The move to add Chinese equities follows from the implementation of the Stock Connect program to facilitate trading between Hong Kong and mainland China
Although some smaller and mid-size banks may experience an impact on their liquidity, larger are likely to be resilient to capital controls
Both firms will acquire an additional 3.9% equity interest each in the Chinese asset manager for $179 million, increasing both companies’ stakes in the firm
The firm is acquiring a stake in China AMC, which had $215 billion in AUM and an annual compound growth rate of 40% in the past five years
The index provider says China has to take further steps toward making its market more accessible for global investors
Although the credit-rating agency maintained the country’s rating, it says the government’s fiscal strength has weakened
China could try to stoke growth by devaluing its currency
Postal Savings Bank of China is the sixth largest bank by total assets in China
Canadian individuals can trade, save and invest in Renminbi
Moody’s report suggests that weak demand from China could further drag down volumes, prices and margins in the oil and gas sector