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Investing for beginners

illustration by Lau Ka-kuen

The devil in Greater Bay Area’s blueprint stunts cross-border wealth plan

The Wealth Management Connect scheme, a tailor-made plan for the 11 cities of the Greater Bay Area development zone, needs a broader range of products and wider sales channels to match Stock Connect’s success.

  • The wealth connect scheme reports paltry inflows relative to its predecessors stock connect and bond connect
  • Almost two years on, the scheme has attracted investments worth only 1 per cent of its 300 billion yuan quota

‘Fomo’, travel among Chinese Gen Z’s motivations for investing: CFA Institute

Silver Bonds: Hong Kong gets HK$62.6 billion of bids amid inflation threat

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Tencent, NetEase are front runners in global metaverse race, CS says

Tencent, NetEase will stand out in the web’s evolution to metaverse, as they tap into new opportunities from hosting virtual events and conferences, besides gaming.

An Apple employee uses an iPad with an augmented reality app on it to show off features of the new Apple Park at the Apple Visitor Center in Cupertino, California on November 17, 2017. Photo: Reuters

Hong Kong clears the way for blank-cheque companies to list

Hong Kong and mainland start-ups will be allowed to use a new method to raise funds from the local stock market, a move that set to attract more new listings and to strengthen the city as an international financial centre.

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ETF managers reap windfalls from oil supply crunch

ETF managers gained handsomely this year from backwardation, the market condition where oil futures trade below the expected spot price in a downwards sloping futures curve.

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Google’s 2021 finance rank shows iBond as the most-searched term

The annual ranking of the world’s dominant internet search engine, with 91.4 per cent of worldwide market share in November according to Statcounter’s data, offers a snapshot of what netizens care about in the internet-connected world.

Google logo through a magnifying glass. Photo: Shutterstock

Hong Kong reviews rules on retail trading cryptocurrency ETFs

Hong Kong’s financial watchdog is reviewing regulations governing cryptocurrencies including the market demand for Hong Kong retail investors to trade overseas exchange traded funds (ETFs) with exposure in virtual assets, according to deputy head of the regulator.

Chinese fund manager known for his bets on liquor makers dies at 41

Cai Xiangyang, who managed 10 funds with a combined US$7.8 billion in assets, died on Monday in Beijing, China Asset Management said in a statement, without giving more details.

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HKEX to launch A-shares futures in October, deals blow to Singapore

HKEX has entered into a new licensing agreement with global index provider MSCI to launch the new futures contract based on the MSCI China A 50 Connect Index.

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Bronze sculptures of bulls, the symbol of the Hong Kong Stock Exchange and the flag of HKEX flying next to the Hong Kong SAR flag, at the Exchange Square in Central on 2 June 2020. Photo: Winson Wong

Lone bear on Alibaba, Tencent says worse is yet to come

The rout in Chinese tech and education stocks may not end until Beijing repairs trust in the market in the face of regulatory assaults, DZ Bank analyst says.

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Traders on the New York Stock Exchange trading floor on March 18, 2020. Photo: Xinhua

Tepid response to Nayuki, world’s first listed milk tea firm, in Hong Kong

Nayuki Holdings, the world’s first listed milk tea chain, plunged 13.5 per cent on its Hong Kong debut, on concerns about its earnings outlook and relatively high pricing.

ESG investing to take off if China improves disclosures: fund managers

Engagement by foreign investors has already seen some Chinese firms enhance disclosures, while impending regulatory requirements would improve it further, say asset managers.

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Bitcoin can still be bought in China after latest crackdown

Chinese individuals could still buy bitcoin and other cryptocurrencies and trade them on overseas exchanges on Thursday.

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Small toy figurines are seen on representations of the bitcoin virtual currency displayed in front of an image of China's flag. Photo: Reuters

China warns again on cryptocurrency risks amid ‘wild fluctuations’

Statement comes amid recent price volatility and as Beijing seeks to draw a distinction with its own sovereign digital currency.

