Tag: China

  • Hong Kong’s position as China’s global financial centre

    Following is the speech by the Chief Executive, Mr Donald Tsang, at the luncheon hosted by the Hong Kong Economic and Trade Office in Berlin, the Hong Kong Trade Development Council and the Swiss-Hong Kong Business Association, in Zurich, Switzerland, today (January 27, Zurich time): Dr Moser (Kurt Moser – President of the Swiss-Hong Kong…

  • Five Ways to Invest in China

    Tony Sagami, Asian stock whiz, advises investors of ways to invest in China. While the U.S. is supposed to expand 1 percent or 2 percent, the People’s Bank of China issued its new 2007 forecast last week, saying it expects the country’s GDP to expand 9.8 percent for the year. In this issue of Money…

  • China to open futures market to foreign investors

    May 12, 2006 (China Knowledge) – The Chinese government is considering giving foreign investors limited access to trade commodity futures contracts in order to pave the way for the futures and derivatives exchange, according to Xinhua. China plans to offer stock index futures, bond and interest rate futures and currency derivatives through a financial derivatives…

  • China issues rules on offshore investing

    SHANGHAI, China – China’s banking regulators on Tuesday issued rules for commercial banks to invest client funds offshore, an important step toward opening up the country’s tightly controlled foreign exchange regime. The regulations, which take effect immediately, are meant to widen the investment options available to institutional and individual investors, allowing them to diversify their…

  • The contradiction in China’s capitalist line

    BEING chief economist of the ministry of railways seems to be a livelier job in China than elsewhere. Instead of sitting behind a desk writing dry reports, you meet foreign bankers and investors and try to lure them into investing billions of dollars in your national rail network. Huang Min is the lucky man. Sitting…

  • China eases rules on investing

    SHANGHAI, China — China is relaxing controls and rules on investing for companies seeking overseas financing in a move meant to boost development of private and high-tech companies, the country’s foreign exchange regulator said. The change in policy will enable mainland Chinese companies to set up offshore companies to raise funds and conduct mergers and…

  • China’s growth projection to boost commodities

    CHINA’S commodities bull story which has held everyone’s attention in recent years, is far from over. In the near future, the Asian giant’s growth could be even stronger than the scorching rate so far. Support for this extremely optimistic view is drawn from China’s Communist party endorsement of doubling the country’s GDP per capita by…

  • UBS seeks to invest more in China

    UBS has sufficient demand from clients to warrant further increases in the amount it is investing in China’s domestic stock and bond markets, Leon Brittan, vice-chairman of UBS Investment Bank, said yesterday. Such additional investment by the Swiss-based bank was mainly being held back by regulatory issues. “There is no shortage of demand [from clients],”…

  • China’s first exchange-traded fund starts trading

    BEIJING, Feb. 23 — The mainland’s first exchange-traded fund, or ETF starts trading Wednesday on the Shanghai bourse. The move is aimed at helping to develop the nation’s fledgling stock markets. More than six billion units of Shanghai 50 ETF’s are being listed on the Shanghai Stock Exchange on Wednesday. The index ETF funds are…