Most Hong Kong investors have not participated in the various cross-border schemes that connect the SAR to the mainland, according to a survey conducted by the Hong Kong Investment Funds Association (HKIFA).
Tag: Hong Kong
MRF sales positive for China funds
Net sales of China-domiciled funds sold in Hong Kong via the Mutual Recognition of Funds (MRF) scheme turned positive in November, according to China’s State Administration of Foreign Exchange (SAFE).
Women left behind in HK’s financial industry
It’s still difficult for women to get to senior positions in Hong Kong’s financial industry, despite an increase in female representation in the industry across developed markets, a study by PwC has found.
Fund sales plunge in Hong Kong
Although balanced funds saw net inflows during the first 10 months of 2018, equity and bond funds suffered net redemptions, according to an industry report.
E Fund makes latest product push in Hong Kong
In total, the Securities and Futures Commission (SFC) approved 10 mutual fund products in December for retail sale.
CICC launches fixed income ETF in Hong Kong
Hong Kong has only a handful of SFC-registered fixed income ETF products.
China Post to launch fixed income fund in HK
The product will be the firm’s second locally-authorised mutual fund for investors in Hong Kong.
Mainland firms drive HK product sales
Collective investment schemes or mutual funds sales rose 84% to HK$101bn ($12.92bn) from April 2017-March 2018, nearly double the HK$55bn in 2016.
Northbound MRF funds see first net inflows in 2018
Hong Kong-domiciled funds sold in the mainland under the HK-China Mutual Recognition of Funds (MRF) scheme saw net inflows of RMB291.24m ($42.24m) in October.
Another hedge fund targets HK’s retail
Hong Kong-based Pickers Capital Management expects to launch a China-focused fund in Hong Kong that will be available to retail investors.
