Hong Kong a key to China understanding
Hong Kong and its importance to China in terms of broader economic strategy represents a pivotal element in resolving some of the uncertainty in the minds of Australian investors, according to Premium China Funds Associate Director, Jonathan Wu.
Wu, who will be part of a panel discussing the China Conundrum at a Money Management breakfast in Sydney next week, said what he had noted through January and February so far was that institutional investors were abandoning the mainland market due to their ability to access liquidity in the Hong Kong equities market.
He said it was important not to underestimate the importance of Hong Kong and the desire of the central Government to keep the Hong Kong market both liquid and secure.
Wu will be joining a panel made up of Stephen van Eyk and Magellan's Sam Churchill.
Van Eyk has already posed the question of whether the central banks have run out of the ammunition necessary to deal with the current crisis.
Recommended for you
Insignia Financial has issued a statement to the ASX regarding a potential bid from a third global private equity business to acquire the firm.
More than 30 advisers fell off the FAR during the Christmas and New Year period, according to Wealth Data, with half of these coming from licensee giant Entireti.
With next-generation heirs unlikely to retain their family’s financial advisers after receiving an inheritance, Capgemini has explored how firms can work with younger generations to maintain a relationship.
The use of technology and data analytics will be a way for advice firms to grow in 2025, according to Adviser Ratings, with those who are using it successfully reporting 10 per cent higher profit margins.
