Mutual Funds

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China Business

China eases requirements on foreign investments in listed companies

New rule aims to draw foreign funds into yuan-denominated A shares by slashing capital requirements and reducing the lock-up period.

1 Nov 2024 - 11:44PM

Wealth management

Exclusive | Hong Kong market rally ideal for fund managers to tap Middle East, Southeast Asia

11 Oct 2024 - 8:00AMvideocam

Banking & finance

China’s top state-backed brokers are merging to take on Wall Street

6 Sep 2024 - 3:58PM

Banking & Finance

China stock market

China’s outbound investing demand spurs fund managers to get creative amid quota squeeze

Soaring demand from Chinese investors for offshore investments has left foreign banks and fund managers scrambling to ration outbound-investing quotas

13 Aug 2024 - 7:00PM

An electronic ticker displays stock figures in Shanghai on Wednesday, August 7. Photo: Bloomberg

Banking & Finance

Banking & finance

Singapore’s Temasek to invest US$30 Billion in US over five years

Temasek to avoid investing in businesses that are in the cross hairs of geopolitical tensions and seeks to structure investments around certain constraints, such as taking passive public equity stakes in listed semiconductor companies.

30 Jul 2024 - 11:00AM

China Business

China stock market

Intern’s leaked video exposes chaotic management at leading Chinese brokerage

‘The content of the clip leaked sensitive information about our customers and violated the company’s compliance rules,’ China Securities said.

26 Jul 2024 - 8:36PM

China Business

China stock market

What China’s biggest money manager feels about the economy, market

The government’s target of doubling the per capita GDP to US$30,000 means there is enough growth potential, Zhang Kun says in his fund’s quarterly report.

18 Jul 2024 - 7:56PM

The Chinese government’s goal to lift per capita GDP could benefit consumer-facing companies, according a leading Chinese fund manager. Photo: Bloomberg

Markets

China stock market

Saudi ETFs make winning China debut as financial ties with Middle East grow

The two feeder funds rose 7.9 percent and 7.8 percent in Shenzhen and Shanghai, respectively, after raising a combined US$170 million.

16 Jul 2024 - 5:07PM

Companies

China stock market

Explainer | What is ETF Connect? How does it help global investors tap China’s stock market?

China is further opening up its US$8.4 trillion stock market by offering 85 new exchange-traded funds (ETFs) tracking mainland equities through the cross-border trading channel for offshore investors next week.

16 Jul 2024 - 6:00AMvideocam

Banking & Finance

Banking & finance

Exclusive | Wealth Management Connect revamp sent investment skyrocketing, says ICBC

Improvements to the Wealth Management Connect scheme in February have proven to be a game-changer, with investment via the cross-border trading channel quadrupling between January and April, according to government data and ICBC.

5 Jul 2024 - 8:30PMvideocam

ICBC Asia has seen a fourfold increase in the number of customers opening accounts under the Wealth Management Connect initiative. Photo: Bloomberg

Markets

China stock market

‘Signs of life’ in China’s markets as reforms boost confidence, forum told

Global investors’ pessimism about China may no longer be well placed, as policies designed to bolster confidence are likely to spell better times ahead for the market, senior financiers told a conference.

5 Jul 2024 - 5:38PMvideocam

A bull statue in front of the Shenzhen Stock Exchange. Regulators have been strengthening their efforts to lift the market’s performance in recent months. Photo: Bloomberg

China Business

China stock market

China traders’ craze for ETFs tracking US stocks triggers suspensions, warnings

Elevated premiums and price fluctuations of ETFs tracking the Nasdaq and S&P 500 indices lead to warnings from many fund managers.

4 Jul 2024 - 3:11PM

China Business

Banking & finance

China to set US$412,000 annual pay cap for finance industry executives: sources

The 3 million yuan (US$412,460) yuan annual salary limit will be applied to all state-backed financial institutions, sources say.

4 Jul 2024 - 7:30AM

Investor Relations

Business of climate change

China climate-focused funds saw higher inflows, but fewer launches last year

Climate-focused funds in China saw a decline in assets and product launches last year despite an uptick in inflows, with the funds prone to huge volatility because of speculative trading, according to Morningstar.

17 Jun 2024 - 7:00AMvideocam

Globally, assets in climate funds rose by 16 per cent in 2023 to US$540 billion. Photo: Shutterstock

Banking & Finance

Banking & finance

Hong Kong stocks increasingly driven by mainland China flows: Hang Seng Indexes

Hong Kong stock market’s gains this year have been supported by southbound inflows, reflecting the growing influence of mainland Chinese investors.

12 Jun 2024 - 3:52PM

Inflows from mainland Chinese investors are having a greater impact on Hong Kong’s stock market, according to complier Hang Seng Indexes. Photo: Bloomberg

Banking & Finance

Banking & finance

Hong Kong snap 2-day rally as investors turn cautious ahead of US data

Hong Kong stocks end slightly lower as mood turns cautious ahead of US non-farm payroll data later this week.

5 Jun 2024 - 5:48PM

Markets

Bonds

Chasing yield: Hong Kong mutual fund sales record best quarter in 3 years

Hong Kong retail funds recorded net inflows of US$3.8 billion in the first quarter, the most since attracting US$4.6 billion in the same period in 2021, industry data shows.

29 May 2024 - 7:15PM

China Business

China stock market

China’s mutual funds top record with US$4.1 trillion invested

The expansion has been driven by a stellar run in the bond market and a stabilisation in stocks, as investors shift to fund products.

24 May 2024 - 4:34PM

A stone lion appears on an advertising board near the headquarters of the China Securities Regulatory Commission in Beijing. Photo: Reuters

Banking & Finance

Banking & finance

Family offices pile into bonds to rebalance their portfolios: UBS survey

Their allocation to developed-market bonds increased by the most in five years to 16 per cent, bringing back a greater balance between fixed income and equities, according to a global survey by the Swiss bank.

22 May 2024 - 4:17PM

Markets

China stock market

Bad timing? Hedge fund Bridgewater misses bull run, ditching Chinese stocks

Bridgewater Associates, the world’s biggest hedge fund slashed its holdings drastically in the first quarter in a move may have been too hasty and caused it to miss out on the recent bull run.

15 May 2024 - 6:30PMvideocam

Banking & Finance

Banking & finance

China to nurture stock rally by masking live foreign flows data

In an attempt to limit the impact of data showing foreign funds selling on market sentiment, Shanghai and Shenzhen exchanges plan to cease displaying real-time figures on purchases or sales of local stocks through trading links with Hong Kong.

12 May 2024 - 3:49PM

A security guard stands at the Shanghai Stock Exchange building at the Pudong financial district in Shanghai, China, as the country is hit by an outbreak of a new coronavirus. Photo Reuters

OPINION

Donald Gasper

Opinion | China’s yuan is gaining status as a reserve currency

17 Feb 2019 - 11:43PM

William Pesek

Opinion | Plot thickens for Abe’s third term in Japan

16 Sep 2018 - 7:10PM