Fund agencies cautious with stock positions
2007-04-19 14:38:42
Fund managers pared their stock positions in the first quarter of this year in anticipation of stock-price volatility after constant rallies.
Eurizon Financial buys in Penghua
2007-04-19 10:05:22
Eurizon Financial Group, an Italy-based consortium, has signed an agreement to acquire a 49 percent stake in Penghua Fund Management.
Investors' interest helps 2 funds reap US$2.33b
2007-04-18 10:28:05
Hua An Fund Management Co and Lord Abbett & Co raised a combined 18 billion yuan (US$2.33 billion) on the first day of issuance.
Individuals may be allowed to make direct overseas investment
2007-04-17 11:55:39
Chinese individuals may be allowed to make direct purchases of foreign stocks, funds and bonds as the country adopts a new strategy in foreign exchange management strategy.
HK launches new H-share derivative product
2007-04-17 11:53:09
The Hong Kong exchange yesterday launched the first derivative product related to the H-share financial index.
Lipper names 14 best Chinese funds
2007-04-16 10:17:45
Lipper recently gave 14 awards to mutual funds in China that have delivered consistently strong, risk-adjusted performance.
QFII funds realize lower returns in March
2007-04-16 10:07:37
Qualified foreign institutional investors (QFII) A-share fund performance was poorer than domestic mutual funds in March.
Mutual funds make their mark
2007-04-14 06:53:37
The sale of mutual funds in China is booming.A total of 11 funds, valued at more than 100 billion yuan, were raised in the past 40 days.
HSBC Jintrust's 3rd fund raises US$686m
2007-04-13 16:03:45
HSBC Jintrust Fund Management Co Ltd said subscriptions for its third fund reached 5.3 billion yuan.
China issues US$84m ABS in 1st quarter
2007-04-12 14:50:00
Asset-backed securities (ABS) issues in China totaled 650 million yuan (US$84 million) in the first quarter.
Chinese fall head over heels for mutual funds
2007-04-12 11:23:42
Subscriptions to new mutual funds hit a record high on Tuesday, pulverizing the record set in December last year.
New mutual funds subscriptions hit record
2007-04-11 15:43:03
Industry observers said the huge subscription proved that investors were dizzyingly optimistic about prospects for domestic equity markets.