Latest News for: Wealth management china


Fidelity fund well placed to benefit if China bounces back

The Times/The Sunday Times 13 Jun 2024
It is 12 years since I shadowed Anthony Bolton on a whistlestop tour of his investments in China ... Wealth management deal boosts HSBC’s ambitions in China ... Far more sensible to court China than flirt with a new Cold War.

Yancheng shows which way the wind is blowing

China Daily 13 Jun 2024
Bo Wenxi, vice-chairman of China Enterprise Capital Union and chief economist at wealth management firm IPG China, said ... Hao Xiaojun, deputy general manager of the company, said there are nearly 300 ...

Wealth Management Expo 2024 presented by Bank of China (Hong Kong) and organized by Metro Finance FM104

Vietnam News 12 Jun 2024
Wealth Management Expo 2024 presented by Bank of China (Hong Kong) and organized by Metro Finance FM104. HONG KONG SAR - Media OutReach Newswire - 12 June 2024 - Wealth Management Expo 2024, an annual ...

HSBC buys majority stake in China fund

Hong Kong Standard 12 Jun 2024
This week, the UK lender completed the purchase of Citigroup's retail wealth management portfolio in mainland China, comprising about US$3.6 billion (HK$28.08 billion) in assets and deposits from wealthy customers.

HSBC China completes key acquisition deal

China Daily 12 Jun 2024
HSBC China has completed the acquisition of Citi's retail wealth management portfolio in the Chinese mainland, HSBC said on Tuesday ... — particularly into the fast-growing wealth management sector.

China securities regulator welcomes Middle East investment

LBC International 12 Jun 2024
The statement was made in response to a Reuters request seeking comment on news that Qatar's sovereign wealth fund had agreed to buy a 10 percent stake in China Asset Management Co (ChinaAMC), the ...

Wealth management deal boosts HSBC’s ambitions in China

The Times/The Sunday Times 11 Jun 2024
HSBC has boosted its ambitions in Asia’s lucrative wealth management sector by completing its purchase of Citigroup’s business in China.

Qatar's sovereign wealth fund agrees to buy 10% of ChinaAMC

Gulf News 05 Jun 2024
Qatar's sovereign wealth fund has agreed to buy a 10% stake in China Asset Management Co., one of the nation's largest mutual fund firms, according to people familiar with the matter ... ChinaAMC managed about 1.9 trillion yuan as of Dec.

In Depth: China’s Pension Finance Push Falls on Deaf Ears

Caixin Online 04 Jun 2024
... comprehensive retirement planning has become essential, said Wang Hongdong, general manager of China Citic Bank’s wealth management department.

Sovereign Wealth Fund CIC Names Veteran Banker as Deputy Head

Caixin Online 03 Jun 2024
(CIC), the sovereign wealth fund that manages part of China’s $3.2 trillion foreign exchange ...

AMCAP: Bringing Better AI Technology to Serve Users for a Better Future

GetNews 31 May 2024
Taking the wealth management sector as an example, according to AMCAP Group's forecast data, the scale of the wealth management market in China reached approximately 217 trillion yuan by the end of ...

'Substantial' potential in Chinese equities over the next 6 to 12 months: UBS WM

CNBC 30 May 2024
Suresh Tantia of UBS Global Wealth Management is positive on China's economic recovery trajectory, but says there is still a tail risk associated with the possibility of a second Trump presidency ... .

UAE and China to boost co-operation in investments and Belt and Road Initiative

The National 30 May 2024
Investcorp, an alternative asset manager that counts Mubadala Investment Company as its biggest shareholder, has also teamed up with China’s sovereign wealth fund to launch a $1 billion fund that will ...

ABN Amro to buy private German Bank for $730 million

Gulf Today 28 May 2024
ABN Amro has agreed to buy German private bank Hauck Aufhäuser Lampe (HAL) for 672 million euros ($730 million) from China’s Fosun International to expand in wealth management, its largest deal since the global financial crisis.