The long-delayed launch of the southbound channel saw $619m of volume on the first day of trading.

The long-delayed launch of the southbound channel saw $619m of volume on the first day of trading.
Despite the drop in prices, some fixed income managers increased exposure to the Chinese property developer during the past two months, said Morningstar.
China’s fixed income market offers defensive assets with attractive returns amid equity market volatility.
Mainland investors will be allowed to trade offshore debt through Hong Kong as a result of the new development in the scheme.
Despite their relatively lower rating today, real estate companies are on an upward ESG trajectory in Asia’s bond market, argues Haitong International (Haitong) and Tabula Investment Management (Tabula).
With leading indicators for China suggesting only a temporary economic slowdown, there is reason for optimism in terms of the fixed income and equity markets, according to Pictet Asset Management (Pictet AM).
The US asset manager is wary of risks among Chinese property developers and state-owned enterprises (SOEs).
Technology hardware and Chinese healthcare equities should outperform during the rest of the year, said the asset manager.
The fund is the first emerging market-focused green bond fund approved in Hong Kong.
The fund will invest in high yield US and European bonds.
Part of the Mark Allen Group.