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Bitcoin was trading at around US$43,860 late on Tuesday, compared with US$55,000 a week earlier. Photo: Handout

Explainer | Here’s what you need to know about China’s upcoming wealth management scheme

The Wealth Management Connect is the first cross border trading scheme focused on the Greater Bay Area, with total fund flow capped at 300 billion yuan (US$46.5 billion).

Explainer | What’s behind China’s US$1.4 trillion stock rout. Is a bailout possible?

Mainland Chinese stocks have gone from world beaters to a wreck in a space of two months. Lofty valuations and policy risks abound. Speculation on state intervention or bailout could follow, given precedents. Here’s a quick take on the state of the market.

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Buffett’s Berkshire reveals three secret buys after cutting Apple stake

Buffett and his investment deputies, Todd Combs and Ted Weschler, reshaped the portfolio over the last year as the coronavirus pandemic struck the US.

Warren Buffet, chairman and chief executive officer of Berkshire Hathaway Inc., speaks during the virtual Berkshire Hathaway annual shareholders meeting seen on a laptop computer in Arlington, Virginia, on Saturday, May 2, 2020. Photo: Bloomberg

Who is really behind wallstreetbets’ short squeeze on hedge funds?

If Block is right, what seemed like a history-making retail uprising last week was just as much a convenient smokescreen for internecine hedge-fund warfare.

How China’s P2P purge has left millions of investors in debt and desperate

The shroud over peer-to-peer lending firms has fallen, and China’s banking regulator says all such platforms across the country have ceased operations – but countless billions are already feared lost.

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Silver Bonds paying seven times more than banks lure senior citizens

Demand for the latest Silver Bonds offering 3.5 per cent annual coupon has already exceeded that recorded for four previous issues, according to joint lead manager HSBC.

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The Silver Bonds will be distributed round by round if the overall subscription exceeds HK$15 billion, to ensure applicants for small numbers are served first. Photo: Felix Wong

World’s biggest hedge fund does far better in China than elsewhere

China is becoming increasingly important to global money managers after the nation widened its 100 trillion yuan investment market. Dalio has long been optimistic on China.

A Chinese investor uses his smartphone as he monitors stock prices at a brokerage house in Beijing on November 19, 2019. Contrary to global conventions, China uses red to denote gains and advances, green to indicate declines and losses. Photo: AP

Hongkongers grab US$5 billion of inflation bonds after Ant IPO miss

Hong Kong’s latest offering of inflation-linked bonds have become the blockbuster investment opportunity this week, attracting HK$38.9 billion in funds from investors.

Ant’s IPO delay leaves five mutual funds with US$9 billion in limbo

The IPO suspension came as China’s financial regulators signalled their intention to tighten the regulatory requirements on online consumer loans, also known as microlending, and require lending platforms to pony up more registered capital before they can engage in consumer loans.

Residents throng to first sale in four years of government-guaranteed iBonds

The first sale in four years of Hong Kong’s inflation-linked bonds got off to an encouraging start on Friday, as investors sought refuge in government-guaranteed returns in an environment of declining interest rates.

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The iBonds offer Hongkongers some refuge in an environment of declining interest rates. Photo: Xiaomei Chen

Hong Kong’s inflation bonds face new risk factors. Should investors worry?

As Hongkongers evaluate the first inflation-linked bond offering since July 2016 later this month, few things are worth noting. Economic conditions and risks surrounding the impending sale are different this time.

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A poster of iBond promotion seen here in the Bank of China branch in Cental, Hong Kong when the bonds were sold in 2014. Photo: SCMP

Abacus | Jammy investors: is Hong Kong property feeling the ‘doughnut effect’?

With rents and property prices in Central and Mid-Levels starting to fall, Neil Newman thinks commuter belt and rural Hong Kong is about to get a boost. Is there a hole in his argument?

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Major US investment advice site quits Hong Kong over ‘uncertainties’

The Motley Fool, which advises millions of small stock investors worldwide, cited the national security law, anti-government protests and souring US-China relations for its decision to depart.

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Investing for beginners
All millennials need to know about investing for beginners, including stock market trading, stock market 101, buying and selling shares and how to make the most out of your money.
last updated:
9 September, 2024
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