Citic Securities approved to divest China AMC stake

Permission to sell 51% should see China AMC comply with regulatory requirements on ownership. The firm is expected to rebound once its ban on new product launches is lifted.


Quick Poll

How will you alter your portfolio after the US election result?





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Underweight US
  18%
 
Overweight US
  34%
 
Underweight EMs
  10%
 
Raise cash levels
  26%
 
No change
  12%
TOTAL VOTES: 77
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November 2016 Magazine
AsianInvestor Magazine