Latest news with #WindInformation
Nikkei Asia
a day ago
- Business
- Nikkei Asia
Chinese stock investors pour record $95bn into Hong Kong in first half
Markets Stock connect flows show diverging performance between territory and mainland Earlier in the year, excitement over a homegrown artificial intelligence boom fueled investment from the mainland into big tech stocks listed on the Hong Kong Exchange. © Reuters WATARU SUZUKI SHANGHAI -- Mainland Chinese investors have poured a record 680 billion yuan ($94.8 billion) into the Hong Kong stock market so far this year, helping boost its gains in contrast to a lackluster performance at home. Net buying of Hong Kong stocks via the stock connect program, which enables mainland and Hong Kong investors to trade designated shares in each other's markets, doubled in the first six months from the previous year, according to data provider Wind Information. The tally is already approaching the 744 billion yuan recorded for the full year in 2024.
South China Morning Post
22-04-2025
- Business
- South China Morning Post
Chinese gold ETFs glow as investors chase metal's historic rise amid Trump turmoil
Chinese investors have been flocking to exchange-traded funds (ETFs) tracking the price of gold, hoping to take advantage of the precious metal's world-beating rally as stocks remain in the doldrums amid a tariff war. Advertisement The 13 mainland-domiciled gold ETFs have attracted new subscriptions of at least 7.9 billion units so far this year, according to financial data provider Wind Information. As of April 11, fresh inflows and the rising price of gold added 70.4 billion yuan (US$9.6 billion) to the funds' assets under management, an 80 per cent year-on-year rise, according to data compiled by Guosen Securities. Gold's 33 per cent gain this year has beaten other key asset classes, with global investors loading up on the metal to hedge against rising geopolitical tensions. The pattern has strengthened since the US rattled global financial markets and upended global trade with its so-called reciprocal tariffs early this month. Goldman Sachs expects gold to hit US$4,000 an ounce at some point this year, implying a 15 per cent rise from the current level. 'Gold is shining on the backdrop of reshaping the global order,' said Liu Shiyao, an analyst at Zijin Tianfeng Futures. 'The more than 60 per cent gain in gold prices over the past two years shows that it has come to take the place of US Treasuries and the dollar as the haven for investors.' Spot gold prices rose 1.7 per cent to US$3,480.54 an ounce on Tuesday after topping US$3,400 for the first time in overnight trading. Investors snapped up the metal after US President Donald Trump's comments on the Federal Reserve's monetary policy undermined confidence in the independence of the world's biggest central bank and lent more weight to the narrative of steering clear of US assets. Advertisement Money managers had 126.7 billion yuan of assets under management in gold ETFs as of April 11, according to Guosen Securities. The biggest is a 64.2 billion yuan fund managed by Shanghai-based Hua An Fund Management. Bosera Asset Management's 28.9 billion-yuan gold ETF was second, followed by a 26.6 billion yuan fund by E Fund Management. All the funds track the benchmark spot gold contract trading on the Shanghai Futures Exchange.
Zawya
20-02-2025
- Business
- Zawya
ADIO signs 3 strategic pacts to strengthen Abu Dhabi-China ties
The Abu Dhabi Investment Office (ADIO) has signed strategic agreements with Fosun International Limited, Wind Information, and Hejun Group to enhance economic collaboration and facilitate investment between Abu Dhabi and China. The agreements were announced during the Abu Dhabi Investment Forum (ADIF) in Shanghai, reinforcing Abu Dhabi's role as a hub for international investment. Partnership with Fosun International ADIO's agreement with Hong Kong-listed global consumer-focused group Fosun Internationalaims to support the company's expansion into Abu Dhabi and the broader Middle East. ADIO will provide tailored investor support, streamlined market access, and strategic guidance to facilitate Fosun's entry into key sectors, including wealth management, fintech, residential real estate, and healthcare innovation. Partnership with Wind Information ADIO has also signed an agreement with Wind Information, a leading financial information provider in China. The collaboration aims to enhance investment intelligence and facilitate knowledge exchange between investors in Abu Dhabi and China. As part of the partnership, ADIO will support Wind Information's clients, including securities companies, fund managers, insurance providers, banks, and investment firms, while Wind Information will provide market insights and research to Abu Dhabi-based investors exploring opportunities in China. Partnership with Hejun Group The partnership with Chinese consultancy Hejun Group to attract Chinese investment to Abu Dhabi and support economic diversification efforts. Hejun Group, through its investment arm Hejun Capital, will introduce Abu Dhabi's investment landscape to its network of more than 2,000 publicly listed and private enterprises in China. ADIO will assist these companies in establishing a presence in Abu Dhabi, offering guidance and business setup support. Hejun Capital manages over $2 billion in cumulative assets. These agreements align with Abu Dhabi's broader strategy to enhance economic cooperation with China, providing Chinese companies with a gateway to the Middle East, Africa, and Southeast Asia while expanding investment opportunities for Abu Dhabi-based businesses in China. (Writing by P Deol; Editing by Anoop Menon)
Zawya
20-02-2025
- Business
- Zawya
Abu Dhabi Investment Office partners with China's Wind Information
The Abu Dhabi Investment Office (ADIO) has signed a strategic partnership with Wind Information, China's leading financial information services provider, to enhance investment intelligence and deepen economic ties between Abu Dhabi and China. The signing ceremony took place during the Abu Dhabi Investment Forum (ADIF) in Shanghai, highlighting Abu Dhabi's ongoing efforts to strengthen economic ties with the Chinese financial ecosystem. The partnership establishes Wind Information as ADIO's preferred Knowledge Partner in China, providing investors greater access to the thriving investment landscapes of both Abu Dhabi and China. By enhancing the exchange of financial market intelligence and investment insights, the collaboration aims to support Chinese investors and family offices, in both Abu Dhabi and China, with in-depth research and analysis on key market opportunities. Wind Information will actively connect ADIO with major investors and financial institutions in China, while ADIO will support Abu Dhabi-based investors exploring opportunities in China. Additionally, the two organisations will also co-host investment forums in the UAE and China to promote opportunities and strengthen ties. ADIO will extend its expertise and support to Wind Information's clients, including securities companies, fund management corporations, insurance providers, banks and investment firms. Likewise, Wind Information will provide Abu Dhabi-based investors and institutions with deeper insights into the Chinese market. For companies exploring growth opportunities, ADIO has committed to providing streamlined market access and onboarding into one of the world's most competitive business environments, while Wind Information will support Abu Dhabi investors navigating China's expansive investment landscape. Badr Al-Olama, Director-General of ADIO, said, "As a gateway for global investments, this partnership with Wind Information reinforces Abu Dhabi's commitment to further strengthen economic ties with China and to develop a seamless investment ecosystem. By facilitating access to market data and financial insights, we are ensuring that Abu Dhabi remains an environment where investors can thrive, make informed decisions and contribute to the sustainable growth of both economies." Li Zhou, Co-Founder of Wind Information, added, "As a leading financial information provider, Wind Information is committed to connecting capital markets and investment opportunities between China and the world. Our collaboration with ADIO will empower investors with the data-driven insights and borderless ecosystem that are valuable in enhancing the corridor between China and UAE." With Abu Dhabi's strategic position as a global investment hub and China's role as a key player in international markets, the agreement between ADIO and Wind Information establishes a framework for long-term cooperation that will drive innovation, strengthen financial market connectivity and promote investment opportunities.
