Sign up | Log in



Home  >>   Daily News  >>   Thailand  News  >>   Investment  >>   New fund to focus on China stocks
NEWS UPDATES Asean Affairs        26  April 2011

New fund to focus on China stocks

Related Stories

April 25, 2011
Foreign investment grows in Thailand

April 23, 2011
Foreign investors see low Thai inflation

April 15, 2011
Thai fruit in Japan

March 29, 2011
Thai polyester producer plans new Indo investment

March 18, 2011
Indonesia could reach investment grade in a year

March 15, 2011
Japanese investment will continue in Indonesia

ING Funds (Thailand) has introduced a new foreign equity investment fund for investing in China, Hong Kong and Taiwan.

Tor Indhavivadhana, an executive vice-president, said the ING Thai Greater China Trigger 10 percent fund will invest in the ING (L) Invest Greater China Fund overseen by ING Investment Management.

Investment will be mainly in stocks listed on the China, Hong Kong and Taiwan bourses. "Currency hedging to guard against baht appreciation is the fund's main draw," said Mr. Tor. He said it was expected to deliver a 10 percent return and would be closed or redeemed when its net asset value per unit reaches 11.25 baht, or it could continue to invest in the ING Thai Cash Management money market fund.

The fund is available until May 4 with a minimum investment of 2,000 baht.

Mr. Tor said the three markets each had a different attraction for investors.

China has experienced dramatic development and will see upside gains if the government can tame rising inflation. The market's price-to-earnings ratio (P/E) is 10 times, lower than 13.9 times previously.

Hong Kong's economy is related to China's and benefits from the tourism and property sectors. Last year, the Hong Kong market registered the highest number of initial public offerings. Its P/E ratio stands at 11 times, lower than the past average of 13.7 times.

Last year, Taiwan's economy grew by 10.8%, a 24-year high, supported mainly by activity with China. The Japanese disaster will likely strengthen its position as a major producer of technology products.

The Taiwanese market's P/E ratio stands at 12 times, below the previous level of 14 times.

"We're seeing some promising opportunities for trigger funds in the current environment, especially in volatile emerging markets. Developed markets are interesting as well but are not suitable for long-term investment," Mr. Tor commented.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    26  April 2011 Subsribe Now !
 • Boeung Kak Lake dispute continues Subcribe: Asean Affairs Global Magazine
• New Indonesian customs head to “clean up” Asean Affairs Premium
• Push to lower broadband costs in Malaysia
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Aboitiz power to build hydroelectric plant     
• New fund to focus on China stocks

• Lawsuit now part of Thai telecom story

• Vietnam’s FDI falls

• Garments, textiles lead surge in Vietnamese exports p

Asean Analysis    26  April 2011

Advertise Your Brand
• ADB: rising oil, food prices threaten growth Sponsor Our Events

Asean Stock Watch    26  April 2011

• Asean Markets will post a mixed day p

Global News Impacting Asia    17 November 2010


• Bank of America sees Asian inflation


• Lloyd’s increases insurance push in Malaysia


• Wells Fargo analyst on euro


• Obama’s visit to Asia


ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2021 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand