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Wayne State University
Detroit, MI ,United States of America
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Can Rrj Capital Repeat Its Midas Touch With Lai Sun Development? | South China Morning Post
Posted on: Aug. 29, 2017, 10:11 a.m.
Richard Ong, chairman of Asian-based private equity fund RRJ Capital, sees himself as the man with the Midas touch. Now he wants to repeat his success with Hong Kong property developer Lai Sun Development. The former Goldman Sachs banker has made huge gains from two Hong Kong-listed mainland property stocks â CIFI Holdings and Logan Property Holding. In October 2013, RRJ invested in CIFI, which primarily invests in Shanghai, with an entry price of HK$1.52. The stock closed down 0.7 … Full investment news article
Relevent to this post: RRJ Capital
Public School and Education Employee Retirement Systems of Missouri,
Yuan’s Growing Influence Seen As Factor Keeping Hong Kong Dollar Weak | South China Morning Post
Posted on: Aug. 29, 2017, 10:11 a.m.
The yuan’s growing influence in Hong Kong’s economy is bringing a sea change to the city’s interbank market, with one outcome being the recent accelerated weakening of the Hong Kong dollar that is likely to complicate efforts to defend the currency peg. A recovery in yuan this year saw heavy investments in stocks that make up the Hang Seng Index and Hang Seng China Enterprises Index, which increased liquidity in the economy and anchored the city’s interbank rates at... Full investment news article
Relevent to this post: Hong Kong Monetary Authority
ATM Capital Partners,