Out of all the companies listed globally, Alibaba is already the 12th most widely held stock in long-only active strategies.
Tag: Alibaba
The FSA Spy market buzz – 15 November 2019
OCBC is unstoppable; Capital Group celebrates; Wisdom at GIC; Job titles at DWS; Fintech’s bamboozlement; S&P highs; Insider sells; Advertising and much more.
A look at Asia tech overweights
Only two products out of roughly 5,000 mutual funds available to Hong Kong and Singapore investors have overweights in the four Asia tech heavyweights.
Can funds outperform BATs?
Mutual funds with substantial holdings in China’s three internet giants – Baidu, Alibaba and Tencent – underperformed the MSCI China index in 2017, data from FE show.
Investment limits tightened on $233bn Yuebao
Tianhong Asset Management has placed a temporary daily cap on investments in Yuebao, the the world’s largest money market fund, in order to stem the influx of money during the Chinese New Year period.
New HKEx rules may pull in China’s tech giants
If the regulator allows the weighted voting rights structure, it will tilt Hong Kong’s stock market toward tech stocks, bringing higher valuations but also increased volatility, argues Tobias Bland, CEO of Enhanced Investment Products.
Chinese government wants stakes in widely-held web giants
China’s regulatory body for internet security is said to be in discussions for ownership stakes in tech giants such as Tencent and social media units under Alibaba, according to industry reports.
AMAC lashes out at fund marketing gaffe
The Asset Management Association of China (AMAC) sharply criticised an online fund marketing campaign launched by an Alibaba wealth management arm and involving 16 fund managers.
China tightens hold on $780bn MMF industry
Chinese regulators continue to rein in money market funds with new rules, but Tencent has launched its own MM product to compete with Yuebao, the world’s largest.
Can China’s tech companies shape the Party?
The success of China’s “new economy” presents a challenge to the Chinese Communist Party’s view of its role in the free market economy, and highlights investment risks in China’s tech giants.
