Daily News Digest

11/19//2007

China Freezes Lending to Curb Investing Frenzy__Wall Street Journal
Chinese authorities are ordering a freeze on bank lending, aiming to curb the runaway investment that threatens to overheat the economy. But even a temporary halt could chill important segments of the economy, including the stock market.  

Hedge Funds Shake Off Summer Jitters
__Wall Street Journal
Hedge funds had a difficult summer, but now they're storming back, pulling in more money than ever from investors.  

Emerging-Market Strength Rewrites Rules
__Wall Street Journal

The economic boom in emerging markets is changing the rules investors have used to guide decisions, complicating an already tricky environment and forcing many to rethink their worldview.
 
Chinese banks seek stake in StanChart
__Financial Times
China’s three leading banks have approached Temasek, the Singapore state investment agency, to discuss the possible acquisition of its 17 per cent stake in Standard Chartered, the UK-based emerging-markets lender .

Chilton Investment eyes western China
__Financial Times
The $6.5bn Chilton investment hedge fund has a subsidiary in Hong Kong and is waiting for regulators to approve its application for an office in Beijing.

Chinese banks hit the acquisition trail
__Financial Times
With overseas banks having had limited success in transfering their expertise to Chinese banks, the Chinese have turned the tables by making their own offshore acquisitions.

Vodafone sees China growth
__Financial Times
Vodafone is seeking to increase its presence in China through a government-led restructuring of the country’s telecommunications industry