ZED-Alert
January 29, 2011 Financial Conglomerates
China's banking regulator has issued new rules to allow greater participation in China’s over-the-counter derivatives market, including allowing asset-management companies to participate in...
January 29, 2011 Financial Conglomerates
Lai Xiaomin, President of Huarong Asset Management, said Huarong will follow the model of Cinda Asset Management as part of the firms restructuring and commercialization. Huarong is one of four...
January 29, 2011 Capital Markets
CSRC reported trading volume on Shanghai and Shenzhen grew by 1.8% last year leading the value of stamp tax on stock trading to reach Rmb54.56bn. The number of investors trading on the mainland stock...
January 29, 2011 IFAs
Last week Howbuy announced the launch of its own index to track hedge funds (also known in China as private funds). That an index to track Chinese private funds has been launched, is in itself, not a...
January 28, 2011 Trusts
The fundraising of collective investment products launched by trust companies accelerated by 184% to reach Rmb374bn in 2010. Trust companies, traditionally used as a platform for investment managers...
January 28, 2011 New Products
China Universal became the second fund manager to launch a guaranteed fund this year, raising Rmb2.5bn. The firm joins CCB Principal which raised Rmb3.1bn for its first guaranteed fund last week....
January 28, 2011 Offshore
The Industrial & Commercial Bank of China (ICBC) announced that it aims to raise Rmb1bn in funds to invest in dim sum bonds (Rmb-denominated bonds launched in Hong Kong) through its Rmb-...
January 28, 2011 Macroeconomy
Li Daokui, a monetary policy committee member of the Peoples Bank of China, has said the central bank may extend interest rate increases and allow the yuan to gain 5% annually to combat inflation and...
