HSBC: US hedge funds pour massive amounts of capital into mainland China and Hong Kong! Quantitative funds seeking entry into Chinese A-shares, demand continues to rise

　　Gracenote July 30th | Regional Market Manager at HSBC Group reports that the company plans to increase the number of employees in its Asian rates and institutional sales business by 5%-10% next year to meet growing demands from clients, including hedge funds. Paul Smith, who oversees the Japanese, North Asian, and Australian markets, notes that the Hong Kong market has seen lively client activity and highlights the strong growth in institutional sales and rates businesses. He points out that with the first-time public offerings (IPOs) of mainland Chinese and Hong Kong companies rebounding, this bank saw its Asian hedge fund clients grow by a factor of 10 over two years. Smith notes that US hedge funds have poured massive amounts of capital into seeking entry into Chinese A-shares, with demand continuing to rise.