The Springs China Opportunities Fund, run by former Harvest Fund Management Co employees, is beating China's benchmark stock index by picking stocks that are overlooked by other funds and investment bank analysts.
China's securities regulator may allow a second batch of securities brokerages to conduct margin trading and short selling business at the beginning of May, the China Securities Journal reported Monday, citing unnamed sources.
Copper shares may extend gains in the next two weeks as publicly-listed copper producers released their first quarterly reports on expectations of increased profits amid a copper price rally.
The rampant rise in housing prices in China's major cities sharply contrasts with the share prices of listed developers.
China's first-ever stock-index futures rose on their debut on Friday against the fall of the main stock index, indicating investors' warm welcome for the new trading tool.
Stock Index Futures Launch in China
FACTBOX-China's first stock index futures contracts
Hong Kong stocks closed down 292.56 points, or 1.32 percent, at 21,865.26 on Friday.
The ChiNext stock market was up Friday as 56 of the 66 stocks at China's start-up board for small and medium-sized enterprises rose.
Chinese equities close lower Friday as the government extends further efforts to cool the overheating property market, which dragged down financial and real estate heavyweights.
China's stock-index futures will allow investors to hedge risks from potential asset bubbles and make equities cheaper in the long-term, according to Macquarie Group Ltd, Australia's largest investment bank.
Asian currencies and Chinese airlines will likely rally once the yuan resumes its appreciation, said Mirae Asset Global Investments (HK) Ltd, a unit of the group that owns South Korea's biggest asset manager.
The Shanghai-based China Financial Futures Exchange will launch the country's first stock index futures on April 16.