CSOP kicks off launch of Hong Kong’s Star Market ETFs

A Chinese asset manager has launched the first Hong Kong exchange traded fund to track China’s Star Market, a Shanghai-based science and technology board that has drawn huge interest on the mainland since it was established 18 months ago. CSOP Asset Management’s launch comes as fellow Chinese managers, E Fund Management (HK) and Bosera Asset Management, are also… Continue reading CSOP kicks off launch of Hong Kong’s Star Market ETFs

Tencent’s $251 Billion Rally Triggers Frenzy in Shares, Options

Hong Kong’s equity traders can’t get enough of Tencent Holdings Ltd., the $950 billion giant that’s on pace for its biggest ever monthly gain. They’re paying up for bullish derivatives tracking the Chinese internet firm, buying thousands of January call options that expire Thursday. The price of one Tencent contract — which bets the stock… Continue reading Tencent’s $251 Billion Rally Triggers Frenzy in Shares, Options