https://www.scmp.com/rss/521934/feed China Asset Management (Hong Kong) Limited, a leading Hong Kong-based financial services firm established in 2008, specialises in diversified asset management. As a subsidiary of one of China’s largest fund houses, it offers a broad range of products including equity, fixed income, and ETFs, serving individual and institutional investors across Asia, Europe, and the U.S. Notably, the company is at the forefront of Web3 innovation, having launched Hong Kong’s first retail tokenised money market... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Zhang Shidong Zhang Shidong China-listed exchange-traded funds (ETFs) targeting US stocks are capping new subscriptions, as strong demand from investors seeking diversification puts these products within striking distance of using up quotas granted by the regulators. The nation’s biggest mutual fund firms that manage ETFs tracking the S&P 500 and the Nasdaq 100 index have imposed the restrictions, with these funds’ sizes approaching their respective quotas on overseas investments approved by the government. GF Fund... https://www.scmp.com/business/china-business/article/3337461/chinese-etfs-investing-us-stocks-cap-subscriptions-they-run-out-quotas?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3337461/chinese-etfs-investing-us-stocks-cap-subscriptions-they-run-out-quotas?utm_source=rss_feed Wed, 24 Dec 2025 00:30:08 +0000 Danielle Popov Danielle Popov Deep Robotics – one of the “Six Little Dragons” from Hangzhou, the capital of eastern Zhejiang province – on Tuesday said it had raised 500 million yuan (US$70 million) in fresh funding from a group of Chinese investors. According to the company’s statement, its latest round of financing was led by CMB International, China Asset Management and funds under state-owned telecommunications network operators China Telecom and China Unicom. Deep Robotics founder and CEO Zhu Qiuguo, who also serves as... https://www.scmp.com/tech/tech-trends/article/3335806/chinas-deep-robotics-raises-us70-million-fresh-funds-sector-draws-more-investors?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3335806/chinas-deep-robotics-raises-us70-million-fresh-funds-sector-draws-more-investors?utm_source=rss_feed Wed, 10 Dec 2025 01:00:21 +0000 Aileen Chuang Aileen Chuang Hong Kong’s push to establish a tokenised financial system is poised to attract more companies to set up treasury centres in the city, which would give investors broader options while reducing transaction costs, according to market players. Both corporations and individuals stood to benefit from increased tokenisation of money and assets, which could make financial services faster and more efficient and accessible, said representatives from Standard Chartered, China Asset Management (Hong Kong)... https://www.scmp.com/business/banking-finance/article/3333790/hong-kongs-tokenisation-drive-set-boost-treasury-centres-and-investments?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3333790/hong-kongs-tokenisation-drive-set-boost-treasury-centres-and-investments?utm_source=rss_feed Mon, 24 Nov 2025 00:30:14 +0000 Aileen Chuang Aileen Chuang Hong Kong’s de facto central bank has begun facilitating real-value transactions using tokenised deposits and digital assets under a controlled pilot programme from Thursday, reinforcing the city’s status as a fintech hub. The new phase of the Project Ensemble sandbox would enable seven commercial banks and 13 industry participants to settle tokenised transactions “faster, more transparently and efficiently”, the Hong Kong Monetary Authority (HKMA) said in a press release on Thursday. The... https://www.scmp.com/business/banking-finance/article/3332625/hong-kong-moves-theory-practice-real-value-tokenised-money-asset-deals?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3332625/hong-kong-moves-theory-practice-real-value-tokenised-money-asset-deals?utm_source=rss_feed Thu, 13 Nov 2025 10:00:58 +0000 Xinmei Shen Xinmei Shen Hong Kong has approved its first exchange-traded fund (ETF) that tracks the performance of the cryptocurrency token Solana, ahead of the US, as the city moves to cement its status as a digital asset hub. ChinaAMC (HK), the Hong Kong arm of Chinese fund manager China Asset Management, started accepting subscriptions for its new spot Solana ETF on Wednesday after receiving approval from the Securities and Futures Commission last week. The ETF, set to start trading on Monday, directly holds Solana... https://www.scmp.com/tech/article/3329969/hong-kong-approves-first-solana-etf-ahead-us-amid-moves-embrace-crypto?utm_source=rss_feed https://www.scmp.com/tech/article/3329969/hong-kong-approves-first-solana-etf-ahead-us-amid-moves-embrace-crypto?utm_source=rss_feed Wed, 22 Oct 2025 11:57:06 +0000 Cao Li Cao Li Biotech exchange-traded funds (ETF) in Hong Kong are attracting local and global investors as Chinese pharmaceutical makers reap the dividends of