Hong Kong
Expert criticizes claims HK reforms will cause ‘collateral damage’
Contrary to concerns from an association of IFAs which claimed regulatory reforms in Hong Kong will cause “collateral damage”, one expert has argued these changes are “long overdue” and the industry will eventually recover.
HK reforms will cause “collateral damage” – IFAA
The chairman of Hong Kong’s Independent Financial Advisors Association has said the industry will suffer “collateral damage” in the first half of 2015 due to the over-ambitious time frame of regulatory reforms.
Asian equities team at OMGI gets Hong Kong licence
Old Mutual Global Investors said its Asian equities team has received regulatory approval to operate from their Hong Kong office, marking the first time the business will have on the ground fund management capabilities in Asia.
Hong Kong equities still undervalued after investment surge
Despite a record-setting, multi-day market rally, valuations of Hong Kong stocks are currently low relative to both global equity markets and to the Hong Kong market historical average, according to FE analytics.
Fresh Stock Connect rule signals boost in China-HK investment channel
A new rule which allows Chinese mutual funds to invest in Hong Kong-listed shares without a domestic institutional investor licence (QDII) is an “important signal” that regulators are eager to boost cross-border trading between the two regions.