ETFs tracking technology themes received the largest share of fund flows over 2021, as China takes third place in thematic fund market size behind Europe and the US.
Taiwanese equity technology funds draw new capital for the seventh quarter as investors turn selective on fixed income funds.
It's been a tough year for China's tech sector as it wrangles with punitive central government policies, but asset managers are scenting a fire sale in what they see as underpriced stocks.
The stock’s promising performance stands in sharp contrast to the less fortunate fates of other Chinese companies that have been affected by government clampdowns.
Experts believe the great China correction and sell-off may last longer, but it will start shifting focus to less regulatory-affected sectors.
Inflation, fluctuating interest rates, Covid-19 shutdowns, and sporadic reopenings have led to bouts of volatility in the market, with tech stocks bearing the brunt of the selling over the last month.
With social equality and national security being the main drivers for further regulations, investors are keeping a wary eye on the next possible targets.
China’s tightening of fintech regulations has dealt a blow to companies such as Alibaba and Tencent. With a slew of IPOs coming in Hong Kong, investors assess tech stock valuations.
The pandemic has spurred an uptick in the adoption of technology, but for some private equity managers and investors implementing the change has not been easy.
The private equity firm and sovereign wealth fund took advantage of strong bond markets to raise funds to pay themselves a special dividend in an Indian outsourcing company.
Some investors feel China's technology sector has been overfunded and that even some unicorns – private companies worth $1 billion-plus – will die off.
Institutional-grade capital must be properly incentivised to participate in the Hong Kong government’s new HK$2 billion tech fund, says Denis Tse of the HKVCA.