The two firms join forces to offer Money Plus, an app that can transfer cash to a WeInvest money market fund.
Tag: Tencent
Tencent JV plans second fund in Hong Kong
A number of Chinese firms have launched money market funds in Hong Kong this year as investors lean toward safe assets.
A look at Asia tech overweights
Only two products out of roughly 5,000 mutual funds available to Hong Kong and Singapore investors have overweights in the four Asia tech heavyweights.
Tencent JV debuts product
Gao Teng, the internet giant’s joint venture, has begun selling its first product in Hong Kong.
In case you missed it (02 November 2018)
Vanguard’s Charles Lin takes on Asia role; Barings hires BNPP AM’s wholesale distribution head; Robeco appoints WFOE head; Tencent JV names fund distributors in Hong Kong; SFC tightens cryptocurrency regulations; star rugby player becomes Natixis’ brand ambassador; and more…
China AMC plans mixed-asset launch in Hong Kong
The firm’s global balanced fund will be sub-advised by Toronto-based Mackenzie Investments. Separately, Tencent’s joint venture is also expected to launch its fixed income fund.
Tencent JV plans bond fund in HK
The flagship Chinese tech firm is looking to enter Hong Kong’s mutual funds market.
Can funds outperform BATs?
Mutual funds with substantial holdings in China’s three internet giants – Baidu, Alibaba and Tencent – underperformed the MSCI China index in 2017, data from FE show.
Atlantis IM bets on China’s healthcare, banks
The healthcare and banking sectors will lead China equity returns in 2018, according to Liu Yang, chairwoman of boutique fund house Atlantis Investment Management.
Chinese government wants stakes in widely-held web giants
China’s regulatory body for internet security is said to be in discussions for ownership stakes in tech giants such as Tencent and social media units under Alibaba, according to industry reports.
