Hong Kong Exchange Fund's 2023 investment income hits 27.22 bln USD

STORY: Hong Kong Exchange Fund's 2023 investment income hits 27.22 bln USD SHOOTING TIME: Jan. 26, 2024 DATELINE: Jan. 27, 2024 LENGTH: 0:01:09 LOCATION: HONG KONG, China CATEGORY: ECONOMY SHOTLIST: 1. various of press conference STORYLINE: Hong Kong's Exchange Fund recorded an investment income of 212.7 billion HK dollars (about 27.22 billion U.S. dollars) in 2023, the Hong Kong Monetary Authority (HKMA) said Friday. The main components include gains on bonds of 144 billion HK dollars and gains on other equities of 73.2 billion HK dollars. The Exchange Fund recorded an investment return of 5.2 percent in 2023. Specifically, the Investment Portfolio achieved a rate of return of 6.4 percent. The Backing Portfolio gained 5 percent, a post-2009 record high level of return, as a result of higher interest income on the short-term bonds alongside rising bond yields. The Long-Term Growth Portfolio recorded an annualized internal rate of return of 11.8 percent since its inception in 2009 up to the end o

Investors should consider non-U.S. stocks, including Chinese equities, says U.S. veteran investor

STORY: Investors should consider non-U.S. stocks, including Chinese equities, says U.S. veteran investor SHOOTING TIME: Dec. 18, 2023 DATELINE: Dec. 19, 2023 LENGTH: 00:02:01 LOCATION: NEW YORK, U.S. CATEGORY: ECONOMY SHOTLIST: 1. various of stock exchanges in China 2. SOUNDBITE 1 (English): BRENDAN AHERN, Chief investment officer with Krane Funds Advisors 3. SOUNDBITE 2 (English): BRENDAN AHERN, Chief investment officer with Krane Funds Advisors 4. various of U.S. and China STORYLINE: Investors should consider non-U.S. stocks, including Chinese equities, given such factors as a rebalancing effect in global equity markets, low valuation in Chinese stocks, and resilience in the Chinese economy, according to a senior U.S. strategist. SOUNDBITE 1 (English): BRENDAN AHERN, Chief investment officer with Krane Funds Advisors "One of the potential catalysts for Chinese equities is simply a weaker U.S. dollar. For many foreign investors, if the U.S. dollar does weaken, that will hurt their returns, and so they m

(SP)CHINA-QINGHAI-CYCLING-TOUR OF QINGHAI LAKE (CN)

(SP)CHINA-QINGHAI-CYCLING-TOUR OF QINGHAI LAKE (CN)

(230716) -- WULAN, July 16, 2023 (Xinhua) -- First-placed Timothy Dupont (C) from Belgium's Team Tarteletto-Isorex, second-placed Victor Alejandro Ocampo Giraldo (L) from Colombia's Team Medellin-EPM and third-placed Luke Mudgway from New Zealand's Team Bolton Equities Black Spoke pose on the podium after the stage 8 of the 22nd Tour of Qinghai Lake cycling race from Gonghe to Chaka, northwest China's Qinghai Province, July 16, 2023. (Xinhua/Zhang Long)

(SP)CHINA-QINGHAI-CYCLING-TOUR OF QINGHAI LAKE (CN)

(SP)CHINA-QINGHAI-CYCLING-TOUR OF QINGHAI LAKE (CN)

(230711) -- HUZHU, July 11, 2023 (Xinhua) -- Paul Wright of Bolton Equities Black Spoke of New Zealand competes during the stage 3 of the 22nd Tour of Qinghai Lake cycling race from Guide to Huzhu, northwest China's Qinghai Province, July 11, 2023. (Xinhua/Zhang Long)

Swiss investment manager Vontobel positive on performance of Chinese equities

STORY: Swiss investment manager Vontobel positive on performance of Chinese equities DATELINE: March 27, 2023 LENGTH: 00:01:25 LOCATION: GENEVA, Switzerland CATEGORY: ECONOMY SHOTLIST: 1. various of views of China 2. SOUNDBITE (English): THOMAS SCHAFFNER, Portfolio Manager, Vontobel 3. various of Vontobel STORYLINE: Thomas Schaffner, a portfolio manager at Swiss wealth and asset manager Vontobel told Xinhua that Chinese stocks remain an attractive asset class for international investors and that his firm was positive on China's contribution to global economic growth. SOUNDBITE (English): THOMAS SCHAFFNER, Portfolio Manager, Vontobel "Now this year, we're actually quite convinced that we will see quite a strong economic recovery in China. With the economic recovery, which has started now in Q1 and favorable policies, both on the regulatory and the monetary sides, coupled with relatively low valuations, we believe that actually China should be quite an attractive asset class within EM (emerging markets). Al

Tokyo stocks plunge on weak domestic data, Asian equity tumbles

Tokyo stocks plunge on weak domestic data, Asian equity tumbles

TOKYO, Japan - The signboard of a securities company in Tokyo's Marunouchi district shows the 225-issue Nikkei Stock Average diving 535.35 points to 13,325.94 on Jan. 21. The key Nikkei index nosedived on Japan's sluggish economic data, tumbles in Asian equities and fresh jitters over a global credit crunch.

