Institutional Investors

Emerging markets the new focus for investors' fears

Draining money

Even at the best of times, financial markets can be awfully fickle.

Friday, 14 February, 2014, 4:28am 4 comments

Beijing to ease rules over securities firms

The China Securities Regulatory Commission (CSRC) is also contemplating a trial to allow Hong Kong, Macau and Taiwanese financial institutions to hold a stake of as much as 51 per cent in mainland securities firms in Shanghai, Shenzhen and other designated cities.

14 Mar 2013 - 7:47am

CCB eyes bigger Taiwanese bank stake

Zhang Jianguo, China Construction Bank president

Taiwan's financial regulator should relax the 5 per cent limit on mainland bank shareholdings in financial institutions on the island, China Construction Bank president Zhang Jianguo said yesterday.

7 Mar 2013 - 6:12am

Brokers say there's no need to pay, just vote for us

Victoria Harbour

Institutional Investor poll again, we have received more comment from the marketplace since our last piece. This confirms that there is a frenzy of activity within the industry over these polls. So much so that it is reaching absurd levels. The word comes down from on high within the company, we are told.

19 Jan 2013 - 5:12am 1 comment

Engineering giant makes stellar debut on exchange

Yang Wansheng intends to continue his firm's overseas expansion.

Shares in China Machinery Engineering, a state-controlled engineering contractor in the power sector, rose sharply on its debut in Hong Kong yesterday, offering a surprise bonus for investors on a bleak day.

22 Dec 2012 - 2:36am

Fear not the retail investor - for now

Fear not the retail investor - for now

Institutional investors were most welcome, he [CSRC chairman Guo Shuqing] said, as they were more mature and had more expertise than individuals, who make up 84 per cent of the mainland's stock market participants and whose irrational transactions exacerbated price fluctuations.

SCMP, November 12

15 Nov 2012 - 5:02am 1 comment

Hong Kong brokers seek institutional business

Richard Seaward says institutional investors always have a need to invest. Photo: May Tse

Hong Kong brokers who depend for their basic business on the city's small investors are gearing up to serve big institutional clients as retail transactions dry up on the stock market.

29 Oct 2012 - 5:08am

Fund managers confident despite market downturn

Mark Konyn, CEO of new fund manager Cathay Conning Asset Management, which is set to start business in Hong Kong next month.Photo: Dickson Lee

Weak global market sentiment may be discouraging investors from putting their money to work but it hasn't prevented new fund houses setting up shop in the city.

12 Aug 2012 - 9:41pm

To draw big money, fund size matters

Asia's growth story has whetted the appetites of institutional investors around the world, but they are struggling to buy into the opportunities on offer because of a lack of suitable local fund managers, says HedgeFund Intelligence.

14 Jul 2012 - 12:00am

Finance still offers a barrel of funds

While many banks may have plans to axe staff, the outlook is not gloomy for all parts of the financial industry.

The investment fund sector is still in expansion mode as new fund houses and products emerge.

8 May 2012 - 12:00am

Hospital pension awaits QFII quota

The Hospital Authority Provident Fund Scheme, the second-largest pension fund in Hong Kong by asset size, has received approval to invest in mainland markets.

5 Mar 2012 - 12:00am

'Weak appetite' won't stop HK IPOs

Listing candidates Xiwang Special Steel and bakery chain Christine International are pressing ahead with their initial public offerings next week, despite cautions from some brokers about a poor appetite for new listings among retail investors.

13 Feb 2012 - 12:00am

Hedge funds get rich on the back of the world's financial blunders

In the old days, technical books were read for one's education, but they were so boring that you would fall asleep. You read novels instead for their drama, romance and excitement. In this fast-moving world, where daily events are more thrilling than fiction, books like More Money than God by Sebastian Mallaby are real page-turners.

26 Nov 2011 - 12:00am

Refund blow for Hontex investors

Investors who bought shares in troubled fabric maker Hontex International Holdings have little hope of getting their money back any time soon. The High Court yesterday decided against ordering the company to refund the HK$1 billion it raised through an initial public offering in December 2009.

23 Jul 2011 - 12:00am

State pension fund grows 10pc

Assets of the mainland's national pension fund expanded 10 per cent last year to 856.7 billion yuan (HK$1.02 trillion), helped by contributions from state-owned companies and a modest investment return.

20 May 2011 - 12:00am