China
Chinese lead in $27bn outbound property investment
In the first half of the year, 60% of Asia’s outbound property investment was from mainland China, according to CBRE Asia-Pacific.
China’s Noah sets up Jersey managed trust for HNW investors
The Shanghai-based wealth manager Noah Holdings has set up a trust with international service provider JTC in Jersey to address the increasing succession planning needs of its high net worth clients in China.
China one year on: Renminbi to keep falling
One year on from China’s surprise currency devaluation, there is still room for a further gradual depreciation of the renminbi against the US dollar, said Jade Fu, investment manager at Heartwood Investment Management.
China approves Shenzhen-Hong Kong Stock Connect
China’s regulators have formally approved the Shenzhen-Hong Kong Stock Connect, which was expected to launch last year.
Money still leaving China-focused funds
One year after the surprise yuan devaluation and subsequent market crash, $4.5bn has flowed out of funds focused on China equities, according to data from Morningstar.