Hong Kong-based Value Partners has joined Fidelity, UBS AM and Man Group with the launch of an onshore China fund, as momentum for foreign-managed products targeting China’s professional investors continues.

Hong Kong-based Value Partners has joined Fidelity, UBS AM and Man Group with the launch of an onshore China fund, as momentum for foreign-managed products targeting China’s professional investors continues.
The stronger renminbi may be behind a decline in sales of offshore fund products on the mainland via Mutual Recognition of Funds in 2017, said Rex Lo, BEA Union Investment’s managing director for business development.
Sino-foreign joint ventures stand to benefit in China’s tightening regulatory environment thanks to the relative transparency of their products and operations, said Rachel Wang, director of manager research for China at Morningstar.
China’s regulator has proposed converting equity in Chinese firms into shares listed on the Hong Kong bourse in order to raise management incentive in some state-owned firms and improve earnings, said Nicholas Yeo, head of equities for China and Hong Kong at Aberdeen Standard Investments.
Investor access to Chinese green bonds will open up following a deal between the Luxembourg Green Exchange (LGX) and the Agricultural Development Bank of China (ADBC).
The Hang Seng index set an historical record high this year, and investment strategists at DBS Private Bank expect it to run further due to increasing use of cross-border programmes by Chinese investors.
The tightening of regulations, particularly in online gaming and digital payments, is the top risk when investing in China’s technology companies, according to Eric Mok, senior executive director at Franklin Templeton Investments.
The cross-border links with China’s onshore equity market has helped reduce the number of Hong Kong synthetic ETFs investing in the A-share market, according to a recent SFC study.
Investors across China are continuing to support the founder of an alleged Ponzi scheme, even after he turned himself into police, despite standing to lose CNY70bn ($10.8bn).
Who needs the S&P? Hong Kong’s red-hot stock market yesterday closed at the highest point since its inception in 1891, breaking the previous record set in October 2007 as China optimism soars.
Part of the Mark Allen Group.