Qatari investment bank QInvest said on Tuesday it is setting up a $200 million fund with Fortis Bank Nederland to buy shipping assets, taking advantage of falling prices in the maritime sector.
Baring Asset Management Ltd, a global investment management firm, recently cut its H-share holding in China Shipping Development Co Ltd<600026><1138> to 5.98% from the previous 6.16%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.HKEx said that Baring Asset sold 2.31...
Halbis Capital Management (Hong Kong) Ltd, a unit of HSBC Global Asset Management, has raised its shareholding in China Shipping Development Co Ltd<600026><1138> to 5.38% from the previous 4.75%, according to the bourse operator Hong Kong Exchanges and Clearing<0338>.Information from HKEx...
Bank of China Ltd<601988><3988>, the country's fourth-biggest bank by assets, on Tuesday signed a strategic cooperation agreement with China Shipping Group Co, the parent of the country's biggest container-shipping firm, China Shipping Container Lines Co Ltd<601866><2866>, according to a...
Halbis Capital Management (Hong Kong) Ltd, a unit of HSBC Global Asset Management, on Aug. 31 raised its H-share holding in China Shipping Container Lines Co Ltd<601866><2866> to 5.03% from the 4.87% it held earlier, according to the bourse operator Hong Kong Exchanges and Clearing<0388>....
Halbis Capital Management, the active management arm of HSBC Global Asset Management, recently cut its stake in China Shipping Development Co Ltd<600026><1138> to 4.85% from the previous 5.31%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.Information from HKEx...
Baring Asset Management Ltd, a global investment management firm, recently adjusted its shareholding in two Chinese firms, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.HKEx said that Baring Asset raised its shareholding in China Shipping Development Co Ltd<600026><1138> to...
China Merchants Bank Co Ltd (CMB)<600036><3968>, the nation's sixth-largest lender by assets, on Thursday signed an all-round cooperation agreement with China Shipping Group Co (China Shipping), the parent of the country's biggest container-shipping firm, China Shipping Container Lines Co Ltd<601866><2866>...
Bank of Communications (BoComm)<601328><3328>, the fifth largest bank in China by assets, plans to set up a shipping financing division to offer financial services to shipping firms to help Shanghai develop into an international financial and shipping center by 2020, said Hu Huaibang, chairman of the Shanghai-...
* Firm will seek to raise $500 million-$750 million * Says shipping "in worse shape than real estate" * Strategy targets institutions, high net worth individuals LONDON, April 23 - JP Morgan Asset Management is...