Blue chips in Hong Kong and some A-shares look attractive given the southbound capital flows via Stock Connect and as the MSCI makes a decision on inclusion in June, according to fund managers.
Category: News
Deutsche WM director joins J Safra Sarasin in HK
Bank J Safra Sarasin has hired Masaki Sugawara as a Hong Kong-based managing director for client advisory.
Singapore account holders must disclose tax residency status
Account holders in Singapore have been told by the taxman to fully cooperate with their financial institutions as they determine the tax residency status of their clients under the Common Reporting Standard (CRS).
The FSA Spy market buzz – 06 January 2017
SAFE squeezes; Aberdeen’s A to Z; SLI likes Chinese tourists; Capital Group gives good news; Don’t believe the brokers; Goldfish outdo humans; Common reporting woes; Mozart and markets and much more.
Harvest: Great rotation might not last long
Global growth in the second half of the year will help determine whether investors continue moving from bonds to equities, said Harvest Global Investments CIO Thomas Kwan.
Ex-Citibank HK banker penalised for copy-and paste signature
A former Citibank senior personal banker in Hong Kong has been penalised for copy-pasting a client’s signature to deceive the bank into accepting the signature as genuine.
Morningstar Asia fund reviews and re-ratings – December
A downgrade for an Aberdeen fund, an upgrade for Templeton and coverage initiated on several others.
Singapore charges Falcon PB official
Swiss national Jens Sturzengger has become the first westerner to be charged by a Singapore court as part of the investigations into the 1Malaysia Development Bhd (1MDB) money laundering scandal.
China’s currency a rising concern in 2017
RMB depreciation is posing risk for both equity and fixed income investment, sources said.
HSBC PB equity targets: low exports, high earnings
Domestic consumption and services companies in China, India and Indonesia are attractive as potential trade barriers loom, said Fan Cheuk-wan, HSBC Private Bank head of investment strategy in Asia.
