The assets under management in Hong Kong ETF market slipped in the first quarter of 2018, placing it for the first time below South Korea, Morningstar data show.
Tag: Hong Kong
HKIFA: Sales of mixed-asset funds soar
Net sales of mixed-asset funds in Hong Kong grew tenfold in 2017 compared to the year before, as investors hedged the risk of a market correction, according to data from Hong Kong Investment Funds Association (HKIFA).
Is Hong Kong the place to park during a crisis?
During the worst period of the 2008 financial crisis, FSA finds that Hong Kong fixed income funds were the only category in positive territory .
Regulators hike Stock Connect trading quota 4x
To prepare for China’s MSCI indices inclusion, regulators in Hong Kong and China have announced a four-fold increase in daily trading quotas for the cross-border Stock Connect programmes.
Vanguard offers ETFs in RMB
The use of China’s renminbi continues to expand in international transactions as Vanguard allows investors to trade five ETFs in Hong Kong in the currency.
Nomura buys into HK robo-advisor
Aligning its client base to more millennials, Japan-based Nomura Asset Management has made a strategic investment of $25m in Hong Kong-based robo-advisory and mobile trading services firm 8 Securities Group.
Amundi-Creditease partnership targets HK investors
China’s Creditease Wealth Management has entered into a partnership with Amundi Asset Management to launch joint products targeting Hong Kong investors.
Fund approvals soar in Hong Kong
Hong Kong’s SFC issued approvals for 24 new funds to be sold in the territory in March, one of the highest numbers in its history.
RMB-based financial products debut
Oil contracts and Ucits funds have begun offering renminbi-based products after China scrapped some foreign exchange controls to catch up with international currency standards.
Barings: Beyond BATs
Investors in China’s technology sector should look beyond the flagship giants Baidu, Alibaba and Tencent, argues William Fong, director for Hong Kong China equities at Barings.