Nikkei closes 375 points lower, largest fall since mid-August

Nikkei closes 375 points lower, largest fall since mid-August

TOKYO, Japan - An electronic board at a Tokyo securities firm shows the key Nikkei index falling 537.27 points shortly after noon on Oct. 22. The 225-issue Nikkei Stock Average, which lost nearly 300 points Oct. 19, rallied later in the day, closing 375.90 points lower to 16,438.47. It was the Nikkei's biggest one-day fall since it plunged 874.81 points on Aug. 17, when equities fell worldwide on uncertainties about the global financial market.

TSE has no intention to spin off regulatory division

TSE has no intention to spin off regulatory division

TOKYO, Japan - Tokyo Stock Exchange President Takuo Tsurushima tells a press conference on May 17 that TSE has no intention to spin off the division that sets rules for listing applications and equities transactions when the bourse becomes a listed company later in 2005. ''To ensure the credibility of the market, it is inevitable that a market operator exercises self-regulatory functions on its own,'' Tsurushima said.

Tokyo stocks rise on U.S. share gains

Tokyo stocks rise on U.S. share gains

TOKYO, Japan - A stock price board of a securities firm in Tokyo's Yurakucho district on Aug. 19 shows the 225-issue Nikkei Stock Average climbing 185.65 points to end the morning at 10,218.62, topping the 10,200 line on an intraday basis for the first time since July last year. Stocks rose sharply after solid gains in U.S. equities overnight.

TSE has no intention to spin off regulatory division

TSE has no intention to spin off regulatory division

TOKYO, Japan - Tokyo Stock Exchange President Takuo Tsurushima tells a press conference on May 17 that TSS has no intention to spin off the division that sets rules for listing applications and equities transactions when the bourse becomes a listed company later in 2005. ''To ensure the credibility of the market, it is inevitable that a market operator exercises self-regulatory functions on its own,'' Tsurushima said. (Kyodo)

Nikkei closes 375 points lower, largest fall since mid-August

Nikkei closes 375 points lower, largest fall since mid-August

TOKYO, Japan - An electronic board at a Tokyo securities firm shows the key Nikkei index falling 537.27 points shortly after noon on Oct. 22. The 225-issue Nikkei Stock Average, which lost nearly 300 points Oct. 19, rallied later in the day, closing 375.90 points lower to 16,438.47. It was the Nikkei's biggest one-day fall since it plunged 874.81 points on Aug. 17, when equities fell worldwide on uncertainties about the global financial market. (Kyodo)

Tokyo stocks plunge on weak domestic data, Asian equity tumbles

Tokyo stocks plunge on weak domestic data, Asian equity tumbles

TOKYO, Japan - The signboard of a securities company in Tokyo's Marunouchi district shows the 225-issue Nikkei Stock Average diving 535.35 points to 13,325.94 on Jan. 21. The key Nikkei index nosedived on Japan's sluggish economic data, tumbles in Asian equities and fresh jitters over a global credit crunch. (Kyodo)

PLAYING BY HEART (US/UK 1998) HYPERION PICTURES/INTERMEDIA F

PLAYING BY HEART (US/UK 1998) HYPERION PICTURES/INTERMEDIA F

PLAYING BY HEART HYPERION PICTURES/INTERMEDIA FILM EQUITIES/MIRAMAX FILMS/MORPHEUS ANGELINA JOLIE/RYAN PHILLIPPE Picture from the Ronald Gant Archive Date: 1998

PLAYING BY HEART (US/UK 1998) HYPERION PICTURES/INTERMEDIA F

PLAYING BY HEART (US/UK 1998) HYPERION PICTURES/INTERMEDIA F

PLAYING BY HEART HYPERION PICTURES/INTERMEDIA FILM EQUITIES/MIRAMAX FILMS/MORPHEUS ANTHONY EDWARDS/MADELEINE STOWE Picture from the Ronald Gant Archive Date: 1998

