{
  "id": 14637707,
  "title": "Hong Kong firm, Qatar bank to launch Chinese equity fund to lure Middle East capital",
  "url": "https://urgent.news/2026/10/15/hong-kong-firm-qatar-bank-to-launch-chinese-equity-fund-to-lure",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-15T07:00:09.000Z",
  "source": {
    "name": "SCMP Business",
    "slug": "scmp-business",
    "url": "https://www.scmp.com/business/banking-finance/article/3370965/hong-kong-firm-qatar-bank-launch-chinese-equity-fund-lure-middle-east-capital"
  },
  "original_language": "en",
  "account": "Hong Kong-based China Asset Management (ChinaAMC) and Qatar's Lesha Bank will launch the Middle East's first sharia-compliant China equity fund, according to a Wednesday announcement. The collaboration aims to attract Middle East capital, as Chinese financial institutions seek to lure institutional investors and wealthy families amid geopolitical turmoil. The fund, potentially as large as US$1 billion, would provide GCC investors with direct exposure to listed shares in mainland China and Hong Kong equities. The GCC comprises Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. Initial seeding is US$50 million, with a possible expansion to US$1 billion in two years, as per Mohammed Ismail Al Emadi, Lesha Bank's group CEO. Tian Gan, ChinaAMC's Hong Kong CEO, explained that the fund's core benchmark is the FTSE Shariah China Index, targeting growth themes like AI, biotech, advanced manufacturing, and technology localisation. The fund's macroeconomic thesis is based on structural advantages in Chinese equities, as the US market is crowded and the Asian market, led by China, is the main driver of growth.",
  "summary": "China Asset Management (Hong Kong) and Qatar’s Lesha Bank agreed on Wednesday to launch Qatar’s first sharia-compliant China equity fund, highlighting growing efforts by Chinese financial institutions to lure Middle East capital as institutional investors and wealthy families seek safe havens amid geopolitical turmoil. Among the key selling points of the mainland China and Hong Kong stock markets…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
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        "url": "https://urgent.news/2026/10/15/chinese-king-of-african-phone-market-transsion-sinks-in-hong-kong",
        "published": "2026-10-15T00:12:55.000Z"
      },
      {
        "outlet": "VnExpress Business",
        "title": "Hong Kong’s richest man bets on oil despite global shift toward clean energy",
        "url": "https://urgent.news/2026/10/15/hong-kongs-richest-man-bets-on-oil-despite-global-shift-toward-clean",
        "published": "2026-10-15T04:59:17.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}