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Shares in China Construction Bank rose 1% on their trading debut yesterday as sluggish Hong Kong market sentiment scraped some of the shine from the bank's US$8bil IPO, the world's biggest in four years.
AMINVESTMENT Group's latest product, AmGlobal Property Equities Fund, will focus on real estate investment trusts (REITs) as well as quoted equity securities of companies. The group's first offshore investment fund, and the first Malaysian fund that specialises in and offers global property securities investment, is targeting an initial 150 million-unit fund size to be taken up in the next 60 days.
OSK Holdings Bhd expects profit contributions from fee-based and fixed-income operations to boost future earnings, as reliance on the stockbroking business continues to shrink, said group managing director and chief executive officer Ong Leong Huat.
APART from diversifying investment risk, investing in developed capital markets like in the United States, Europe and Japan also provides the opportunity to invest in global brands, said CIMB-Principal Asset Management Bhd chief investment officer Raymond Tang.
TOKYO (Reuters) - A crushing election victory by Japanese Prime Minister Junichiro Koizumi's party was cheered by financial markets on Monday but left questions about his agenda once he achieves his dream of privatising the vast postal system.
Datuk Seri Abdullah Ahmad Badawi arrived here for the first leg of the Malaysian Global Roadshow aimed at selling Malaysia as an attractive investment destination to portfolio investors.