Fund China

By Andrew Wood in Hong Kong
A pioneering offshore fund that gives Chinese retail investors exposure to global markets has delivered a subdued performance in its first half-yearly results.
The Hua’an International Balanced Fund was the first product offered under China’s limited qualified domestic institutional investor (QDII) scheme.

By James Mackintosh
A troubled hedge fund run by Australia’s Basis Capital is insolvent and has appointed liquidators to wind it up in the Cayman Islands, according to court filings.
The Basis Yield Alpha Fund – until recently one of Australia’s best-rated hedge funds – collapsed after investments linked to US subprime mortgages went sour and Wall […]

From: Financial Times By Andrew Wood in Hong Kong
A pioneering offshore fund that gives Chinese retail investors exposure to global markets has delivered a subdued performance in its first half-yearly results.
The Hua’an International Balanced Fund was the first product offered under China’s limited qualified domestic institutional investor (QDII) scheme.

From Financial Times By Peter Ehrlich in Nanjing
Beijing has no intention of buying stakes in strategically important companies in Germany or other western countries in the near future, members of a German delegation visiting China have said.
During talks with Angela Merkel, Germany’s chancellor, on Tuesday the Chinese government made clear that the country was currently […]

By Geoff Dyer in Shanghai
The Chinese stock market is now bigger in terms of market value than the Japanese market if Chinese companies listed in Hong Kong are taken into account, underlining the dramatic surge in the country’s financial markets over the last 18 months.

GUANGZHOU (Fund China) - As of July 27, a total of nearly half the funds to disclose their half of year report, operating performance as 310 billion yuan, more than the last year operating performance.
Statistics show that so far, a total of 31 fund companies under 167 fund’s half of year report published, preliminary statistics, […]

Company Introduction
Lombarda China Fund Management Co., Ltd. (hereinafter referred to as Lombarda China), registered in Shenzhen with a registered capital of RMB 120 million, was formally established on July 19th, 2006. Italy-based Banca Lombarda e Piemontese S.p.A. holds 49% stake, Guodu Securities Co., Ltd. holds 47%, and Pingdingshan Coal (Group) Co., Ltd. holds 4%.

GUANGZHOU (Fund China) - the China Securities Regulatory Commission (”CSRC”) recently released the QDII business was qualified to the latest list of a number of fund companies, a joint venture fund company Fortis Haitong and the Fortune SGAM(SGAM: “Societe Generale Asset Management”) acquired a new batch of QDII business qualifications, coupled with the end of […]

BEIJING (XFN-ASIA) - Fortune SGAM Fund Management Co Ltd, a Societe Generale fund joint venture, said it has received regulatory approval to invest overseas under China’s Qualified Domestic Institutional Investor (QDII) program, a fund spokesperson told XFN-Asia.
In June, the China Securities Regulatory Commission issued new rules allowing brokerages and fund management companies to use client […]

By Mao Lijun (China Daily)
The establishment of a China-Singapore private equity (PE) fund, also called China-Singapore Hi-tech Industrial Investment Fund, is close to getting the go-ahead from the country’s top economic planner, China Daily has learnt from sources.
The fund is likely to become the country’s second industrial investment fund, supported by the China-Singapore Suzhou Industrial […]