Is this the end of the road for Chinese ADRs? China may be tightening the VIE loophole that previously permitted U.S. listings of Chinese companies. This article explains why ADRs and VIEs present an especially complicated issue for regulators in China.
Much has happened this week in the Chinese tech and ADR space. Here are my thoughts in response to some of the questions I’ve been receiving from investors and others.
I’ve been getting questions about the Ant Financial IPO, and it was validating to see Charlie Munger’s recent interview on the topic. The brief article below shares my thoughts on the topic, and on China’s regulatory approach more generally.
Jason Hsu and I have been monitoring the unprecedented rush of Chinese companies to list on U.S. exchanges. Our key takeaway? Many of the highest-quality Chinese firms are and will continue to be listed exclusively in mainland China.
PRESS RELEASE Mark Schlarbaum Joins Rayliant as Head of Trading and Capital Markets Los Angeles, Monday, January 04, 2021 – Rayliant Global Advisors, which recently launched the world’s first active China ETF, has added to its ETF capabilities by hiring Mark Schlarbaum as Head of Trading and Capital Markets. Schlarbaum is a China ETF…
Rayliant launches the world’s first active China equities ETF this morning on the New York Stock Exchange. The Rayliant Quantamental China Equity ETF (Ticker: RAYC) is targeted at U.S. investors seeking long-term capital appreciation in China.
PRESS RELEASE Kyle Theodore Joins Rayliant as Head of Consultant Relations New role will boost client engagement for Rayliant’s China research Hong Kong, Tuesday, December 10, 2019 – Rayliant Global Advisors, a global asset management group developing quant strategies to generate alpha in China and other emerging markets, is pleased to announce that Kyle…
Henderson Rowe and Rayliant bring a mix of ETFs and direct equities to high net worth investors Wealth Adviser October 22, 2019 By Beverly Chandler London headquartered wealth manager, Henderson Rowe has combined the art of stockpicking with blending in ETFs since 2004. The firm was purchased by USD26 billion Rayliant Global Advisors in 2018.…
How China’s censorship on trade war throws off the algos MarketWatch May 15, 2019 By Sunny Oh Excerpt: Wall Street uses social media algorithms to track sentiment of Chinese individual investors Quantitative investors say censorship around the chief source of China’s equity tumble highlights the limitations of algorithms used to sift through millions of social…
Credit Suisse and Rayliant team up for China quant launch Risk.net April 24, 2019 By Narayanan Somasundaram and Kate Lin Excerpt: Firms want to tap investors’ zeal for systematic strategies in A shares Credit Suisse and quant advisory firm Rayliant have launched a new index to tap growing offshore demand for quant strategies in China’s…