Opportunities with the Opening of China's Futures Market
August 30, 2012--On August 20th 2012, SMK, a financial research institute in China, released the latest China's Financial Market Investment Report.
The report stated that: "China will introduce a slew of financial opening policies. Foreign capital will be able to enter China directly, and it will provide a huge opportunity for the U.S. and European financial institutions."
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Source: SMK
India's revised growth data, raises fears
August 30, 2012--India has quietly revised a slew of key economic data ahead of new GDP figures due out on Friday, a move economists say raises questions about the reliability of the country's financial records.
India's Central Statistics Office (CSO) has a history of making frequent revisions, but seasoned experts have been startled by the scale of the latest changes, which were released unannounced on the Internet.
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Source: FIN24
Asia hits out at US swaps reform plans
August 29, 2012--US proposals to revamp global derivatives markets threaten to create systemic risks and damp trading, Asian financial regulators have warned their US peers.
The comments, which echo concerns in Europe, mark the first time Asian regulators have openly expressed concerns about planned reforms, reflecting worries that banks outside the US could get swept up by the Dodd-Frank rules.
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Source: FT.com
7 new ETFs have launched on August 29,2012
August 29, 2012--Korea Exchange has listed 7 new ETFs: 『Arirang Leader, Arirang Defensive, Arirang Dividend, Arirang Auto, Arirang Ship&Trans, Arirang Iron&Metal, Arirang Chem on the KOSPI Market on August 29, 2012.
7 new ETFs are based on FnGuide Indices and provided by HANWHA ASSET MANAGEMENT.
These 7 ETFs aim to run investment trust assets in a way to make sure that the fluctuation rate of the net asset value per unit is similar to that of the FnGuide Index, the underlying index.
Hereafter, the total number of ETFs listed on Korea Exchange rose to 129.
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Source: KRX (Korea Exchange)
CSOP Launches First RQFII ETF To Track The FTSE China A50 Index
August 28, 2012--Global index provider FTSE Group has licensed the FTSE China A50 Index to CSOP Asset Management as the basis of its first Renminbi Qualified Foreign Institutional Investors (RQFII) ETF which listed on the Hong Kong bourse on August 28.
The CSOP FTSE China A50 ETF is the first cash based ETF based on the FTSE China A50 Index and offers investors a direct channel to participate in the China bluechip market. FTSE has over 60% of assets under management in China-themed ETFs listed globally benchmarked to the FTSE China Index Series.
Ding Chen, CEO, CSOP, said, “The FTSE China A50 Index not only enjoys a high awareness in the market, but is also associated with a range of related financial tools for investors to choose from, such as stock index futures and other financial derivatives. With the index, our product is very representative of the A-share market with great tradability, covering a wide range of industries, such as financials, health care, and telecommunications.”
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Source: The Asset
TSE has published the index value of TSE Home Price Index for June.
August 28, 2012--The index value of TSE Home Price Index (Used Condominium,, Composite of Tokyo Metro Area) is 77.41 points.
The index value of TSE Home Price Index (Used Condominium, Tokyo) is 81.56 points. The index value of TSE Home Price Index (Used Condominium, Kanagawa) is 76.93 points. The index value of TSE Home Price Index (Used Condominium, Chiba) is 65.99. The index value of TSE Home Price Index (Used Condominium, Saitama) is 66.37 points.
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Source: Tokyo Stock Exchange (TSE)
DB-Equity Derivatives and Quantitative Strategy Research-Asia:Asia-Pac ETF Market Weekly Review: ETP AUM reduced by $1bn amid bearish equity markets
August 27, 2012--Market Review
All the markets in the Asia-Pacific region declined last week. Compared to the week before, from north to south:
Japan (Nikkei 225) -1.0%
Korea (KOSPI2) -1.7%
China (CSI 300) -1.6%
Hong Kong (HSI) -1.2%
Singapore (FSSTI)-0.4%
Australia (S&P/ASX 200) -0.5%
New Product Launch Review
There were no new ETP listings last week.
Turnover Review
Asia-Pacific ETP turnover totaled $5.4bn last week, down 1.6% from the previous week’s total
South Korea continued to top the turnover ranking with $2.6bn, followed by China ($1.1bn), Hong Kong ($0.8bn), Japan ($0.5bn), and Taiwan ($0.2bn).
Among Equity ETFs, the Emerging Country, Leveraged Strategy, Short Strategy, and Asia-Pacific Developed Country ETFs had total turnovers of $2.3bn, $1.3bn, $0.8bn, and $0.6bn respectively.
And among the Commodities asset class, turnover in Gold ETPs totaled $131mm.
Assets under Management Review
Last week’s market weakness reduced Asia-Pacific ETP AUM by about $1bn, to $114.7bn. Year-to-date however, Asia-Pacific ETP AUM is up by $23.2bn, a 25.4% increase from the end of last year.
The following link will be available for 90 days. For more information, please click on the link for the full PDF. If you have any trouble viewing the link, copy and paste the link in a browser.
http://pull.db-gmresearch.com/p/569-C8E9/63219070/AP_Weekly_Aug_24.pdf
Source: Deutsche Bank - Equity Research - Asia Pacific
SSgA calls for change to QFII rules
August 27, 2012--State Street Global Advisors (SSgA) has called for QFII rules to be modified to create a level playing field between mainland Chinese,
Hong Kong and foreign ETF operators.
The call came as the second physically backed A-share ETF was launch
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Source: Asian Investor
China's securities reforms put spotlight on B-share dilemma
August 24, 2012--Guo Shuqing, China's chief securities regulator, would probably sympathise.
The delisting rules his office introduced recently, as part of a zealous reform package, have shed light on a dusty old corner of the country's securities industry: the B-share
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Source: Idaaworld
China-HSBC PMI posts second-lowest reading since March 2009
August 23, 2012--New export orders decline at sharpest rate since March 2009
Weaker-than-expected sales contribute to record increase in stocks of finished goods
Input costs fall at fastest rate in 41 months
China’s goods producers recorded a continued deterioration in business conditions during the month, with the headline HSBC Purchasing Managers’ Index (PMI) dropping from 49.3 to a nine-month low of 47.8 in August. Moreover, the latest index reading was the second-lowest since March 2009.
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Source: Markit
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