PLAYING BY HEART (US/UK 1998) HYPERION PICTURES/INTERMEDIA F

PLAYING BY HEART (US/UK 1998) HYPERION PICTURES/INTERMEDIA F

PLAYING BY HEART HYPERION PICTURES/INTERMEDIA FILM EQUITIES/MIRAMAX FILMS/MORPHEUS ANGELINA JOLIE, RYAN PHILLIPPE Picture from the Ronald Gant Archive Date: 1998

PLAYING BY HEART (US/UK 1998) HYPERION PICTURES/INTERMEDIA F

PLAYING BY HEART (US/UK 1998) HYPERION PICTURES/INTERMEDIA F

PLAYING BY HEART HYPERION PICTURES/INTERMEDIA FILM EQUITIES/MIRAMAX FILMS/MORPHEUS MADELEINE STOWE Picture from the Ronald Gant Archive Date: 1998

PLAYING BY HEART (US/UK 1998) HYPERION PICTURES/INTERMEDIA F

PLAYING BY HEART (US/UK 1998) HYPERION PICTURES/INTERMEDIA F

PLAYING BY HEART HYPERION PICTURES/INTERMEDIA FILM EQUITIES/MIRAMAX FILMS/MORPHEUS ANGELINA JOLIE/SEAN CONNERY/GENA ROWLANDS Picture from the Ronald Gant Archive Date: 1998

PLAYING BY HEART (US/UK 1998) HYPERION PICTURES/INTERMEDIA F

PLAYING BY HEART (US/UK 1998) HYPERION PICTURES/INTERMEDIA F

PLAYING BY HEART HYPERION PICTURES/INTERMEDIA FILM EQUITIES/MIRAMAX FILMS/MORPHEUS DENNIS QUAID Picture from the Ronald Gant Archive Date: 1998

PLAYING BY HEART (US/UK 1998) HYPERION PICTURES/INTERMEDIA F

PLAYING BY HEART (US/UK 1998) HYPERION PICTURES/INTERMEDIA F

PLAYING BY HEART HYPERION PICTURES/INTERMEDIA FILM EQUITIES/MIRAMAX FILMS/MORPHEUS GILLIAN ANDERSON Picture from the Ronald Gant Archive Date: 1998

PLAYING BY HEART (US/UK 1998) HYPERION PICTURES/INTERMEDIA F

PLAYING BY HEART (US/UK 1998) HYPERION PICTURES/INTERMEDIA F

PLAYING BY HEART HYPERION PICTURES/INTERMEDIA FILM EQUITIES/MIRAMAX FILMS/MORPHEUS SEAN CONNERY/DENNIS QUAID/GENA ROWLANDS Picture from the Ronald Gant Archive Date: 1998

K-PAX (US/GER 2001) IMF INTERNATIONALE MEDIEN & FILM GmbH/IN

K-PAX (US/GER 2001) IMF INTERNATIONALE MEDIEN & FILM GmbH/IN

K-PAX IMF INTERNATIONALE MEDIEN & FILM GmbH/INTERMEDIA FILM EQUITIES/LAWRENCE GORDON PROD/PATHE PICTURES KEVIN SPACEY Date: 2001

Global economic growth fears roil Japan's financial markets

Global economic growth fears roil Japan's financial markets

A woman walks in front of an electronic board at a securities company in Tokyo showing both the key Nikkei stock index and the yield on the 10-year Japanese government bond plunging on Feb. 9, 2016, as fears of a global recession saw investors dump equities and buy up safe-haven assets. (Kyodo) ==Kyodo

Tokyo stocks down over 5% on global equity sell-off

Tokyo stocks down over 5% on global equity sell-off

A financial data screen in Tokyo shows the Nikkei Stock Average's loss of more than 900 points on Feb. 9, 2016. The Nikkei ended the day's trading down 918.86, or 5.40 percent, after U.S. and European equities sank overnight. (Kyodo) ==Kyodo

Tokyo stocks tumble on global economic concerns, overseas equities

Tokyo stocks tumble on global economic concerns, overseas equities

An electronic board at a securities company in central Tokyo shows the key Nikkei Stock Average at the Tokyo Stock Exchange plunging 474.68 points to close at 17,240.95 on Jan. 14, 2016. (Kyodo) ==Kyodo

Tokyo stocks rise on U.S. share gains

Tokyo stocks rise on U.S. share gains

TOKYO, Japan - A stock price board of a securities firm in Tokyo's Yurakucho district on Aug. 19 shows the 225-issue Nikkei Stock Average climbing 185.65 points to end the morning at 10,218.62, topping the 10,200 line on an intraday basis for the first time since July last year. Stocks rose sharply after solid gains in U.S. equities overnight. (Kyodo)