The Hong Kong Stock Exchange is beginning to look outside the mainland for new listings, knowing that the steady stream of China companies whose Hong Kong IPOS have kept it strong may dry up with the rise of the Shanghai and Shenzhen exchanges. "No one in my position would expect it would be H-shares forever," […]
Category: Investment
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Rise in assets predicted for investing
China's asset management market is set to grow strongly over the next decade as billions of dollars in savings are invested and regulators allow access to a wider range of products, according to a consultancy group. McKinsey predicted that the mainland market would grow 25% annually to US$1.4 trillion by 2016 from US$156 billion now, […]
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Cheng: Market bubble still there
Warning against "blind optimism", NPC vice-chairman Cheng Siwei said Tuesday there is still a bubble in China's stock markets. A warning from Cheng helped spark last month's correction. "The bubble has become a bit smaller, but we cannot say there no such thing at the moment," he told the South China Morning Post on the […]
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Purchase of US treasuries to continue
China will keep buying US Treasuries after a new state investment agency begins operations to help the nation manage its US$1.07 trillion foreign-exchange reserves, according to central bank vice governor Wu Xiaoling, state media reported. The government has said that it wants to invest its reserves to support an economy that grew 10.7% in 2006, […]
This is the sixth in a series of entries Alfred Romann will post from India in the coming weeks. Few cities in the world do extremes like Mumbai. Home to one of the oldest stock exchanges in the world, started by a group of 22 traders under a Banyan tree more than a 150 years […]