A former employee of Chong Hing Securities has been jailed and banned for life from re-entering the industry for defrauding his clients and misappropriating client money.
Tag: Hong Kong
RHB AM floats equity fund
Malaysia’s RHB Asset Management has launched an Asian equity fund that aims to invest in companies with entrepreneurial characteristics.
Hong Kong and China regulators sign
In final preparation for the stock connect programme, Carlson Tong, Hong Kong’s top regulator, has signed an agreement with his counterpart in China for cross-border information sharing and joint investigation of suspected misconduct.
Amundi paints positive outlook on Asian equities
Improving growth in the US and Europe, supported by a benign global interest rate and liquidity scenario, makes Asian equities attractive, according to French asset manager Amundi.
Salisbury Securities directors given life bans
Two former directors of Salisbury Securities have been given a life ban from the industry after they used client investments for personal and business expenses.
Mirae Asset betting on Asian consumption theme
Asia’s growing population of consumers with disposable income has led Mirae Asset Global Investments to adopt an overweight view on the consumer discretionary sector, said Rahul Chadha, co-chief investment officer.
Sunil Asnani of Matthews Asia on opportunities in the Indian market
India’s widely-anticipated structural reforms are taking the headlines, but investment opportunities are not limited to reform-linked themes, said Sunil Asnani, portfolio manager at Matthews Asia.
Hong Kong trading suspensions
Several Hong Kong authorised funds have companies in their top ten holdings that have been under trading suspensions imposed by the Hong Kong Stock Exchange.
Principal Global Investors
Principal Global Investors plans to launch a China A-share product after it receives an RMB Qualified Foreign Institutional Investor licence for its Hong Kong business, according to Andrea Muller, Asia chief executive.
RBC Global launches Asia exJapan equity fund
RBC Global Asset Management has launched an Asia Ex-Japan Fund to be managed by its investment team based in Hong Kong.