A former UBS director of UHNW assets is part of a team behind the newly-established DC Wealth Management (HK).
Tag: Alibaba
Is China well-suited for fintech?
The marriage of fintech and wealth management presents a vast growth opportunity in China, but it coexists with examples of massive fraud that have led to a regulatory crackdown, according to a report published by Oliver Wyman, a consulting firm.
Global indices still warm on China
Some see the economic outlook for China as grim, supported by manufacturing data, but global index providers hold a more positive view, said according to Jackie Choy, ETF strategist at Morningstar.
China this week – June 2015
AMAC cautions on Shenzhen market The Asset Management Association of China reiterated warnings to asset managers about the ChiNext, a NASDAQ-type board of the Shenzhen Stock Exchange. Valuations of companies on the Shenzhen exchange have soared as investors expect the Shenzhen-Hong Kong stock connect to launch this year. The organisation said asset managers should encourage […]
Funds start buying into Alibaba
About one month after Alibaba’s $25bn IPO on the NYSE, the largest in history, five funds registered for sale in Asia have made the Chinese ecommerce giant a top ten holding.
Alibaba IPO
The September IPO of China’s ecommerce giant Alibaba is expected to be the largest in US history, but it could have a negative impact on many companies in China’s internet sector, said Yue Yao, senior equity manager at Morningstar in China.