All millennials need to know about investing for beginners, including stock market trading, stock market 101, buying and selling shares and how to make the most out of your money.
More than half of China’s Gen Z are investing because of a ‘fear of missing out’, or Fomo, and having money for travel is their number one financial goal, according to a recent study by the CFA Institute.
A record number of senior citizens applied for the latest batch of inflation-linked bonds, making it one of the hottest since the first offering in 2016. Returns are guaranteed to outpace the rate of inflation in the city.
Tencent, NetEase will stand out in the web’s evolution to metaverse, as they tap into new opportunities from hosting virtual events and conferences, besides gaming.
Hong Kong and mainland start-ups will be allowed to use a new method to raise funds from the local stock market, a move that set to attract more new listings and to strengthen the city as an international financial centre.
ETF managers gained handsomely this year from backwardation, the market condition where oil futures trade below the expected spot price in a downwards sloping futures curve.
The annual ranking of the world’s dominant internet search engine, with 91.4 per cent of worldwide market share in November according to Statcounter’s data, offers a snapshot of what netizens care about in the internet-connected world.
Hong Kong’s financial watchdog is reviewing regulations governing cryptocurrencies including the market demand for Hong Kong retail investors to trade overseas exchange traded funds (ETFs) with exposure in virtual assets, according to deputy head of the regulator.
Cai Xiangyang, who managed 10 funds with a combined US$7.8 billion in assets, died on Monday in Beijing, China Asset Management said in a statement, without giving more details.
HKEX has entered into a new licensing agreement with global index provider MSCI to launch the new futures contract based on the MSCI China A 50 Connect Index.
The rout in Chinese tech and education stocks may not end until Beijing repairs trust in the market in the face of regulatory assaults, DZ Bank analyst says.
Nayuki Holdings, the world’s first listed milk tea chain, plunged 13.5 per cent on its Hong Kong debut, on concerns about its earnings outlook and relatively high pricing.
Engagement by foreign investors has already seen some Chinese firms enhance disclosures, while impending regulatory requirements would improve it further, say asset managers.
Chinese individuals could still buy bitcoin and other cryptocurrencies and trade them on overseas exchanges on Thursday.
Statement comes amid recent price volatility and as Beijing seeks to draw a distinction with its own sovereign digital currency.
The Wealth Management Connect is the first cross border trading scheme focused on the Greater Bay Area, with total fund flow capped at 300 billion yuan (US$46.5 billion).
Mainland Chinese stocks have gone from world beaters to a wreck in a space of two months. Lofty valuations and policy risks abound. Speculation on state intervention or bailout could follow, given precedents. Here’s a quick take on the state of the market.
Buffett and his investment deputies, Todd Combs and Ted Weschler, reshaped the portfolio over the last year as the coronavirus pandemic struck the US.
If Block is right, what seemed like a history-making retail uprising last week was just as much a convenient smokescreen for internecine hedge-fund warfare.
The shroud over peer-to-peer lending firms has fallen, and China’s banking regulator says all such platforms across the country have ceased operations – but countless billions are already feared lost.
Demand for the latest Silver Bonds offering 3.5 per cent annual coupon has already exceeded that recorded for four previous issues, according to joint lead manager HSBC.
China is becoming increasingly important to global money managers after the nation widened its 100 trillion yuan investment market. Dalio has long been optimistic on China.
Hong Kong’s latest offering of inflation-linked bonds have become the blockbuster investment opportunity this week, attracting HK$38.9 billion in funds from investors.
The IPO suspension came as China’s financial regulators signalled their intention to tighten the regulatory requirements on online consumer loans, also known as microlending, and require lending platforms to pony up more registered capital before they can engage in consumer loans.
The first sale in four years of Hong Kong’s inflation-linked bonds got off to an encouraging start on Friday, as investors sought refuge in government-guaranteed returns in an environment of declining interest rates.
As Hongkongers evaluate the first inflation-linked bond offering since July 2016 later this month, few things are worth noting. Economic conditions and risks surrounding the impending sale are different this time.
The Motley Fool, which advises millions of small stock investors worldwide, cited the national security law, anti-government protests and souring US-China relations for its decision to depart.
The Singapore Precious Metals Exchange is seeking to do away with the notion trading in bullion is only for professional investors or the super-rich.
The pair will each invest 90 per cent or more of their assets in an ETF approved by the Chinese regulator, currently listed in Shenzhen and tradable by certain qualified foreign institutional investors.