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 […]
Tag: Alibaba
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.
