Singapore's largest ETFs to be excluded from China connect scheme
January 20, 2022--Focus will initially be on equities ETFs, rather than the popular Asia high yield and Reit products.
The 2 bourses signed a memorandum of understanding in December to develop an ETF connection permitting traders in Singapore and China to entry feeder ETFs listed regionally on every change.
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Source: ft.com
China cuts interest rates as economic growth slows
January 17, 2022--China has unexpectedly cut a key interest rate for the first time in almost two years as official figures showed its economic growth had slowed.
Gross domestic product (GDP) grew by 4% for the last three months of 2021 from a year earlier, the National Bureau of Statistics said.
That was better than most economists had predicted but was a lot slower than the previous quarter.
In another sign of weakness retail sales growth for December fell to 1.7%.
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Source: bbc.com
OECD-Trends in ESG Investing and Quality Infrastructure Investment in Asia-Pacific
January 14, 2021--In recent years, Environmental, Social, and Governance (ESG) investing has evolved to become a leading investment approach for investors seeking to pursue forms of sustainable finance and the Asia-Pacific region is no exception.
This report examines the implementation of ESG trends in financial markets throughout the Asia-Pacific region.
It looks at effective approaches and challenges and provides key insights on ESG disclosure and data indicators. The report then examines how ESG risks are being applied for infrastructure investment and how the application of ESG considerations could be advanced when investing in infrastructure in the Asia-Pacific region.
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Source: OECD
Vietnam's economic growth is expected to accelerate to 5.5% in 2022 and greening its trade would offer new opportunities: World Bank
January 13, 2022--Vietnam's economic recovery is likely to accelerate in 2022 as GDP growth is expected to rise to 5.5% from 2.6% in the year just ended, the World Bank's economic update for Vietnam Taking Stock says.
Assuming the COVID-19 pandemic will be brought under control at home and abroad, the forecast envisions that Vietnam's services sector will gradually recover as consumer and investor confidence firms, while the manufacturing sector benefits from steady demand from the United States, the European Union, and China.
The fiscal deficit and debt are expected to remain sustainable, with the debt-to-GDP ratio projected at 58.8 percent, well below the statutory limit.
The outlook. however. is subject to serious downside risks. particularly the unknown course of the pandemic.
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Source: worldbank.org
World Bank-Rebalancing Act: China's 2022 Outlook
January 12, 2022--After a strong rebound last year, the world economy is entering a challenging 2022. The advanced economies have recovered rapidly thanks to big stimulus packages and rapid progress with vaccination, but many developing countries continue to struggle.
The spread of new variants amid large inequalities in vaccination rates, elevated food and commodity prices, volatile asset markets, the prospect of policy tightening in the United States and other advanced economies, and continued geopolitical tensions provide a challenging backdrop for developing countries, as the World Bank's Global Economic Prospects report published today highlights.
The global context will also weigh on China's outlook in 2022, by dampening export performance, a key growth driver last year. Following a strong 8 percent cyclical rebound in 2021, the World Bank expects growth in China to slow to 5.1 percent in 2022, closer to its potential- the sustainable growth rate of output at full capacity.< href="https://www.worldbank.org/en/news/opinion/2022/01/12/rebalancing-act-china-s-2022-outlook" TARGET="_blank">view more
Source: worldbank.org
OECD-Financial Market Developments and Conditions in Asia
January 11, 2022-- This report examines global financial market conditions with a focus on Asian markets. It assesses the implications for financial market conditions of rising inflation and prospects of exit from highly accommodative monetary policies.
It also discusses important downside risks and vulnerabilities in the financial system amid strained conditions in certain Asian market segments, by focusing alternatively on non-investment grade corporates, the real estate finance sector, the banking sector, the sovereign sector in emerging Asian economies and the rising importance of alternative finance markets, such as crypto-assets and sustainable finance, including to assess risk implications.
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Source: OECD
Asia-Pacific Investors Take Passive Route to Sustainability
January 4,2022--ESG ETFs in the region are growing not just in number,but in assets and flows
Environmental,social,and governance (ESG) exchange-traded funds (ETFs) comprise merely 4% of overall ETF assets in the Asia Pacific,but they are gaining attention from investors who are looking to use the passive approach to sustainable investing. In 2020,25 new ESG ETFs were launched in the region,and 31 more were listed in the first half of 2021.
More than US$2 billion flowed into ESG ETFs in the region each year in 2020 and 2019,a jump from just US$159.8 million in 2016. Net flows in the first half of 2021 exceeded US$1.7 billion.
Assets under management (AUM) in ESG ETFs domiciled in the Asia Pacific soared by 167.7% in 2019 and 108.5% in 2020. By the end of June 2021,AUM grew further,by 33.2%. Australia,China,and Taiwan together accounted for 86.8% of total ESG ETF assets in the region in 2020. Asia-Pacific Investors Take Passive Route to Sustainability
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Source: cerulli.com
HKEX Megatrend Whitepaper Transformative Forces in ETF Investment
December 30, 2021--Megatrends at a glance
From climate change to the rise of developing nations, new trends are transforming our world faster than ever. The forces driving these long-term changes, known as 'megatrends', are impacting every aspect of our lives while transforming the investment landscape. Unlike short-term cyclical trends, megatrends evolve over longer time horizons, and their impact on our lives could take years or decades to fully materialise.
The four widely recognised megatrends of the 21st century are rapid urbanisation, rising economic wealth, climate change and demographic shifts.A common thread that runs through these four megatrends is technological innovation, especially in the areas of artificial intelligence (AI), big data, electric vehicles and robotics, to name a few. The advent of technological innovation is often motivated by a need to understand and combat broader challenges- and a single technological breakthrough can be the solution to multiple problems
Shenzhen Stock Exchange inked MOU with Singapore Exchange on SZSE-SGX ETF Product Link China-Singapore Capital Market Cooperation Further Deepened view more The Indian economy is growing fast, but problems loom view more If you are looking for a particuliar article and can not find it, please feel free to contact us
Source: hkex.com.hk/etp
December 28, 2021--Recently, the Shenzhen Stock Exchange (SZSE) and the Singapore Exchange (SGX) remotely signed the Memorandum of Understanding (MOU) on SZSE-SGX exchange-traded fund (ETF) Product Link. Ms. Sha Yan, President & CEO of SZSE, and Mr. Loh Boon Chye, Chief Executive Officer of SGX, signed the memorandum on behalf of the two exchanges.
SZSE and SGX have maintained a long-term good relationship, with close cooperation highlighted by high-level visits, personnel exchanges, and information sharing. The signing of the MOU is an important measure to implement the consensus of the CSRC-MAS Supervisory Roundtable. It will further deepen China-Singapore capital market product cooperation and accumulate experience for cross-border product connectivity enhancement. According to the MOU, the two exchanges will deepen cooperation in promoting SZSE-SGX ETF Product Link, well prepare for launching products, and support the joint development of ETF products by Chinese and Singaporean market institutions, so as to provide diversified cross-border investment options for investors from both countries.
Source: szse.cn
December 28, 2021--In 2022, India will have to deal with ongoing inflation of fuel, food prices as well as rising urban unemployment
.Baldev Kumar threw his head back and laughed at the mention of India's resurgent GDP growth. The country's economy clocked an 8.4-percent uptick between July and September compared with the same period last year. India's Home Minister Amit Shah has boasted that the country might emerge as the world's fastest-growing economy in 2022.
Kumar could not care less.
As far as he was concerned, the crumpled receipt in his hand told a different story: The tomatoes, onions and okra he had just bought cost nearly twice as much as they did in early November.
Source: aljazeera.com