In July, China-domiciled funds available for sale in Hong Kong through the MRF had the highest net inflows since the scheme began at the end of 2015.
Tag: China
In China, big AUM means MMF strength
Money-market funds (MMFs) account for at least 35% of the total assets managed by the largest fund management firms in China, according to data from the Asset Management Association of China (AMAC).
IMF warns on China’s ‘dangerous’ debt
China’s growth outlook is expected to improve between 2017 and 2021, but the country’s rising debt skews the figures and raises strong concerns, according to the International Monetary Fund.
Korea ETF assets drive record high in Asia
Asia’s ETF inflows set a record high during the first seven months and Korea- and China-listed ETFs gathered the most assets, according to data from ETFGI.
World’s biggest money market fund reigns in max investment
Alibaba-distributed fund Yuebao has lowered the maximum individual investment for the second time as China’s regulator tightens rules for money market funds.
Vanguard sketches China plans
As the world’s largest passive product manager considers its mainland strategy, ETFs are unlikely to be part of it.
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.
BOCHK AM, ABCI receive onshore quotas
China has granted BOCHK Asset Management its first QFII quota and ABCI Asset Management received additional RQFII quota, according to China’s regulatory agencies.
Which major indices will include China onshore bonds?
A number of global bond indices have not included onshore China bonds, but some of them are expected to do so later this year or in the first quarter of 2018, according to a Bank of America Merrill Lynch report.
Two sides to China’s war on investment scams
Ponzi schemes remain rife in China because of financial naivety and a collective desire for unfeasibly high returns, an academic at the Renmin University of China in Beijing has said.
