China Posts
Anthony Bolton Extends Hong Kong Stay In Bid To Reverse Losses
Anthony Bolton, the Fidelity fund manager whose controversial £600m China fund has lost more than 20% of its value since launch, is to extend his time in Hong Kong in a bid to reverse the losses suffered by nearly 100,000 British small investors in his trust.
Rome Wasn't Built In A Day ....
But this 30-story state of the art hotel was built in just 15 days in China!!
Nervous Banks Deposit Record €412bn With ECB
Banks deposited a record €412bn (£343bn) with the European Central Bank overnight on Monday, a sum close to the 'wall of money' it pumped into Europe's banking system a week ago in an attempt to head off a second credit crunch.
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IMF Warns That World Risks Sliding Into A 1930s-Style Slump
The world risks sliding into a 1930s-style slump unless countries settle their differences and work together to tackle Europe's deepening debt crisis, the head of the International Monetary Fund has warned.
China Investment Fund Has Truly Put Anthony Bolton In A Special Situation
Fidelity's Anthony Bolton, even when he was riding high as the UK's best professional investor, had some lousy years – like the 29% plunge in his UK Special Situations Fund in 1990. Such upsets were quickly forgotten when normal out-performance was restored. Over 28 years, the annualised growth in Bolton's UK fund was 19.5%, which is like doubling your money every 3.7 years. Bolton made a lot of retail investors rich, which is why Fidelity had no difficulty in finding subscribers for his Chinese adventure.
Moelis & Co Opens Beijing Office As Part Of Firm’s Expansion Into China
Moelis & Co has announced its expansion into China with the opening of a subsidiary in Beijing.
Short Long-Haul Trips
Need to economise on your holidays? Here are 10 far-flung trips that can be done in fewer than 10 days.
HSBC 'Must Be Sorely Tempted' To Make Hong Kong Its HQ
The head of UK fund management group Schroders has stoked fears HSBC could shift its headquarters from London to Hong Kong to escape wide-ranging banking reforms unveiled on Monday.
Unauthorized Apple Resellers Fake Entire Stores in China
Bloomberg's Margaret Conley reports from Kunming, China, in the southwestern province of Yunnan, about unauthorized Apple Inc. stores in the city.
Nomura Names Chief Economist China
Hong Kong - Nomura has hired Zhiwei Zhang to the position of Chief Economist China as the firm strengthens its research platform for this key market.
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