Four months after the State Council, China’s cabinet, unveiled a nine-point document aimed at restoring investors’ confidence and attracting long-term funds, the market is back in a downward spiral after a relief rally. There are telltale signs of investors shunning stocks: turnover on the Shanghai and Shenzhen exchanges has plunged to a four-year low, the
1 International Banker is joined by Mr. Daniel Varela, Chief Investment Officer of Piguet Galland & Cie SA to discuss trends in Swiss asset management, the bank’s asset-management model and most popular investment products. —– Today, International Banker is joined by Mr. Daniel Varela, Chief Investment Officer of Piguet Galland, to discuss trends in Swiss
By Summer Zhen HONG KONG (Reuters) – Global hedge funds that use an equities long-short strategy are growing increasingly bullish on China, evidenced by the heavy pick-up in their purchases of Hong Kong-listed shares, UBS Group said in a note. Hong Kong’s stock markets, which closely mirror China’s struggling performance, have recovered since March as