Latest News for: Wealth management china

Edit

Freetrade thinks these 3 investment trusts for emerging markets are worth a second look

The Motley Fool 08 May 2021
Fidelity China Special Situations Plc (FCSS). Managed by Dale Nichols, this trust focuses mainly on China, where the fund manager actively hunts for companies that are contributing to the country’s growth ... He also expects the rise in China’s middle class to usher in massive growth in the wealth management, insurance and travel sectors.
Edit

Banking shares lead Chinese blue chip gains

Hong Kong Standard 07 May 2021
"China's export growth again ... Also helping the sector, China published draft rules on Thursday for its cross-border Wealth Management Connect scheme, which links the Chinese mainland, Hong Kong and Macau.
Edit

Beijing sets 150b yuan quota for cross-border wealth connect

Hong Kong Standard 06 May 2021
China set an initial quota of 150 billion yuan (US$23.2 billion) for transactions under its Wealth Management Connect scheme that links southern Guangdong province with offshore centers Hong Kong and Macau, according to draft rules published on Thursday, Reuters reports ... Wealth Management Connect facilitates investment in the area.
Edit

Foreign investors line up for China financial services play

China Daily 06 May 2021
China Merchants Bank Co Ltd said on March 19 its wealth management unit is expected to receive an investment of about 2.67 billion yuan from JPMorgan Asset Management (Asia-Pacific) Ltd, which will take a 10 percent stake in CMB Wealth Management as a strategic investor following completion of the capital increase.
Edit

China's bank wealth management market expands

Xinhua 04 May 2021
dollars) of outstanding wealth management products at the end of March, up 7.02 percent year on year, according to the China Banking Wealth Management ...
Edit

Patchy Risk Disclosure Earns Shanghai Pudong Development Bank a Slap on the Wrist

Caixin Online 03 May 2021
(SPD Bank) (600000.SH), one of China’s largest joint-stock ... Ltd., a Shanghai-based wealth manager ... China’s banks are making progress to comply with new regulations governing the management and sale of wealth management products, which bars banks from making implicit guarantees.
Edit

Yiren Digital Files Annual Report on Form 20-F

Finger Lakes Times 30 Apr 2021
Since our inception, we have been operating one of China's largest digital financial management platforms by leveraging technology to seamlessly deliver wealth management solutions to China's mass affluent population through our wealth management business as well as credit and ...
Edit

UBS seeking to boost stake in China JV, CEO tells newspaper

Metro USA 30 Apr 2021
... Ralph Hamers told Swiss newspaper NZZ in an interview published on Friday, as the world’s biggest wealth manager looks to Asia for growth ... “We also want to launch a more digitally driven wealth manager in China, but we are still waiting for the license.”.
Edit

UBS chief Ralph Hamers eager to increase stake in China securities joint venture

Hong Kong Standard 30 Apr 2021
"If you want to grow faster in Asia, for example, China plays an important role ... "We also want to launch a more digitally driven wealth manager in China, but we are still waiting for the license." ... Asia's fast-growing wealth.
Edit

Beijing warns fintech firms against anti-monopoly behavior

Midland Daily News 30 Apr 2021
Regulators warned against the “disorderly expansion” of capital, part of the government's increased scrutiny of technology and internet companies that have branched into the lucrative financial services sector, offering services such as digital wallets, wealth management services and loans.
Edit

OCBC may cut branch numbers as it reviews office space needs

Straits Times 29 Apr 2021
Ms Wong also used the meeting to lay out her areas of focus, which broadly include capitalising on Asean-Greater China flows, expansion of its wealth management franchise, accelerating digitalisation and building a regional sustainable bank.
Edit

Caixin ESG Biweekly: Energy Storage, Carbon Futures and Climate Change Risks

Caixin Online 29 Apr 2021
Bank of China (BOC) Wealth Management. BOC Wealth Management raised funds to issue the first “peak carbon dioxide emissions” wealth management product on April 8 of this year ... According to Chinawealth, the product — named “(Peak Carbon Dioxide Emissions) BOC Wealth Management – ...
Edit

MSCI indices target China megatrends

Shenzhen Daily 29 Apr 2021
yesterday said it has launched 20 thematic indexes to help domestic and international investors bet on megatrends in China that are aligned with China’s strategic policy goals ... Tom Masi, portfolio manager of emerging wealth strategy at GW&K Investment Management, welcomed the development but said he remained cautious.
Edit

MSCI launches thematic indices for investors betting on Chinese megatrends

Straits Times 28 Apr 2021
Tom Masi, portfolio manager of emerging wealth strategy at GW&K Investment Management, welcomed the development but said he remained cautious ... "Additionally, the China market is very deep and includes many companies with very limited available information.
Edit

China offered Covid aid to India while US dragged its feet, but Delhi isn't that keen

Mooresville Tribune 28 Apr 2021
... position in Hong Kong and establish Singapore as a wealth management hub. It plans to hire more than 3,000 wealth managers in China alone, where its Asia Pacific CEO has said that the middle class population may "double from the current 300 million, to 600 million by 2028.".
×