| Sunday, April 29, 2007 |
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According to a Bloomberg report, Lehman Brothers Holdings Inc., expects India and China to be the fastest-growing markets for convertible bond sales in the region.
Joonkee Hong, the Lehman's Hong Kong-based head of global finance for the Asia-Pacific region is quoted “India is a new market for us, where fees for arranging convertible bond sales are still kept at a reasonable level,”.
Companies such as China Petroleum & Chemical Corp., (Asia’s biggest refiner), and Hotel Leelaventure Ltd, (India’s third-biggest hotel company), raised $5.9 billion selling convertible bonds this month. That is a 67% increase from the same period last year. According to a forecast by Lehman, the market for convertible bonds in the region could reach a record $28 billion this year. |
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| Thursday, April 19, 2007 |
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China’s stock market dropped nearly 5 per cent on Thursday.
This is the largest decline since February 27 when a Chinese correction was blamed for triggering a global sell-off.
China's economy grew higher-than-expected 11.1 per cent in the first quarter and inflation was up 3.3 per cent in March.
These factors are increasing concerns that China will once again raise key interest rates. |
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| Thursday, April 12, 2007 |
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The Nasdaq Stock Market is launching a dedicated index of Chinese companies listed in the US. The index will initially contain 30 largest Chinese companies whose securities are listed and actively traded in the United States.
Nasdaq CEO Robert Greifeld recently visited China to persuade more Chinese companies to list on Nasdaq. |
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Investing In Emerging World Markets
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