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SHANGHAI: China's mutual fund industry saw another massive jump in new products and subscriptions in June, suggesting the swift rally in mainland stocks has room to run further.
SHANGHAI: Chinese investors are switching to the stock market from safe-haven money market funds (MMFs) as they bet on a speedy recovery and continued policy support for a pandemic-stricken economy.
JUDGING by the performance of emerging markets (EMs), you’d hardly know the world was suffering from a deadly pandemic.
NEW YORK: Investors will watch next week’s earnings from BlackRock, the world’s largest asset manager, for a snapshot of how the industry performed during the second quarter’s dramatic rebound in global financial markets.
NEW YORK: Investors will watch this week’s earnings from BlackRock, the world’s largest asset manager, for a snapshot of how the industry performed during the second quarter’s dramatic rebound in global financial markets.
HONG KONG: China's national security law for Hong Kong and moves by the United States to begin withdrawing privileges enjoyed by the city under U.S. law have unsettled investors.
KUALA LUMPUR: The inflow of foreign funds into Malaysia’s debt securities rose to RM11.6bil in June, the fastest pace in over four years, Kenanga Investment Bank Research said.
ZURICH/HONG KONG: Credit Suisse wants to raise its China securities joint venture stake to 100% and increase its market share after getting the regulatory green light to take a majority holding, the head of its Asia business said.
HONG KONG: Hong Kong stocks are set to join the rest of the world in bull market territory after a more than $1.1 trillion rebound that’s gathered steam in recent days.