If the regulator allows the weighted voting rights structure, it will tilt Hong Kong’s stock market toward tech stocks, bringing higher valuations but also increased volatility, argues Tobias Bland, CEO of Enhanced Investment Products.
Hong Kong’s recent ruling on Moody’s Ratings for a research report will have a chilling effect on further critical research, argues activist David Webb.
Hong Kong’s ban on retail investors in dark pools will limit the anonymous trading platforms to institutional investors and portfolio managers, which is a good thing, according to Liquidnet.
In 2014, mainland asset management firms accounted for HK$988bn ($127bn) or 5.6% of Hong Kong’s fund management business, the SFC said.
Vanguard, which now has five ETFs in Hong Kong, said the total expense ratio (TER) of the new fund would be 0.25% annually, making it the lowest cost US equity ETF available in the special administrative region of China. “Today’s launch of the Vanguard S&P 500 Index ETF demonstrates our ongoing commitment to the Hong […]
Market turnover in Hong Kong broke a record this week as a multi-day rally continues. But according to Schroder Investment Management, the momentum is not based on fundamentals.
Market turnover on the Hong Kong Exchange rose to an all-time high of HK$252.4bn ($32.6bn) on Wednesday, as trading through the Shanghai-Hong Kong Stock Connect surged to its highest level since launching in November.
The total annual turnover of exchange traded funds and real estate investments trusts listed on the Hong Kong exchange soared 25% year-on-year to reach a record-high of HK$1.23trn ($150bn), according to the Hong Kong stock exchange.
The Irish Fund Industry Association (IFIA) is exploring ways to list the first UCITS fund on the Stock Connect, according to the association’s Hong Kong representative Conor O’Mara.