Vietnam 

Market to fluctuate in the week ahead – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    Investors monitor shares movement at the Bảo Việt Securities Co. VNA/VNS Photo Trần Việt   HÀ NỘI The market is expected to experience ups and downs within a narrow band during the coming week. Cautious sentiment will dominate the market as investors wait for information about the restructuring of exchange-traded funds and the Fed’s meeting.   The benchmark VN-Index on the Ho Chi Minh Stock Exchange rose 0.37 per cent on Friday to close the week at 953.61 points. The index lost a total of 0.49 per cent last week. On the Ha Noi Stock…

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Logistics developer ESR Cayman scrubs Hong Kong IPO amid ‘market uncertainties’

Logistics real estate developer ESR Cayman said on Thursday it would postpone its proposal to list on the Hong Kong stock exchange, becoming the latest company to scale back plans amid escalating tensions related to the city’s controversial extradition bill and the trade battle between the world’s two biggest economies.“In light of the current market conditions, the company, having consulted the joint global coordinators, has decided that the global offering will not proceed at this time,”… Source link

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Will stock picking managers help deliver US$85 billion to China’s A-share market?

As global indices compiler MSCI increases the weightage of Chinese A shares in its gauges, it remains to be seen if stock picking managers, who last month pulled record levels of capital out of China’s domestic stock market through the stock connects, will bolster their positions and increase there exposure.Investment banks have forecast that as much as 80 per cent of a potential US$70-$85 billion in net inflows into A shares this year, on the back of the increase in MSCI weightage, could come… Source link

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Vietnam 

Lack of positive news hits market – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    Customers at a Mobile World store in HCM City. The company’s stock is among some large-caps which maintained the rally yesterday. Photo doanhnhanduongthoi.vn   HÀ NỘI — Vietnamese shares tumbled on Tuesday as a lack of supportive business information dampened investor confidence in the market’s short-term growth potential. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange dropped 0.09 per cent to close at 962.07 points. Liquidity remained low with nearly 136.4 million shares traded on the bourse, worth VNĐ3.2 trillion (US$136 million). On the southern exchange, 140 stocks…

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Dubai offers long-term residence, retirement visas to lure wealthy Chinese to boost slumping property market

Dubai has set its sights on wealthy foreign investors, including the Chinese, by offering sweeteners such as long-term residence visas and retirement options, amid a slump in property prices. Dubai, the second largest city in the United Arab Emirates, recently approved visas valid for between five and 10 years. Visas for expat workers and professionals are usually valid for up to three years. Likewise, the UAE announced last year that it was planning to issue five-year retirement visas to non… Source link

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Outlook for Tokyo’s property market positive as it continues to benefit from investments ahead of the 2020 Olympics

Tokyo, the world’s largest metropolitan city, is one of the most interesting commercial real estate markets, despite being arguably one of the most difficult to transact.The positive drivers underlining core investment interests remain: real estate fundamentals, as well as robust capital market sentiment and financial conditions. The city will continue to benefit from the boost to domestic demand in the run up to the 2020 Olympics and associated infrastructure investment and in turn,… Source link

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China’s securities watchdog to ‘ensure the country’s capital market sound and solid’

China’s securities watchdog is tightening regulatory oversight of trading in Shanghai and Shenzhen, clearing the backlog of suspended companies and launching new products as foreign investors show growing interest in the country’s capital market, once derided as a casino amid runaway investment and insider trading.The move is aimed to ensure a sound capital market to drive economic growth, according to Li Chao, a vice-chairman of the China Securities Regulatory Commission.Speaking at a forum in… Source link

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Beijing likely to loosen its grip on the housing market as exports cool, analysts say

Beijing may begin to unwind restrictions designed to keep property prices in check as it battles to prop up economic momentum amid the escalating trade war, according to experts.The property sector and related industries, which account for more than 25 per cent of China’s gross domestic product according to CLSA, could be used to help offset the deteriorating trade outlook. The policy approach may be winning hearts and minds in Beijing as data showed exports contracted 2.7 per cent in April… Source link

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Traders pig out on China pork stocks as deadly African swine fever roils world’s biggest pig market

Traders in China pork-breeding stocks have been feeling mighty piggy, fattening up their portfolios amid an outbreak of deadly African swine fever.Shares of Muyuan Foodstuff and Jiangxi Zhengbang Technology have shot up to record levels, at least doubling over the past year.Traders are betting the pig disease that has rapidly swept through China will continue to disrupt supply and keep boosting the share prices of breeders.Brokerages from Shenwan Hongyuan Group to Citic Securities predict pork… Source link

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Foreign start-ups eye China’s vast digital health care market, but finding the right revenue model holds the key to success

Digital therapeutics and smart medical management, an emerging field in the health care industry, is attracting some foreign companies to China, which has the potential to improve the lives of people living with chronic conditions and reduce their medical bills.“In China, digital technology will play a massive role in patient outcomes and health care costs,” said Celina Chew, German life science company Bayer’s president for Greater China.While China’s market potential is huge in chronic… Source link

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