China Securities Regulatory Commission announced action in five cases, and confirmed it is drafting new rules to oversee fund subsidiaries.
Tag: China
Japan’s deflation may spread to Asia
GAM investment director Tim Love said the weakening of the Japanese yen puts downward pressure on currencies throughout Asia.
China quiet on Shenzhen-HK Connect
China’s number three man visited Hong Kong and failed to mention the Shenzehen stock connect scheme, but Credit Suisse believes it is still launching this year.
BNPP sees big changes in China’s fixed income
The asset class is undergoing significant changes as authorities pull away from an implicit promise to protect investors from bond defaults, said Chi Lo, Greater China senior economist at BNP Paribas Investment Partners.
US hedge fund the first to open in China
Bridgewater Associates, led by Ray Dalio, became the first foreign hedge fund to set up a wholly-owned subsidiary in the Shanghai Free Trade Zone.
BNP Paribas: EM sentiment may fizzle
Select Asian markets are showing encouraging signs, but the likely strengthening of the US dollar is a strong headwind.
China relaxes internet finance firm registration
Three types of financial companies are expected to resume registration after a complete suspension on registration of new finance-related firms, mainland media reported.
Mainland investors warm to offshore products
Downward pressure on the RMB and A-share volatility are prompting China’s investors to diversify their assets, said David Leung, head of wealth management at Standard Chartered Bank in China.
Fidelity: China de-leveraging is healthy
The sharp rise in Chinese onshore bond defaults should not be exaggerated as the deleveraging of weak corporates is inevitable, said Bryan Collins, portfolio manager at Fidelity International.
Conning Asia Pacific cautious on EM equities
EM equity markets are vulnerable to moves in the US dollar and US monetary policy, said Marc Franklin, portfolio manager.
