Hong Kong’s 106 billionaires, Treasury yields hit recent highs: the numbers moving markets
China has been expanding its outbound-investment channels, with a new quota granted and greater overseas allocation by the nation’s pension fund. However, the financial world beyond the mainland is seeing volatility as US bond yields hit 20-month highs. Here are some of the figures that have drawn the most market attention this week. US$6.84 billion in new quotas for mutual funds China’s foreign-exchange regulator approved US$6.84 billion in new, qualified domestic institutional investor (QDII)...