China's Springs To Open Research, Trading Office In Hong Kong

Jul 25 2011 | 2:04pm ET

Western hedge funds aren't the only ones racing to set up shop in Hong Kong.

China's own Springs Capital is poised to open trading desks in the special administrative region and hopes to hire two analysts to cover Hong Kong-listed Chinese companies, Reuters reports. The move comes as Beijing-based Springs, which has about US$700 million in assets under management, hopes to attract more offshore investors, managing director Jenny Tian said.

Tian said that Springs' US$69 million China-focused offshore long/short fund has grown by 15% this year and that the firm hopes to increase its assets to US$100 million over the next year.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...