Gary Chan

HKEX to Digitalise ETP Servicing Capabilities with Online Platform Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Tuesday) plans to digitise and automate the in-kind creation and redemption process for relevant exchange-traded products (ETP) in 2025 through the adoption of a web-based platform, subject to technical readiness and regulatory approval. This platform will be integrated into the ETP creation and redemption process, connecting key ETP participants with the use of Distributed Ledger Technology (DLT) and smart contracts, and will help increase overall ETP market efficiency, supporting the continued growth of secondary market activity for ETPs. This latest enhancement is part of the Group's ongoing commitment to further elevate the attractiveness and competitiveness of its international ETP ecosystem, replacing several manual, paper-based processes currently present with a goal to simplify the creation and redemption procedures of ETPs and boost market activity. #ETF #StockConnect #HKEX #HongKong #ETP

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The Case for Vietnam’s Equity Market as Portfolio Diversification for Asia’s Private Clients Is now the right time for private clients to venture into Vietnam’s equity market with more confidence? Mario Timpanaro, Fund Manager of Lumen Vietnam Fund and co-founder of Swiss-based AQUIS Capital, believes so, but he strongly advises being highly selective regarding the choice of sectors and individual stocks and counsels maintaining a diversified approach. He was one of the expert panellists at the Hubbis Digital Dialogue on #Investing in #Vietnam in February 2024, which his firm also sponsored. He pointed delegates to the significant disconnect between Vietnam’s rapid growth and the huge potential of the stock market, which is currently trading at valuations well below regional peers and considerably lower than where he believes it should be, highlighting some of the key sectors enjoying robust growth and where he sees considerable opportunities ahead. Hubbis has distilled his key observations and outlined selected insights from the two other two panel members, Maximilian Hoenigsmann, Managing Partner at Corecam Family Office, and Rainer Michael Preiss, Partner and Portfolio Strategist at Das Family Office (Singapore). Read on: https://lnkd.in/gVicYQjq

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MPF Ratings released Q1 2024 MPF Asset Class Fund Flow Summary by highlighting that US equities received over $9bn of MPF’s net inflows in Q1 2024, by far the largest quarterly MPF net inflows into US equities ever recorded, and a concerning trend which Mr Chung attributes to a confluence of new fund launches, disappointing local equity results and MPF members trying to capitalize on the strong momentum of the US market. Find out more here: https://lnkd.in/eRJmq4ne #mpfratings #MPFRIntelligence #MPFRConsistentPerformers #MPFFastMover #MarketInsights #MPFMarketShare #MPFFundFlows #MPFNetReturns #MPFIndustry #pensionschemes #assetmanagement #investmentmanagement #mpf #investment #empf

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Veiverne Yuen (Partner) was part of a panel on DealStreetAsia PE-VC Summit with the topic "Asian family offices recalibrating investment strategies amid global headwinds", alongside Zann Kwan, 关旨斌, CFA (Revo Digital Family Office), Rebekah Woo, CFA, CAIA(Farro Capital), Wen Tan (Nelson Capital) and Sean Low (刘轩昂）(Golden Vision Capital (Singapore) Pte Ltd). While everyone is affected by the macro-environment, there are some nuances for Asian family offices. Asian families are likely in their first or second generation, with a substantial portion of their wealth locked up in the operating business. There is a need to diversify against these holdings, whilst not having sufficient investable AUM to justify a family office set-up with a competent team. At Blauwpark Partners, we are a “single-family office for multiple families”, with deep investment knowledge and experiences in private markets. Families can leverage our platform and resources for their family office set-up. #familyoffice, #UHNW, #strategicassetallocation

