Chinese investment banks gain clout in Asian bond markets
June 14, 2015--Chinese investment banks are muscling their way into Asia's competitive international bond markets, winning a bigger share of underwriting fees than ever before.
So far this year, Bank of China and its subsidiaries have earned more arranging international bonds for Asian issuers than Goldman Sachs, according to data compiled by Thomson Reuters/Freeman Consulting.
view more
Source: Reuters
China's hedge fund industry blooms as stocks boom
June 14, 2015--More than 4,000 new Chinese hedge and private equity funds have launched in the last three months, fuelling a mass exodus from traditional investment houses, as ambitious fund
managers seek to profit from the country's booming stock market.
view more
Source: FT.com
Margin trading regulations revised
Regulator forms working group with global index provider MSCI for inclusion of A shares
June 13, 2015--The rules covering investors' use of margin trading and short selling were relaxed on Friday in a draft document released by the China Securities Regulatory Commission.
Deng Ge, the CSRC spokesman, told a news conference that the CSRC will drop restrictions that are no longer compatible with the current conditions involving margin trading, a practice that allows investors to borrow money to purchase stocks, and short selling, which allows them to borrow securities to sell.
view more
Source: China Daily.com
Thai bourse further promotes investment culture to cope with aging society
June 11, 2015--The Stock Exchange of Thailand (SET), continues to
focus on financial literacy to promote financial planning among career people
through financial planning project called "Ngern Thong Tong Wang Phan", preparing them to be ready for quality retirement, as the number of Thai senior
citizens is expected to continue to increase in the next 20 years.
This reinforces SET's fifth decade of commitment to create long-term wealth, as such driving sustainable economic growth for Thailand.
view more
Source: The Stock Exchange of Thailand (SET)
New listing of Shinhan BNP Paribas SMART
June 9, 2015--Outline of listing
Korea Exchange (KRX) plans to list SMART Mainland China Small Cap CSI500 (Synthetic H) ETF which is managed by Shinhan BNP Paribas Asset Management Co., Ltd in the
KOSPI market on 8thJune 2015.
This product is the first Korean ETF that invests in the performance of the CSI Small Cap 500 Index, one of the series of mainland China Stocks Index (CSI).
view more
Source: Korea Exchange (KRX)
BetaShares Australian ETF Review: May 2015
June 9, 2015--The Australian exchange traded fund industry reached a new record high of $18.6 billion in funds under management in its sixteenth straight month of positive growth.
The market grew by $900 million over the month, with around 60% of growth coming from market movements and the remaining 40% from new money inflows.
view more
Source: BetaShares
Japan GDP unexpectedly accelerates in first quarter as firms boost investment
June 9, 2015--Japan's economy expanded much faster than initially expected over January to March as companies ramped up capital investment, underscoring the central bank's view that recovery from last year's recession is gaining momentum.
The economy grew an annualised 3.9 percent in the first three months of this year, Cabinet Office data showed on Monday, handily beating a preliminary estimate of a 2.4 percent gain, and topping a median market estimate for 2.7 percent growth.
view more
Source: Reuters
2 New ETFs to be Listed on July 15, 2015 (Wed.)
Rakuten Investment Managementā"Rakuten ETF-Nikkei 225 Leveraged Index" "Rakuten ETF-Nikkei 225 Double Inverse Index"
June 9, 2015--Today, Tokyo Stock Exchange,Inc. (TSE) approved the listings of new ETFs managed by "Rakuten Investment Management, Inc.".
These ETFs will be listed on Wednesday, July 15, 2015.
view more
Source: Japan Exchange Group
China's GDP Growth Overstated By 1-2% Due To Calculation Glitch, Capital Economics-Says
June 7, 2015--China's gross domestic product (GDP) growth is being overstated by 1 to 2 percentage points due to a glitch in the way it is being calculated, according to estimates from Capital Economics, the Financial Times (FT) reports on Sunday.
According to the estimates from Capital Economics, this would mean China the world's second-largest economy, had only grown by 5 to 6 percent in the 12 months to the first quarter (Q,1) of 2015, versus the 7 percent growth figure that was announced by Beijing.
China's official GDP data has long been questioned and has attracted widespread scorn as many commentators have argued that its suspiciously smooth numbers have been manipulated for political reasons
view more
Source: emergingequity.org
New toys for flash boys in China's fledgling derivatives market
June 7, 2015--Rapid development of derivatives in China attracting new traders
Brokerages, funds recruiting math whizzes, buying fast computers
Many traders are experienced Western educated returnees
Risks of trading error causing crash on volatile market
Chinese indexes suffered repeated dramatic crashes this year
The rapid liberalisation of Chinese derivatives markets has attracted a new breed of creative traders employing complex trading strategies that can generate quick profits...
view more
Source: Reuters