that before and after the outbreak of the Asian financial crisis in 1997, not many industries can survive, the health care industry is considered one of them.
Zhang Yin, an investment analyst in the healthcare sector at BOC International, expressed the same view. "China itself was not affected by the financial crisis to a great extent. Foreign markets such as finished drugs, food and feed processing have been hit harder, and the impact has been transmitted to China's pharmaceutical industry, which is only somewhat affected by the export of raw materials."
Zhang Yin said the recent introduction of the new health care reform policy on the industry as a whole is also a good thing, the country will increase investment in the medical industry, local governments will also take out part of the revenue,*** with the promotion of this industry to improve the more and more sound medical services and health care system will be covered by the grass-roots level of the rural areas, a huge market potential attracts all kinds of capital to jump into action.
On the 17th of this month, the largest industrial holding company in Northern Europe, Sweden's silver Ruida Group (InvestorAB) subsidiary Yintuo Asia Limited, invested more than 80 million U.S. dollars in Hunan People's Pharmaceutical Chain Company Limited; on the 21st, the world's leading multinational pharmaceutical group Sanofi Aventis declared that it wants to expand its research and development institutions in China to expand research and development scale. At a time when major investment organizations and enterprises are struggling to cope with the financial crisis, the healthcare market, which has not been affected by the economic cycle, stands out.
Review: The national policy for the healthcare industry is gradually opening up, and all kinds of capital are swarming to the industry. It should be said that the prospects of the medical industry is the investors have been optimistic about the industry. In the economic downturn, venture capital investment tends to be conservative, medical education and other services have become more of a good choice for a few. But it is worth distinguishing the health care industry, which has overdrawn consumer credit, the status quo appears to be chaotic and is not favored by investors. On the contrary, industries such as pharmaceutical sales chains are generally favorable.