China QFII quota rises to $93.99 bln at end-August-regulator
August 30, 2017--The outstanding amount of China's dollar-denominated Qualified Foreign Institutional Investor (QFII) programme rose to $93.99 billion as of Aug. 30, from $93.27 billion at end-July, the foreign exchange regulator said on Wednesday.
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Source: Reuters
Huarong chief warns of bubble in China's distressed debt market
August 28, 2017--Bubbles in credit score and actual property have led to a gentle stream of dangerous debt in China for years
But now a bubble is forming in the market for the dangerous loans themselves, says the chairman of China's largest state-ontrolled "bad bank".
Banks in China are coping with an onslaught of non-performing loans which have resulted from poor threat controls and years of unfastened financial coverage.
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Source: forexrepository.com
Hang Seng Indexes Licenses Da Cheng to Use Hang Seng Index as Basis for LOF
August 28, 2017--Hang Seng Indexes Company Limited ("Hang Seng Indexes") has licensed the Hang Seng Index ("HSI") to Da Cheng Fund Management Company Limited ("Da Cheng") to serve as the underlying index for the creation of a listed open-ended fund ("LOF").
The LOF was listed on the Shenzhen Stock Exchange today.
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Source: Hang Seng Indexes Company Limited
ULTUMUS-Leveraged Yen ETFs
August 28, 2017--Taiwan
Taiwan's preference for leveraged and short ETFs is on display again today, with major investment house Yuanta Securities listing two new leveraged and one new short ETF in Taipei....
Of Yuanta's three new ETFS, 00706L and 00707R will track Japanese yen futures via indexes put together by S&P....
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Source: ULTUMUS-Financial Data Management
ETFGI reports assets invested in ETFs/ETPs listed in Asia Pacific (ex-Japan) reached a new record of US$151 Bn at the end of July 2017
August 24, 2017--ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in ETFs/ETPs listed in Asia Pacific (ex-Japan) reached a new record of US$151 Bn at the end of July 2017, surpassing the prior record of US$145 Bn set at the end of June 2017, according to data from ETFGI's July 2017 global ETF and ETP industry insights report.
ETFs/ETPs listed in Asia Pacific (ex-Japan) gathered US$826 Mn in net new assets in July. Year to date, net outflows stand at a level of US$2.02 Bn, which is significantly less than the US$8.35 Bn in net inflows at this point last year.
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Source: ETFGI
Hunt for a China equity benchmark continues to elude investors
August 24, 2017--Myriad of share classes reflects Beijin's gradual market experimentation.
When Tsingtao Brewery listed in Hong Kong, its float was notable for two things: it was the first-ever H-share listing and its executives skipped the usual champagne to celebrate instead with their own brand beer.
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Source: FT.com
Economic Growth in Thailand Gains Momentum, Forecast Rise to 3.5% for 2017: World Bank
August 24, 2017--Digital economy has great potential to create new opportunities
Economic growth in Thailand is gaining momentum, with global growth and a recovery from severe drought buoying an expansion of GDP by 3.3 percent in the first quarter and 3.7 percent in the second quarter of 2017, exceeding market expectations.
Economic growth for the full year 2017 is now projected around 3.5 percent, says a new World Bank report.
view the Report: Thailand Economic Monitor-August 2017: Digital Transformation
Source: World Bank
Hong Kong Morning Stock Trading Canceled As Storm Lashes City
August 23, 2017--The Hong Kong stock exchange canceled its morning trading session on Wednesday as the weather department hoisted the No. 10 storm warning, the strongest signal, as Typhoon Hato approached the city.
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Source: Nikkei Asian Review
Investors Wave Red Flags at Hong Kong Dual-Class Shares Plan
August 22, 2017--Three industry goups voice opposition to HKEX proposals
A recent study finds that most dual-class firms outperform
Hong Kong Exchanges & Clearing Ltd. is having trouble winning over money managers to its plans for dual-class shares in the world's fourth-largest stock market.
The Council of Institutional Investors, Hong Kong Investment Funds Association and Asian Corporate Governance Association have all come out against HKEX's plans, as has Norges Bank Investment Management, the world's biggest sovereign wealth fund.
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Source: Bloomberg
3 tech giants you might not find in a tech ETF
August 22, 2017--For a long time, many investors have used ETFs tracking the Nasdaq 100 Index to gain exposure to the world's technology and internet giants.
However, as the ETF market expands, investors are provided with more choices to target specific sectors and investment themes. As such, it is becoming increasingly important for investors to understand the companies in the underlying index to which they are getting exposure-and the tech sector is no different!
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Source: betashares.com.au