China’s RMB is widely expected to be included in the IMF’s currency basket, but the event seems to be more about national pride than market impact.
Tag: China
RMB inclusion gets support from IMF head, US
China’s bid to have the renminbi included in the IMF’s Special Drawing Rights basket now has support from the head of the IMF and the US Treasury Secretary.
China this week – 6 Nov 2015
A roundup of the week’s asset management industry news from mainland publications.
London & Capital remains a China bull
Philippe Legrand, co-founder of the wealth management firm in Hong Kong, reveals two recent fund selections that underscore his asset class views going into 2016.
FSA Investment Forum Hong Kong: China’s economic shift continues
In a video interview, Raymond Gui, lead portfolio manager at Income Partners, explains that quality of economic growth is more important to China than speed of growth.
FSA Investment Forum Hong Kong: Asia consumers are a multi-decade play
In a video interview, Mirae’s Chris Chen says even as China’s GDP growth slows, salaries are increasing, which bodes well for consumption.
CCB now considered `too big to fail’
The mainland’s China Construction Bank has been added to the list of “global systemically important banks”.
Finding plays on China’s demographic woes
Investment opportunities linked to longevity and an aging population are emerging in areas such healthcare and financial services, fund houses say.
China this week – 30 Oct 2015
A roundup of the week’s asset management industry news from mainland publications.
China’s Fosun opens AM firm in Russia
Shanghai-based Fosun Group has opened an asset management business in Moscow to seek investment opportunities.