nordea awarded chinese trading licence
Nordea Asset Management has become one of the first groups outside Hong Kong to receive a licence allowing it to invest in the Chinese stock market.
Nordea Asset Management has become one of the first groups outside Hong Kong to receive a licence allowing it to invest in the Chinese stock market.
Singapore’s Oversea-Chinese Banking Corporation has made an offer to acquire Hong Kong-based Wing Hang Bank to expand its business in North Asia.
BlackRock has appointed Goldman Sachs Helen Zhu as managing director and head of China equities.
After five years‚ the asset manager has decided to close its China Growth Fund.
Relatives of China’s top political leaders‚ past and present‚ are among nearly 22‚000 people in China and Hong Kong whose offshore holdings have been revealed in a leaked cache of documents unveiled yesterday.
While much of the world’s wealth management industry has been focusing on the new‚ American asset-reporting law known as FATCA‚ China has quietly implemented its own set of regulations that require the country's wealthy to declare their offshore holdings.
Emerging markets specialist East Capital has launched the Luxembourg registered China A-Shares Fund, to be managed out of its Stockholm HQ and Hong Kong.
Zurich Insurance Malaysia has entered into a deal with Bank of China which will see the bank distribute Zurichs products in Malaysia.
With the launch of two ETFs‚ European investors are now able to buy shares in smaller‚ faster-growing Chinese companies.
Financial advisory firms in China’s Special Administrative Region are hiring‚ as Western businesses continue to establish bases in the region‚ and look to promote their services into China and the rest of Asia
In a bid to strengthen cooperation on financial sector development and regulation, Singapore and China today agreed on series of initiatives that will further promote the international use of the Renminbi through Singapore.
Hong Kong-based fund managers are “racing” to introduce Hong Kong-domiciled funds, ahead of plans for a “mutual recognition” programme that will enable them to be sold in mainland China, according to a report published today.