15-8-2008

 

China Hedge Weekly

 


China Edge

Haitong Securities' subsidiary acquires Hong Kong license
Thursday, 14 August 2008
Haitong Securities set up Haitong (Hong Kong) Financial Holdings Co., Ltd. last year, a wholly-owned subsidiary based in Hong Kong...

Jun LU, ex-start manager at China Int'l Fund Management and now an Onshore China Hedge Fund Manager: Dealing with the highs and lows of the market
Thursday, 14 August 2008
As the star fund manager of Ping An - Congrong Advantage Collective Trust Scheme, Jun LU was interviewed recently to discuss his fund's investments and his thoughts on the market...

Harvest Fund Management's Hong Kong new unit will target alternative investments
Wednesday, 13 August 2008
Sources revealed that, Harvest Funds' CEO Zhao Xuejun is in Wall Street recruiting talent...

Onshore China Hedge Funds continue to endure a harsh season
Wednesday, 13 August 2008
Private investment funds published reports indicating that overall losses sustained by funds were lower, even though average losses had increased by some margin...

Unfair? Ex- NDRC official joined Blackstone
Wednesday, August 13, 2008
Fu Shan, ex-official of China's National Development & Reform Commission (NDRC), announced that he will join Wall Street private equity giant Blackstone LP's new Beijing office...

China Merchant Securities buys into Bosera Funds, rings the boardroom changes
Tuesday, 12 August 2008
Bosera Funds announced recently the composition of its new board. China Merchant Securities bought a 48% stake in Bosera Funds for 6.32 billion RMB to become majority shareholder...

ABC-CA Fund Management's behind-the-scenes helper sells over 5 billion units in one swoop
Tuesday, 12 August 2008
The issue of over 5 billion units of ABC-CA Fund Management's first fund with the strong support of the Agricultural Bank of China (ABC) has breathed new life back into the mutual fund market...

Morgan Stanley China fund JV lost money - Is it a really a Hedge Fund?
Monday, 11 August 2008
Morgan Stanley Huaxin Fundamental Industry Fund was down 18.73% from July 1 to Aug 5, underperforming benchmark SSE Composite Index. The fund lost 8.32% in the second quarter...


The Chinese Securities firms July ranking out
Monday, 11 August 2008
Galaxy Securities, GTJA Securities and Haitong Securities ranked the top 3 trading houses measured by asset classes such as equities, funds and warrants...

Hundreds of millionaires made by China's city commercial banks
Monday, 11 August 2008
As the limited shares could be traded in capital market, hundreds of millionaires will be made by listed city commercial banks like Bank of Beijing and Bank of Nanjing.
(Please refer the related news at the issue of 8 August 2008 titled "70% of Bank of Ningbo employees become millionaires")

QDII Funds showing signs of differentiation
Monday, 11 August 2008
Figures from the second quarter this year show that the QDII Funds are differentiating and the performance gap between them is growing...

China Southern Fund to manage Hubei Power Utilities' Annuity Fund
After inking a deal with Anhui Power for their annuity project in April, China Southern Fund has signed a deal with Hubei Power Company to manage their annuity investment fund...
Saturday, 9 August 2008

Heard from China Hedge Fund Manager
There are currently three major related issues facing the Chinese economy: the threat of inflation, the concern of an economic slowdown, and the inflow of hot money/RMB management...
(Please refer the related news at the series issue of 25 July 2008 titled "Heard from China Hedge Fund Manager")


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Premium News

New Rule: Mutual fund firms managing less than 20 billion yuan can apply for QDII...
Thursday, 14 August 2008

New Star eyes Taiwan with sales hire...
Thursday, 14 August 2008

Overseas QFII funds in stock market recover...
Wednesday, 13 August 2008

Chinese investors prefer to put money in banks...
Wednesday, 13 August 2008

Olympic role boosts Li Ning's pockets...
Tuesday, 12 August 2008

Legg Mason counting on industry consolidation in China...
Tuesday, 12 August 2008


Brokers win nod...
Tuesday, 12 August 2008


UK's Hedge Fund Toscafund raises stake in Hong Kong-listed Geely Automobile to 17.92 pct...
Monday, 11 August 2008


Goldman says Olympics a Two-Month Economic Drag...
Monday, 11 August 2008

Doing your homework pays in Chinese distressed debt...
Monday, 11 August 2008


Overseas banks to be given additional lending quotas...
Saturday, 9 August 2008


Standard Chartered Bank (China) Ltd First 88-kilogram gold trading...
Saturday, 9 August 2008


Merrill Lynch reshapes capital introductions as Visairas walks...
Saturday, 9 August 2008


China's Harvest Fund wins approval to set up Hong Kong unit...
Saturday, 9 August 2008


Northern Trust bolsters Asia-Pacific wealth operations...
Saturday, 9 August 2008




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