In today’s briefing:
- CX Daily: How Chinese Private Equity Firms Got Scammed by Their Own Sales Teams
- Singapore Financials: Surging Higher
- CX Daily: Abuse Victims’ Convictions for Bigamy Highlight Hurdles to Divorce in China
CX Daily: How Chinese Private Equity Firms Got Scammed by Their Own Sales Teams
In Depth: How Chinese private equity firms got scammed by their own sales teams
Southwest China grapples with wildfires during record heat wave
Another Henan official probed for links to rural banking scandal
Singapore Financials: Surging Higher
- Allocations in Singapore Financials continue their turnaround. From a low of 0.67% in early 2021, average weights have soared to 1.81%, closing in on the highs of 2%+ in 2018
- Clear active rotation, with the percentage of managers exposed to the sector increasing from 45.2% in 2021 to 63.4% today.
- Strong ownership growth seen in DBS and UOB, with +10.75% and +6.45% of managers opening positions over the last 6-months. SGX also saw ownership rise.
CX Daily: Abuse Victims’ Convictions for Bigamy Highlight Hurdles to Divorce in China
In Depth: Abuse victims’ convictions for bigamy highlight hurdles to divorce in China
Huawei founder Ren declares a battle for survival
Singapore’s leader urges China, U.S. to avoid mishaps as regional tensions escalate
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