China is expected to launch its first mutual fund to invest in the mainland's "socially responsible" listed companies next Friday.
Qualified domestic institutional investor (QDII) funds are fluctuating after plummeting at the end of last year, but analysts said more geographic and portfolio diversity is needed.
Gold and fuel oil futures surged to record highs in Shanghai yesterday on anticipation of more US dollar depreciation triggered by today's expected US interest rate cut.
Any other top boss of a domestic cargo carrier might have felt relieved after last year's air cargo volume topped the previous year's, but not Li Jiaxiang.
The US subprime crisis is a nightmare for many international financial institutions. But for Barclays, the UK's third largest bank, it also represents a good opportunity for an industry reshuffle.
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Raymond Zhou
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