Monday, 15 March, 2021 - 12:00
In 2021, the Saudi market is expected to receive a number of offers amid great optimism prevailing in the performance of the stock market’s general index, Asharq Al-Awsat Riyadh - Fatehelrahman Yousif
A recent economic report predicted that the Saudi IPO market will witness over ten listings in 2021. It also pointed out that Q4 of 2020 showed positive indicators on both returns and the desire for listing companies in the Saudi stock exchange, Tadawul.
The record increase in appetite for listings can be traced back to the revitalization of various sectors such as banking and petrochemicals, recovering oil prices, the optimism surrounding Saudi Arabia’s national economic vision.
Tadawul Says Seeks to Encourage Women s Role in Financial Sector aawsat.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aawsat.com Daily Mail and Mail on Sunday newspapers.
China: Access all areas
Simon Kellaway about the main findings from its survey into China’s funds market.
This is down to a number of reasons ranging from the strong economic outlook in China and the difference in yield and alpha returns between East and West, according to Simon Kellaway, Regional Head of Greater China and North Asia Financing and Securities Services, Greater China and North Asia, at Standard Chartered.
“Our report highlighted that there is optimism that China may lead the world economy out of this slowdown. China GDP grew 2.3% YoY in 2020 (the only major economy globally to show positive GDP) while the global growth was -4.2%. China is expected to continue to lead the world s economic recovery in 2021.”
China: Access all areas
Simon Kellaway about the main findings from its survey into China’s funds market.
This is down to a number of reasons ranging from the strong economic outlook in China and the difference in yield and alpha returns between East and West, according to Simon Kellaway, Regional Head of Greater China and North Asia Financing and Securities Services, Greater China and North Asia, at Standard Chartered.
“Our report highlighted that there is optimism that China may lead the world economy out of this slowdown. China GDP grew 2.3% YoY in 2020 (the only major economy globally to show positive GDP) while the global growth was -4.2%. China is expected to continue to lead the world s economic recovery in 2021.”
Australia’s Second Largest Pension Fund Shelves Plan to Increase China Engagement
Australia’s second-largest superannuation fund, Aware Super, will no longer consider China as an investment destination in its upcoming overseas expansion due to concerns over its behaviour and market efficiency in the country.
Aware Super runs a $140 billion (US$109 billion) fund and is currently on track to grow the assets under its management to $200-300 billion (US$156-230 billion).
Aware Super’s Chief Investment Officer Damian Graham announced the news at a Bloomberg Inside Track webinar on Feb. 8 after noting that China’s authorities and markets have fallen short of the company’s expectations and pose a significant risk to minority shareholders.