News Review: China's August PMI, New Loan Issuance, Upcoming Hong Kong IPOs




China Money Podcast – Audio Episodes show

Summary: In this episode of China Money Podcast, our host Nina Xiang reviews the most important investment news this week: - China's August PMI recovers from July, pointing to an economic soft landing - RMB1.63 trillion trade settled in the Chinese currency until July: faster growth ahead with projections of $2 trillion trade settled in RMB by 2015 - Slow progress is witnessed a year after China allows insurance companies to allocate 5 percent of their assets to private equity investment - Several IPOs to test Hong Kong's investors' appetite for new shares: Sany Heavy Industry and Citic Securities to list in October