Aileen Chuang

1 week ago | scmp.com | Aileen Chuang

Global investors are showing more urgency in protecting their capital by allocating more funds to alternative assets over the next 12 months, as geopolitical risks continue to roil markets, according to an industry survey. About 45 per cent of these investors plan to increase their allocation to private credit and 37 per cent intend to raise their allocation to private assets in the secondary market, London-based Coller Capital said in a report on Monday.

1 week ago | scmp.com | Aileen Chuang

Wealthy people are increasingly drawn to structured products and diversified investments in light of market uncertainty, according to Standard Chartered Bank’s Eliza Law, who sees affluent clients putting more money to work in Hong Kong. “Our clients’ interest in investing has grown,” Law, managing director and head of affluent segment and distribution, wealth and retail banking at Standard Chartered Hong Kong, said in a briefing on Thursday.

1 week ago | scmp.com | Aileen Chuang

Chinese heating systems supplier Zhejiang Sanhua Intelligent Controls aims to raise up to HK$8.12 billion (US$1.03 billion) in a Hong Kong listing, joining a wave of mainland-traded companies that are tapping the city’s red-hot initial public offering (IPO) market. The Shenzhen-listed firm plans to offer 360.3 million shares at HK$21.21 to HK$22.53 each, according to a filing to the Hong Kong stock exchange on Friday.

1 week ago | scmp.com | Aileen Chuang

Hong Kong stocks dropped on Friday as rising geopolitical tensions dimmed investors’ appetite for risk assets. The Hang Seng Index fell 0.4 per cent to 23,950.45 at 10.10am local time, though it was still heading for a small weekly gain following a temporary de-escalation of US-China trade tensions. The Hang Seng Tech Index fell 1.3 per cent. On the mainland, the CSI 300 Index dropped 0.6 per cent and the Shanghai Composite Index retreated 0.5 per cent.

1 week ago | scmp.com | Aileen Chuang

Hong Kong stocks fell on Thursday, following declines in the US, as investors contended with new trade threats from Washington and uncertainty over trends in interest rates. The Hang Seng Index dropped 0.8 per cent to 24,176.63 at 9.55am local time, wiping out Wednesday’s gains following a preliminary US-China trade agreement. The Hang Seng Tech Index dropped 1.5 per cent. On the mainland, the CSI 300 Index lost 0.2 per cent and the Shanghai Composite Index retreated 0.1 per cent.