Reuters.uk – Hedge funds’ focus on investment opportunities in China and Asia are a clear sign of growing liquidity and depth of the region’s stock markets, Baring Asset Management said in a releaseon Monday.
Baring is confident that there is sufficient capability to short sell stocks in Asia, which is attractive to hedge funds.
“There are currently 229 stocks to short in Hong Kong and China, and more if one looks beyond those markets,” said Khiem Do, manager of the Baring China Absolute Return Fund.
“Borrowing costs are reasonable outside the very smallest companies, with a degree of transparency which is as good as any in the Western world.”
