HSBC to buy out China life joint venture partner
It will allow firm to expand its offering of health and wealth products across the country
It will allow firm to expand its offering of health and wealth products across the country
Duo to target China’s retail market
Beijing ahead of New York as it is named city with most UHNWs for the fifth year running
Questions raised about restructuring portfolios as firms start to ‘proactively contact’ clients
Authorities could be incentivised to act quickly to boost foreign investment post-coronavirus
Education remains the top reason for high net worth individuals to consider Britain
After receiving approval from the Chinese regulator
Shifting away from the model where third-party channels get more fees if they are able to sell more funds
Joint venture will offer an investment advisory service to the country’s retail market
‘We will continue to evaluate other business and growth opportunities as they arise’
It will allow foreign investors to own up to 51% before scrapping the limit during 2020
The shares will be sold by Goldman Sachs