The fund is the first ETF tracking the Hang Seng China New Economy Index listed in Hong Kong.
Category: Hong Kong
Energy funds generate best returns
Economic recovery has boosted the performance of conventional energy products since the beginning of the year, according to Morningstar data.
Hong Kong reviews cryptocurrency regulations
The Securities and Futures Commission (SFC) is looking into whether crypto ETFs should be traded on exchanges.
Enthusiasm ebbs for Hong Kong and Singapore funds
Money flowing into equity funds dropped more than a half in the third quarter compared with the previous three months, Morningstar Direct data shows
Asian rich looking to relocate families
The covid-19 crisis has prompted 40% of Singapore wealthy investors to consider moving their families, according to a study by Lombard Odier.
Sustainability gains importance in Hong Kong
Environmental impact has overtaken investment return as the most important factor for Hong Kong investors, according to Schroders.
Hong Kong banks approved for Wealth Management Connect
The banks can now start providing Wealth Management Connect (WMC) services.
Strong Hong Kong demand for structured products
Equity-linked vehicles gained traction among HK$5.7trn of all investment products sold in 2020, regulators found.
BEA Union Investment restructures funds
The asset manager has converted five unit trusts into open-ended fund companies (OFCs) to lure mainland investors.
China connectivity to fuel Hong Kong PWM growth
The AUM of the city’s private wealth management (PWM) industry is expected to grow six to 10% per annum over the next five years, say wealth managers.
