By Summer ZhenHONG KONG (Reuters) -Polymer Capital Management, a Hong Kong-headquartered hedge fund, is launching two Japan-focused funds this year to tap into the robust demand for the world’s third-largest stock market, according to three people familiar with the matter.The move will see the $4 billion multi-manager Asian hedge fund heavyweight joining a wave of fund launches in Japan.One of P ...
Investing.com-- Alibaba’s (NYSE:BABA) Hong Kong shares rose sharply on Tuesday amid increasing optimism over the e-commerce giant’s AI prospects, with a report suggesting that it had shifted internal priorities further towards the technology. Alibaba was also caught up in a wave of buying into Chinese shares, with the company expected to benefit greatly from increased stimulus meas ...
Investing.com-- Chinese authorities are scrutinizing a recent deal by Hong Kong conglomerate CK Hutchison Holdings Ltd (HK:0001) to sell its overseas port business to a consortium led by BlackRock Inc (NYSE:BLK), Bloomberg reported on Tuesday, with Beijing unhappy over the divestiture of holdings in Panama. Several Chinese agencies, including the State Administration of Market Regulation, hav ...
TOKYO (Reuters) - Japanese automaker Mazda Motor (OTC:MZDAY) said on Tuesday it will keep investments in its electrification efforts in check by making use of partnerships and its existing manufacturing plants after inflation threatened to push up costs.The automaker said it expects to keep its investment at around 1.5 trillion yen ($10.02 billion) for the period up to 2030 through its efforts, ju ...