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Saudi Capital Market Forum to Host CONNECT Hong Kong Edition in May

Saudi Arabia’s Capital Market Forum is set to enhance ties with China’s capital markets by venturing beyond borders to host the next edition in Hong Kong. The Capital Market Forum — CONNECT Hong Kong, set for May 9 in the port city, was announced by Khalid Al-Hussan, CEO of Saudi Tadawul Group, during a fireside chat at the Riyadh forum. The forum, designed to facilitate cross-border investments and foster collaboration, will feature a series of strategic discussions and networking platfor...
Saudi Arabia United Kingdom Hong Kong Ar Riya United States Abdullah Binghannam
Source: aawsat.com

China Sovereign Fund Vows to Buy More ETFs, Fueling Stock Rally

(Bloomberg) -- Chinese equities rallied as Beijing stepped up its efforts to stem a rout with a string of policy announcements including a state fund’s vow to boost stock purchases.Most Read from BloombergKing Charles Treated for Cancer in New Health Scare for MonarchyWhy NYC Apartment Buildings Are on Sale Now for 50% OffChina Tightens Some Trading Restrictions for Domestic and Offshore InvestorsEastern Europe’s Richest Woman Pivots $43 Billion Empire WestBonds Fall After ‘...
Zhou Nan Bloomberg Businessweek Olivia Tam E Fund Chinext Price Index China Securities Regulatory Commission De Fund
Source: yahoo.com

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State-backed 'national team' of investors piles in to support China stocks

A rescue operation is underway in China's equity markets with large and unusual flows into blue-chip funds suggesting a plunge by state-backed investors.It is unclear exactly who is buying, or whether their pockets are deep enough to turn around the sliding market.But analysts say the purchasing
Goldman Sachs China Securities Finance Corp De Fund Central Huijin China Securities Finance

China ETFs See Inflows Top 2015, Suggesting State Rescue

(Bloomberg) -- Record inflows into a handful of key Chinese exchange traded funds suggest state-led funds have sprung into action to buffer the stock market plunge. Most Read from BloombergMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneMusk Says First Neuralink Patient Received Implant in BrainTech Giants Slide in Late Trading After Earnings: Markets WrapMicrosoft Sales Top Estimates; Cloud Growth Disappoints SomeUPS CEO Kicks Off Productivity Drive by Cu...
Bloomberg Businessweek Jeffrey Hernandez Central Huijin Investment Ltd Weekly Trading Spike May Signal State Fund De Fund Trading Spike May Signal State Fund
Source: yahoo.com

Chinese Fervor for Overseas Stocks Is Breaking ETF Trading

(Bloomberg) -- Burned by years of underperformance in Chinese domestic stocks, local investor appetite for overseas equities is running so high that it’s fueling huge price distortions in funds tracking these assets.Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetBlackstone Is Building a $25 Billion Empire of Power-Hungry Data CentersTrump Cash Stockpile at Risk From $450 Million Dual VerdictsMusk Says First Human Patient Has Received B...
United States Hong Kong Reinie Booysen Jack Wang Li Minghong Bloomberg Businessweek
Source: yahoo.com

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