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Tag Archives: investment

Eastspring unveils Islamic China A-shares fund

KUALA LUMPUR: Eastspring Investments Berhad (Eastspring) recently announced the launch of its Eastspring Investments Islamic China A-Shares Fund (Fund) in Malaysia.

Investing in Shariah-compliant equities, the Fund aims to provide investors with capital appreciation in the long-term via a diversified portfolio in China A-Shares that offer upside potential, according to a statement.

It will focus on companies that have a consistent track record of earnings growth or upward earnings revisions, and high dividend yielding Shariah-compliant equities in the China A-Shares market.

Chief Executive Officer at Eastspring, Raymond Tang said: "Interest in China equities has been strong in the last three years, evidenced by the growth in asset under management f

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Alibaba injects US$1 billion to increase stake in Lazada

Thursday, 29 June 2017   KUALA LUMPUR: Alibaba Group Holding Limited will invest approximately US$1 billion to increase its stake to approximately 83% in Lazada Group, the leading e-commerce platform in Southeast Asia. In a statement today, Alibaba said the transaction demonstrated the continued success of Lazada’s business and Alibaba’s …

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