The global spread of the coronavirus has encouraged fund houses in China to interact online with investors, instead of the usual face-to-face roadshow.
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The global spread of the coronavirus has encouraged fund houses in China to interact online with investors, instead of the usual face-to-face roadshow.
The firm believes that companies in the healthcare and online sectors will remain resilient.
The structural trends that are driving the region’s economic growth and markets remain intact, and will overcome current fears, according to Axa Investment Managers.
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Domestic fund managers are still launching more products despite the Wuhan coronavirus outbreak in the country.
Hong Kong investors seem to be betting that the markets will recover this year from the US-China trade tensions and coronavirus impact.
The Securities and Futures Commission said it will try to provide services as usual but there may be some delays in regulatory matters.
Fund sales will likely be impacted due to the negative investor sentiment resulting from the coronavirus, according to the HKIFA.
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Quasi-government agency Amac has officially invited China’s fund management firms to contribute cash and materials to coronavirus affected areas in the mainland.
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