China should rein in liquidity, says Foundation's Liang
Hedge fund manager Michael Liang lists the daunting tasks that lie ahead for China, including tackling rising inflation and property prices.
Michael Liang is chief investment officer of Hong Kong based hedge fund Foundation Asset Management. He helped establish the firm in Hong Kong in 2006 with Singapore's UOB and Britain's CIM Investment Management. The Foundation China Opportunities Fund launched in early 2007 and is the manager's only offering. Liang has also worked for UOB Kay Hian, DBS Vickers, Daiwa SMBC and SG Securities. We spoke to him to get his reaction to events in China.
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