2016
07-22
Back
to List
Tencent Finance: Hedge funds flocked to Hong Kong
Back
to List

The Hong Kong Government has been devoted to making Hong Kong the center of asset management in Asia for the past few years. Through preferential tax, legal and other policies, the Government intends to appeal more investors to expand their businesses in Hong Kong. There is a substantial increase of the quantity of the hedge funds in Hong Kong. The statistical data shows that the number of the hedge funds managed by Hong Kong has increased from 676 to 778 from year 2012 to September 2014, increased by 38.8%. Up to the end of September 2014, Hong Kong's hedge fund AUM reached 120.9 billion dollars, among which the European and American investors are accounted to 61.5%. Such AUM only was 9.1 billion dollars back in 2004.

 

“Lots of institutions and individual investors choose Hong Kong to set up their funds, mainly because they have intentions to use Hong Kong as a transfer station, and expand their business globally, especially towards Mainland China. After all, Hong Kong and Mainland China share similar languages and cultural.” Said by Wei Li, the Executive Vice President of OP Investment Management Ltd.

 

Li admitted that Mainland China has been limiting the capital outflows this year, which brings obstacles for those funds to come to Hong Kong. Such restrictions may force the hedge fund managers to raise funds from the investors in Hong Kong or overseas instead of Mainland China. Li believes that such phenomenon may not last long. In the long run, China is in the trends of overseas M&A and global asset management. These trends are bound to bring more investment opportunities, which appeal increasing hedge funds flocked to Hong Kong.

 

None

 

View the article (Chinese ONLY)
We use cookies to improve the website performance and user experience. If you continue to use this website, you are agreeing to their uses. Learn more about our Policy Disclosure.
DONE

 

Terms of Use and Disclaimers

Important

 

OP Investment Management Limited (“OPIM”) is a regulated institution in Hong Kong by the Securities and Futures Commission (“SFC”).

 

This website contains information about OPIM and may reference services and products offered by OPIM.

 

By proceeding, you are representing that you have understood and accept the restrictions set out in this section.

 

The website is prepared by OPIM and has not been reviewed by the SFC.

 

 

Legal and sales restrictions

 

The contents of this site are intended for Professional Investors’ use only. “Professional Investor” has the meaning ascribed to it in the Securities and Futures Ordinance (Cap 571) (“SFO”) and its subsidiary legislation. If you are not a “Professional Investor”, you shall not accept these Terms of Use and Disclaimers.

 

The contents of this site are not intended for distribution to any person in any jurisdiction where (by reason of that person’s nationality, residence or otherwise) OPIM or its affiliates would be subject to license or registration requirements of that jurisdiction, or the publication or availability of the contents is prohibited.

 

You are responsible for observing all applicable laws and regulations of the relevant jurisdictions before proceeding to access the information contained herein. All information on this Website is solely prepared for communications with persons which are authorized to receive such information under applicable laws.



No Offer

 

This site is for informational purposes only. Neither the information nor any opinions contained in this site constitutes a solicitation or offer by OPIM or any of its affiliates to buy or sell, whether as principal or agent, any securities, futures, options or other financial instruments or provide any related service or investment advice in any jurisdiction or country where such distribution or use would be contrary to local laws or regulations. The information contained in these pages is not intended as any investment advice. Persons accessing these pages should obtain appropriate professional advice when necessary.

 

 

No Warranty

 

Although the information on this site is obtained or compiled from sources believed to be reliable, OPIM cannot and does not warrant the accuracy, validity, reliability, timeliness or completeness of any such information.

 

OPIM expressly disclaims any warranties of merchantability or fitness of a particular purpose or duties of care. All information on this site is provided "as is", and is subject to change without prior notice.

 

 

Limitation of Liability

 

In no event will OPIM or its affiliates be liable or have any responsibility for damages of any kind, whether direct, indirect, special, consequential or incidental, resulting from access or use of, or inability to access or use, this site or any sites or pages linked to this site, including (without limitation) damages resulting from the act or omission of any third party, even if OPIM or its affiliates has been advised of the possibility thereof. OPIM and its affiliates assume no responsibility for ensuring that the functioning of this site will be uninterrupted or error-free.

 

 

Use of Links

 

Should the viewer leave this site via a link contained herein, and view content that is not provided by OPIM, the viewer does so at its own risk. OPIM is not responsible for damages or losses caused by any delays, defects or omissions that may exist in the services, information or other content provided in such site, whether actual, alleged, consequential or punitive. OPIM makes no guarantees or representations as to, and shall have no liability for, any electronic content delivered by any third party or have any responsibility, including without limitation, the accuracy, subject matter, quality or timeliness of any electronic content.

 

 

Copyright and Trademarks

 

OPIM and other parties own the trademarks and logos displayed on this site. These may not be used without the written permission of OPIM or the party owning these. Also, the information on this site are protected by copyright and no part of it may be copied, transmitted, disseminated, sold, distributed, published, broadcasted, circulated, stored for subsequent use or commercially exploited in any manner without the prior written consent of OPIM.

 

 

Internet Security

 

OPIM does not represent or warrant that no viruses or other contaminating or destructive properties will be transmitted or that no damage will occur to your computer system. You hereby acknowledge and confirm that the internet is not a secure medium where privacy can be ensured, and that complete security and confidentiality over the internet is not possible at this time.

 

You have sole responsibility for adequate protection and back up of data and/or equipment and for undertaking reasonable and appropriate precautions to scan for computer viruses or other destructive properties.

 

OPIM shall not be responsible or liable for any harm that you may suffer in connection with any such breach of confidentiality or security.

 

OPIM also makes no representations or warranties regarding the accuracy, functionality or performance of any third party software that may be used in connection with this site.

  

 

Amendment

 

The information contained on this site is subject to modification and update from time to time without notice.

 

 

Additional Terms

 

Certain sections or pages on this site may contain separate terms and conditions which are in addition to these terms and conditions. In the event of a conflict, the additional terms and conditions will govern for those sections or pages.

 

 

Governing Law

 

Use of this site shall be governed by the laws of Hong Kong Special Administrative Region.

 

 

DECLINE ACCEPT