Winter redemptions hit record year for HK
Funds in Hong Kong saw $1.1 billion in outflows in December as nervous investors pulled money, but the city still recorded its highest-ever retail sales over the course of last year.

Hong Kong retail funds suffered $1.1 billion in outflows last December, driven by large redemptions that were attributed to investors nervous of global uncertainties.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to AsianInvestor
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
¬ Haymarket Media Limited. All rights reserved.