Summer Zhen
- Indexed articles, last 90 days
- 8
- Latest publication
- Sep 15, 2026
- Outlet visibility, for yahoo.com
- Top 1K sites
- Earliest in this view
- Jul 15, 2026
Latest articles
Pictet's global multi-asset fund triples to $5b on China demand (opens the original)
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A global multi-asset fund managed by Swiss asset manager Pictet has seen its size tripling to more than $5billion this year, helped by Chinese investors’ rush into overseas assets, including alternatives and products offering exposure to AI supply chains. The growth comes after Beijing tightened scrutiny of offshore investing through unlicensed brokerage accounts earlier this year, bolstering demand for foreign funds sold via legal, cross-border channels. The Hong Kong-domiciled Pictet Strategic
Susquehanna targets Hong Kong expansion to tap Chinese ETF boom (opens the original)
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Susquehanna International Group plans to triple its office space in Hong Kong to support a major hiring push, foursources said, as the U.S. trading firm expands Asia operations and seeks deeper access to China’s exchange-traded fund (ETF) market. The Philadelphia-based group has been actively looking for new office space in the Asian financial hub over the past few weeks, said the four sources familiar with the matter but who requested anonymity as the plans are confidential. One potential optio
China tax crackdown forces wealthy investors to assess their offshore trusts (opens the original)
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(Corrects Aug 20 story in paragraph 5 to remove erroneous reference to Julius Baer) By Summer Zhen, Selena Li and Xinghui Kok HONG KONG/SINGAPORE, Aug 20 (Reuters) - A growing campaign to tax offshore wealth is forcing wealthy Chinese people to rethink their trust structures and investment holdings, lawyers and advisers say, as Beijing sharpens its focus on capital outflows and rule enforcement amid growing fiscal strains. In late July, authorities overhauled rules to impose a 20% income tax on
SG to offer tax breaks for funds sector including single-family offices (opens the original)
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Singapore will introduce tax exemptions on profits earned by fund managers and make it easier for investment professionals to obtain visas as it seeks to head off growing competition in the asset management sector, the central bank said on Wednesday. The Monetary Authority of Singapore and the finance ministry plan to exempt from tax, investment profits earned by fund managers from managing certain funds, including those of single-family offices. More details will be announced in the 2027 budget
Slowing growth tests investor appetite ahead of Shein's Hong Kong IPO (opens the original)
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Even after cutting its expected IPO valuation to $30 billion to $40 billion from a near $100 billion private market peak, Shein faces questions over whether slowing growth, rising costs and changing market conditions justify that price tag. Five investors who attended presentations or reviewed recent financial statements ahead of a Hong Kong offering expected to launch as early as August 19 said they were not convinced fast-fashion retailer Shein could return to the growth rates that valued it a
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