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[ON.CC | Value Partners: Gold price approaches $2,470, setting an all-time high (ATH); analyst suggests further upside potential] Rising expectations of a September Fed rate cut, coupled with the recent attack on U.S. presidential candidate Donald Trump, have led to New York gold futures and spot gold reaching new historical highs. Alex Chiu, Senior Strategist of ETF Business at Value Partners, maintains a positive outlook for gold in the latter half of 2024, citing ongoing geopolitical uncertainties and increasing central bank demand as the main drivers of gold prices. Read the full article now (Chinese only): https://lnkd.in/guVX4VUk Follow us on LinkedIn to access our latest news and investment insights. 🔎 Facebook: bit.ly/3mjfFLB  🔎 YouTube: bit.ly/valuepartners4236 🔎 Subscribe to our e-newsletter: bit.ly/3AGDDI6 #valuepartners #mutualfunds #investments #assetmanagement #goldetf #gold Investment involves risk. The above information is for reference only. It does not constitute an offer or an invitation to subscribe any securities, or a recommendation in relation to any securities. 

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Leveraging on our strong Chinese parentage, we are establishing ourselves as the China-ASEAN nexus, providing investors unparalleled access to opportunities in both regions. Read more in this exclusive interview with GCEO Carol Fong on The Digital Banker : https://lnkd.in/gVDefT44

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Hong Kong Exchanges and Clearing Limited (HKEX)’s strategy to help global clients navigate challenges and opportunities in Hong Kong and Mainland markets Read the full artcle: https://bit.ly/3UqlQiq At Sibos 2024 in Beijing, Tae Seok Clement Yoo, managing director of global client development at HKEX, shared insights into how HKEX Group is addressing the evolving dynamics of China's mainland markets. In a landscape shaped by recent government stimulus measures and technological advancements, Yoo outlined HKEX’s strategies to tackle settlement challenges, attract global investors, and enhance cross-border trading infrastructure. The T+0 settlement cycle in China's mainland markets, primarily the Shanghai and Shenzhen stock exchanges, presents both opportunities and challenges, particularly for international investors who are accustomed to the longer cycles of T+2 or T+1. This shortened settlement timeline requires efficient clearing and settlement processes, a critical factor for maintaining investor confidence and mitigating counterparty risks in a fast-paced trading environment. Yoo highlighted that one of the key concerns among investors is the ability to meet settlement requirements within a constrained time frame. HKEX has introduced technological solutions to address these concerns, including its Synapse platform, which improves operational efficiency and enhances the clearing process. This platform was launched to support market participants in coping with the operational challenges of T+0, such as pre-trade checks, settlement accuracy, and exception handling within a shorter window of time. John Hsu, Jacky Mak, Elzio Barreto Foo Boon Ping 胡文彬, Cindy Yu, Eunice Foong, Chris Kapfer, Ruoxin Qi, TAB Global #Sibos2024 #TaeYoo #HKEX #ShanghaiStockExchange #ShenzhenStockExchange #StockConnect #SwapConnect #SynapsePlatform #GlobalClientDevelopment #CrossBorderTrading #FinancialTechnology #T0Settlement #MainlandMarkets #OrionDerivativesPlatform #ChinaCapitalMarkets #TheAsianBanker #TABGlobal

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H&P Financial Services Weekly - Hong Kong’s Hang Seng is the Number One Super market of the week, up > 30%, driven by lower rates and new liquidity. We look at intraday volatility in Q3, which was up on Q2, with that major August spike, which should have helped the leveraged trading platforms PLUS, IGG and CMCX. Rising markets will have added some c. 3% to UK wealth management assets last quarter. Brooks Macdonald estimates are still woefully out of date, in our opinion. Premier Miton reveals more of their MPS plans. Man Group presents an entry point, with AHL underperforming for a while. Tavistock flies on a major disposal which will nonetheless benefit acquirer Saltus. Frenkel Topping would not be at this valuation if it had any liquidity. https://lnkd.in/eDVaAAV5

