US ethics watchdog hails SFC plan
A plan by the Securities and Futures Commission to tighten rules on investment-linked insurance products will bring the city into line with international efforts to prevent mis-selling and promote investor…
Beijing urged to reform debt market
As mainland companies face growing difficulty getting credit from domestic banks or raising capital on the stock market, they are left to securing funds through large, long-term bond issues, says…
Fund managers opting for equities
The Hong Kong Investment Funds Association announced yesterday that over 70 per cent of fund management companies are overweight on equities whereas only 20 per cent are overweight on bonds.…
Beijing set to pave way for new yuan investment funds
The China Securities Regulatory Commission and the State Administration of Foreign Exchange have begun vetting applications for new renminbi qualified foreign institutional investor (RQFII) products following a three-month hiatus. Markets…
HSI snaps five-day run of declines
The Hang Seng Index ended a five-day losing streak, led by mainland banks and brokers, as investors built positions before the earnings season and Beijing indicated it would bring in…
Asia stocks down due to global growth concerns
Asian stock markets fell on Thursday, as accumulating evidence that global growth is sagging dampened investment enthusiasm. Markets were also weighed down by some disappointing US corporate earnings and worries…
Dollar dips against yen in Asia
The dollar dipped against the yen in Asian trade on Thursday ahead of a two-day meeting of finance ministers and central bank chiefs of the Group of 20 nations. The…
Former dealmaker ready for new fund
A former top dealmaker for Blackstone in Asia is now a private equity fund manager dedicated to helping wealthy Taiwanese investors pour capital into mainland businesses amid warming cross-strait economic…
Hong Kong investors’ confidence slips
Investor confidence slipped from 123 index points in December to 117 points last month, the JP Morgan Investor Confidence Index, based on a quarterly survey in Hong Kong, shows. “The…
UK woos Chinese capital for infrastructure revamp
The British government is stepping up its courtship of potential Chinese investors in UK infrastructure projects, promoting low tax rates and steady returns as the country’s own construction sector struggles…
