Hong Kong’s leader is expected to roll out measures to amplify the city’s status as an international financial, trade and maritime centre in his third policy address on Wednesday, the Post has learned. Chief Executive John Lee Ka-chiu would also announce plans to diversify the economy through innovation and new industries such as life sciences…
Asia-Pacific’s private capital sector could get support from Chinese government stimulus as well as greater development of other financial markets in the region, according to data provider Preqin. China’s contribution to the region’s market for private capital has tumbled significantly in recent years, but stimulus measures and reforms from Beijing could spark a turnaround, said…
Hong Kong technology venture-capital (VC) firm MindWorks Capital has finalised a new US dollar fund to invest in start-ups across the Greater Bay Area and Asia, defying an extended slump for China-focused private investments amid geopolitical headwinds. MindWorks closed a US$220 million new fund, with investors including sovereign wealth funds, a university endowment, asset managers,…
Asian stocks were set for a cautious start after losses in the US, with traders preparing for Chinese markets to reopen following a week-long holiday. Futures showed Tokyo shares falling, with Hong Kong and Sydney benchmarks inching lower after Wall Street was dragged down by a tech selloff, geopolitical angst and bets on a smaller…
Mumbai: Overseas fund managers have piled up bearish derivative bets on Indian equities at the highest level in a month, as signs of resurgence in Chinese stocks and worsening conflict between Israel and Iran have prompted them to reconsider their exposure.Foreigners’ long-short ratio – a measure of the number of their bullish positions versus bearish…