Xin Qi, a Chinese asset management firm backed by property projects, has defaulted on CNY1.9bn (£203m, $291m, €261m) worth of investments, affecting thousands of retail investors across mainland China.
Tag: China
BEA: China’s HNWI client base increasing in Hong Kong
Personal wealth is flowing out of China as domestic investors grow increasingly concerned over the markets and economic growth, according to Bank of East Asia.
India’s rise highlights China’s challenges
India this week reported 7.3% GDP growth for Q3, overtaking China, which had 6.8% growth during the same period.
EM worry clouds 2016: Principal Global
A “third wave” in the global financial crisis could come from emerging markets, said Bob Baur, chief global economist for Principal Global Investors.
Survey: Advisers shun China short term
A quarter of advisers say they do not plan to allocate any investments to China over the next six months, according to research from UK-based Cofunds.
Chinese Ponzi scheme scams billions from 900,000 investors
Chinese authorities have arrested 21 people involved in a peer-to-peer lending scheme suspected of defrauding 900,000 investors of around CNY50bn ($7.6bn).
HK moves on `Bond Connect’ linkage with China
Hong Kong Exchanges and Clearing has outlined plans to push ahead with the introduction of the Bond Connect scheme.
SFC sees China risk for HK markets in 2016
Hong Kong’s markets fell year-on-year during 2015 and China concerns put them at risk in 2016, according to an SFC report.
The bull and bear case for Chinese equities
Switzerland-based Falcon Private Bank has a base case of 0% returns for China equities in 2016.
Does China face a Japanese-style ‘lost decade’ of growth?
Anh Lu, lead portfolio manager for T. Rowe Price’s Asia ex-Japan Equity Strategy fund, looks at whether China faces a Japanese-style ‘lost decade’ of growth.