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MPF Ratings continues to assess the performance of the MPF Funds, highlighting the best performers and providing valuable insights for MPF members! According to the latest data, the 2024 Gold Rated scheme - AIA MPF has multiple funds that have excelled across various investment horizons, securing top positions in their respective categories: ．NO. 1 in 3 Year, 5 Year & 10 Year Return: Equity Fund (Asia) category - AIA Asian Equity Fund ．NO. 1 in Year-to-Date, 1 Year, 3 Year & 5 Year Return: Equity Fund (Global) Index Tracking sub-category - AIA World Fund ．NO. 1 in 5 Year Return: Equity Fund (HK & China) category - AIA Greater China Equity Fund ．NO. 1 in 3 Year Return: Equity Fund (US) category - AIA North American Equity Fund ．NO. 1 in 10 Year Return: Mixed Asset Fund (81-100% Equity) category - AIA Growth Portfolio ．NO. 1 in Year-to-Date & 1 Year Return: ESG Fund category - AIA Green Fund Stay tuned for more insights on MPF fund performance! Note: The data presented is based on MPF Ratings statistics as of August 31, 2024 #mpfratings #MPFScorecard #MPFHealthCheck #MPFFastMover #MPFRConsistentPerformers #MarketInsights #MPFMarketShare #MPFFundFlows #MPFNetReturns #MPFIndustry #pensionschemes #assetmanagement #investmentmanagement #mpf #investment #empf

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YTD 2024 (as of 5 Jun), the Hang Seng Index (‘HSI') has demonstrated an impressive gain of +8.1%, with ADT of HKD110.5bn. Riding alongside it, the lesser-known HSI SCHK Index (‘#HSISC’) also mirrors this success, posting similar returns of +9.6% YTD. With all constituents eligible in the Southbound #StockConnect, the HSISC also provides similar index features and a high correlated performance with its base index, the HSI, but merely excludes six HSI stocks. For those Mainland #ETF issuers that intend to utilise the Southbound Stock Connect channel, the HSISC can serve to be the alternative version of the HSI, tailored to gauge these Southbound-eligible Hong Kong blue-chips. Read the full details with publication date 11 Jun 2024 here: https://lnkd.in/gfwpDZMV #HangSengIndexes #HSI #mainland #southbound

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Bosera Asset Management (International) Co., Deloitte and SINOHOPE Asset are co-organising an exclusive event - Hong Kong Virtual Asset ETFs and Regulatory Business Prospects this afternoon. King Leung, Global Head of Financial Services, Fintech & Sustainability of Invest Hong Kong, will be joining the panel discussion with industry experts to uncover insights on Virtual Asset allocation and the latest opportunities. We look forward to the fruitful discussions and networking opportunities! #FintechHK #fintech #HK #hongkong #VA #VirtualAsset #ETF #regulatory

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abrdn Asian Income Fund Limited is an investment company that offers the prospect of both capital and income growth and could be considered a core offering for investors seeking diversification through #Asian equity exposure. Hear from Edison's Milosz Papst and Yoojeong Oh, CFA, one of the fund's managers, as they explore the potential opportunity in Asia. For more on emerging markets, read our latest report: https://lnkd.in/eaPgvTrc #EM #emergingmarkets #asia abrdn Investment Trusts

