Several Hong Kong authorised funds have companies in their top ten holdings that have been under trading suspensions imposed by the Hong Kong Stock Exchange.
Tag: China
Chinese asset managers
Regulatory factors are making mainland fund houses evaluate plans for launching RMB products overseas, though the challenges are tough, said David Li, managing director of CACEIS.
Hong Kong protests build
Massive pro-democracy protests in Hong Kong have reached the fourth day, but the financial industry in the special administrative region remains largely unaffected.
Aviva Investors China real estate looks risky
Investment in China’s real estate market looks increasingly risky as developers struggle with a credit crunch and a slowdown in sales, according to Bart Coenraads, head real estate multi-manager for Asia at Aviva Investors.
ADB update on Asia
Asia is on track to remain the world’s fastest growing region, and the biggest risk is if structural reforms are not carried out as planned, said the ADB’s chief economist Shang-Jin Wei.
Amundi overweight on China equities
Amundi Group’s global allocation is overweight China equities as the group plans to expand in Asia, according to Pascal Blanqué, chief executive officer.
QS Investors see Asia exporters gaining
Asian markets and particularly China’s export-oriented businesses stand to benefit from the improvement of the US economy, according to QS Investors, a wholly owned affiliate of Legg Mason.
Chinese officials probe Morgan Stanley
A Chinese inquiry team has visited the offices of Morgan Stanley Huaxin Securities in Shanghai to further an ongoing investigation into a former official who was held in August on suspicion of taking bribes, the Financial Times has reported.
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.
Gold finding hard to fight rate normalisation
Gold seems to be losing its appeal for investors as the precious metal weakens in the face of a looming rise in US interest rates.
