Beijing approved a new foreign institutional investor to buy mainland-listed securities after a one-year break, hoping to reassure investors that overseas demand for mainland assets is still strong.Saturday, 8 March, 2008, 12:00am
Harvest Fund Management, Deutsche Bank's mainland partner, yesterday reported a heavy fourth-quarter loss for its overseas fund, hurt by a downturn in the Hong Kong stock market.23 Jan 2008 - 12:00am
The Securities and Futures Commission has eased restrictions on the appointment by local fund houses of overseas investment managers, in part to satisfy the needs of mainland investors who can now use the city as a conduit for exposure to the rest of the world.19 Oct 2007 - 12:00am
Mainland insurers received a boost yesterday after getting approval from watchdogs to invest up to 15 per cent of their assets in overseas equities and derivative products, allowing them to seek higher returns on outbound markets.26 Jul 2007 - 12:00am
The story headlined 'Shenyin Wanguo earns 4.4b yuan' on Saturday, July 14, should have said: 'The brokerage managed US$3.075 billion of assets under the qualified foreign institutional investor scheme, accounting for 31 per cent of the total quota approved by the country's foreign exchange authority.'17 Jul 2007 - 12:00am
The country's foreign exchange authority will consider increasing the quota under the qualified domestic institutional investor (QDII) scheme to allow the flow of more investments overseas.5 Jul 2007 - 12:00am
Companies target higher returns in home market
Cashed-up mainland insurers increased their investment in bonds and equities by 53 per cent to 1.5 trillion yuan in the first five months of the year, targeting higher returns in the domestic market.29 Jun 2007 - 12:00am
Hong Kong companies have been making better use of narrative financial reporting to achieve greater corporate disclosure as part of an effort to attract the ever-growing pool of institutional investors in the city.23 Jun 2007 - 12:00am
Regulator extends QDII foreign investments to securities firms and fund managers
Mainland securities firms and mutual funds have been allowed to invest abroad, as the securities regulator further loosens the purse strings on the nation's financial industry.21 Jun 2007 - 12:00am
Money errors are more likely to happen when sentiment is involved
Last week two friends committed money errors that I have been imploring people to avoid.
One quit her job to pursue a new media-relations venture. The other paid a significant sum of money to an agent to help sell her proposal for a science fiction novel.
Spot the errors?27 May 2007 - 12:00am
This is a mainland-based manufacturer whose share price has more than tripled in the past 12 months. Its market capital exceeds HK$15 billion. International mutual funds have replaced men in the street on its investors' list. They own half of the free float of this privately controlled red chip.19 May 2007 - 12:00am
China's policymakers want to recycle more capital abroad in order to reduce upward pressure on the yuan and slow official reserve accumulation.9 Apr 2007 - 12:00am
In the March 30 story 'Brokers may get QDII quotas to invest overseas,' we should have said that 21 institutions, mostly commercial banks, three insurers and a mutual fund received quotas worth US$18 billion.2 Apr 2007 - 12:00am
Wealthy Hong Kong investors will soon have the opportunity to add a little glitz to their portfolios.
Local private equity firm Aquitaine Investment Advisors is teaming up with Regent MB, a Tinseltown film production and distribution company, to launch the Magnet Media Asia fund.21 Jan 2007 - 12:00am
Industrial and Commercial Bank of China, the country's largest lender, said China Life Insurance, the country's largest insurer, has chosen it to manage the assets of its general insurance and pension ventures.
China Life and its parent set up a venture to serve corporate annuity plans in March and a venture to run property and casualty insurance in October.12 Dec 2006 - 12:00am