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【𝗦𝘂𝗻 𝗛𝘂𝗻𝗴 𝗞𝗮𝗶 & 𝗖𝗼. 𝗖𝗼𝗺𝗺𝗶𝘁𝘀 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝘁𝗼 𝘁𝗵𝗲 𝗝𝗮𝗽𝗮𝗻 𝗔𝗹𝗽𝗵𝗮 𝗙𝘂𝗻𝗱 𝗡𝗲𝘄𝗹𝘆 𝗟𝗮𝘂𝗻𝗰𝗵𝗲𝗱 𝗯𝘆 𝗔𝗰𝘁𝘂𝘀𝗥𝗮𝘆𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀 】 Sun Hung Kai & Co. Limited (“SHK & Co.”) and its licensed funds management arm, Sun Hung Kai Capital Partners Limited (“SHK Capital Partners”), are pleased to announce their commitment to the 𝗔𝗰𝘁𝘂𝘀𝗥𝗮𝘆𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀 𝗝𝗮𝗽𝗮𝗻 𝗔𝗹𝗽𝗵𝗮 𝗙𝘂𝗻𝗱, which went live on 26 September 2024. This is in addition to SHK & Co.’s ongoing investments in ActusRayPartners’ Asian and European strategies. Other existing clients of ActusRayPartners have also expressed early interest in the Japan strategy. The equity long/short near market-neutral strategy seeks to generate alpha by identifying and capturing inefficiencies in the Japan equity market. ActusRayPartners employs its 𝘋𝘪𝘴𝘤𝘳𝘦𝘵𝘪𝘰𝘯𝘢𝘳𝘺 𝘗𝘳𝘰𝘣𝘢𝘣𝘪𝘭𝘪𝘴𝘵𝘪𝘤 𝘐𝘯𝘷𝘦𝘴𝘵𝘪𝘯𝘨 process, which combines a quantitative base with discretionary adjustments to address quantitative deficiencies. This marks the third alpha strategy launched by ActusRayPartners, following the successful European strategy initiated in 2020 and Asian strategy launched in 2022. The European strategy received the HFM European Performance Award in 2023 and 2024 respectively, and the Asian strategy received the HFM APAC Performance Award in 2024. ActusRayPartners is a Hong Kong-headquartered asset management company equally co-founded by Andrew Alexander, Raymond Chan, and Patrick Cheung in 2019. Several members of the team previously worked together in the Quantitative Hedge Funds division of Macquarie Group. As of today, ActusRayPartners comprises of 27 colleagues based in Hong Kong and Sydney, managing over US$700 million across Asia, Europe, and Japan. Tony Edwards, Deputy CEO of SHK & Co., stated, "Congratulations to ActusRayPartners on the launch of their new fund. Since 2020, SHK & Co. has seeded and supported ActusRayPartners, and this further commitment reinforces our confidence in their capabilities and aligns with our investment objectives." “The launch of the Japan Alpha strategy represents an exciting milestone for us. We would like to express our gratitude to SHK & Co. for their continued support over the years,” said the co-founders of ActusRayPartners Limited. “We are eager to employ our proprietary 𝘋𝘪𝘴𝘤𝘳𝘦𝘵𝘪𝘰𝘯𝘢𝘳𝘺 𝘗𝘳𝘰𝘣𝘢𝘣𝘪𝘭𝘪𝘴𝘵𝘪𝘤 𝘐𝘯𝘷𝘦𝘴𝘵𝘪𝘯𝘨 process in the pursuit of alpha for our investors in the Japan equity market.” Press release: https://lnkd.in/gDZH_crG #ActusRayPartners #JapanAlphaFund #NewLaunch #CommitCapital #FundPartnership

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【「中國PE王」單偉建﹕港注定成國金中心 拓在岸人幣業務發圍】 PAG Co-Founder: Hong Kong Destined as a Global Financial Center 私市股權太盟投資集團（PAG）執行董事長單偉建指出，香港鄰近中國內地這一龐大經濟體，擁有自由兌換及穩定的貨幣、獨立的司法，這些因素都注定香港比新加坡更適合成為國際金融中心。他建議，允許香港銀行提供「在岸人民幣服務」，以便發展總部經濟，這樣香港的經濟地位就更為穩固。 Hong Kong's proximity to the vast China's economy, along with its freely convertible and stable currency and independent judiciary, makes it more suitable than Singapore as an international financial center, said Weijian Shan, co-founder and executive chairman of PAG, one of Asia’s largest private equity firms with more than $55 billion in assets under management. Shan suggested that allowing Hong Kong banks to offer "onshore RMB services" would further bolster the city’s economic status and enhance its appeal as a headquarters for businesses. 完整訪問：https://lnkd.in/ga3ZqQ-B ｜Be sure to follow Hong Kong Economic Journal｜ ｜Your Professional Guide to Financial Intelligence｜ #信報 #專訪 #AssetManagement #PrivateEquity #alternative #HongKong #Finance #Onshore #RMB #Market

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Where should you set up your offshore trust?

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