research and development and narrow the gap with the US, according to China Asset Management (Hong Kong) (China AMC). With Hong Kong-traded Chinese stocks already enjoying a decent rally, investors were now looking for unique opportunities to beat the market, said Heidi Cai, head of international business at the asset manager. “Funds from the US are... https://www.scmp.com/business/markets/article/3325606/chinese-biotech-etfs-hong-kong-attract-investors-amid-us60-billion-licensing-deals?utm_source=rss_feed https://www.scmp.com/business/markets/article/3325606/chinese-biotech-etfs-hong-kong-attract-investors-amid-us60-billion-licensing-deals?utm_source=rss_feed Mon, 15 Sep 2025 10:00:10 +0000 Julie Zhang Julie Zhang Two spot bitcoin and ether exchange-traded funds (ETFs) debuted in Hong Kong on Thursday, with the small trading volumes pointing to cautious investor appetite, in contrast with the market euphoria that followed the city’s unveiling of new stablecoin rules. The ETFs, launched by Hong Kong-based MicroBit Capital Management, track the US dollar prices of their underlying cryptocurrencies – bitcoin and ether – the world’s two largest digital tokens. The bitcoin spot ETF, listed under stock code... https://www.scmp.com/business/banking-finance/article/3322590/bitcoin-and-ether-etfs-debut-hong-kong-after-unveiling-stablecoin-rules?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3322590/bitcoin-and-ether-etfs-debut-hong-kong-after-unveiling-stablecoin-rules?utm_source=rss_feed Thu, 21 Aug 2025 02:37:40 +0000 Aileen Chuang Aileen Chuang Hong Kong’s new stablecoin law sets a global standard but might initially sideline innovative start-ups while encouraging big local and mainland financial firms to participate in the cryptocurrency sector’s growth, industry experts said. The city rolled out one of the most stringent stablecoin regimes globally and kick-started the application process for potential issuers on Friday, part of a broader effort to be a leading digital asset hub connected to China’s vast economy. The move aims to... https://www.scmp.com/business/cryptocurrency/article/3320751/hong-kong-stablecoin-regime-double-edged-sword-markets-growth-analysts-say?utm_source=rss_feed https://www.scmp.com/business/cryptocurrency/article/3320751/hong-kong-stablecoin-regime-double-edged-sword-markets-growth-analysts-say?utm_source=rss_feed Tue, 05 Aug 2025 03:00:17 +0000 Zhang Shidong Zhang Shidong Mainland China’s three stock exchanges had a sluggish first half, raising a third of the bounty from initial public offerings (IPOs) in Hong Kong, due to a regulatory crackdown that has hobbled fundraising since August 2023 and left the primary market in the lurch. Some 50 companies raised a combined 33.6 billion yuan (US$4.7 billion) by selling new shares on the nation’s three exchanges, according to data compiled by Bloomberg. That was a third of the US$13.5 billion raised on the Hong Kong... https://www.scmp.com/business/china-business/article/3316519/regulatory-curbs-hobble-mainland-chinas-ipos-ceding-first-half-crown-hong-kong?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3316519/regulatory-curbs-hobble-mainland-chinas-ipos-ceding-first-half-crown-hong-kong?utm_source=rss_feed Tue, 01 Jul 2025 23:30:07 +0000 Luna Sun Luna Sun President Xi Jinping reiterated the need for China to develop a “unified national market” at a high-profile economic meeting on Tuesday, a task which has taken on greater urgency as the country prioritises domestic demand amid a more uncertain external landscape. Greater efforts are needed to address a variety of issues facing the world’s second-largest economy, the Central Financial and Economic Affairs Commission said in a readout from their sixth meeting, explicitly calling for a crackdown on... https://www.scmp.com/economy/china-economy/article/3316535/chinas-xi-jinping-puts-domestic-market-forefront-high-profile-meeting?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3316535/chinas-xi-jinping-puts-domestic-market-forefront-high-profile-meeting?utm_source=rss_feed Tue, 01 Jul 2025 12:00:09 +0000 Xinmei Shen Xinmei Shen Hong Kong is intensifying its bid to become a global digital asset (DA) hub with the release of an updated policy statement focused on accelerating stablecoin use and tokenisation efforts, amid renewed momentum in the US this year. “The government’s highly anticipated Policy Statement 2.0, aimed at establishing Hong Kong as a global digital assets hub, comes at a time when Trump 2.0 is trying to make America the ‘crypto capital of the planet’,” said Andrew Fei, a partner at King & Wood Mallesons... https://www.scmp.com/tech/blockchain/article/3315967/hong-kong-sharpens-crypto-hub-focus-amid-rising-global-competition-new-blueprint?utm_source=rss_feed https://www.scmp.com/tech/blockchain/article/3315967/hong-kong-sharpens-crypto-hub-focus-amid-rising-global-competition-new-blueprint?utm_source=rss_feed Fri, 27 Jun 2025 00:00:16 +0000