Northbound funds also saw positive net sales in February after three consecutive months of net outflows.

Northbound funds also saw positive net sales in February after three consecutive months of net outflows.
The NYSE-listed Chinese wealth management provider posted a net loss in 2018 on lower revenues and higher costs.
UBS Asset Management is the best performing overseas fund manager in China for the second consecutive year, according to Z-Ben Advisors’ fourth annual assessment.
Firms interested in joining the scheme will need to apply for an investment quota from China’s State Administration of Foreign Exchange (SAFE).
DE Shaw joins Winton Capital and Man Group, which have launched onshore quantitative strategies.
Tony Tang Xiaodong will supervise the US firm’s long-term business strategy in China as the country opens up its financial sector to foreign players.
Other firms are also expecting regulators to relax rules that will allow them to offer products to retail investors by 2021, according to a local media report.
The trade dispute is seen as one of the greatest headwinds for the world economy with most of the focus on the trade numbers.
An expanding universe of small-cap companies offers a unique opportunity to tap a hotbed for innovation within a segment that for too long has been undervalued, said Tiffany Hsiao of Matthews Asia.
The two foreign firms are the first to receive approval to provide onshore investment advisory services in China.
Part of the Mark Allen Group.