Latest News for: Wealth management china

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Wealth managers ramp up staff in Hong Kong to chase Chinese demand 

Hong Kong Standard 24 Mar 2023
Noah Holdings), the largest independent wealth management firm in China, was among five private banks and wealth management firms Reuters talked to that said they held client events in the city and organized private art tours.  ... The wealth manager's expansion plan is apart from other middle and back-office staffing.
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UBS offers sweeteners to Credit Suisse Asia wealth bankers to retain talent -sources

Reuters 24 Mar 2023
HONG KONG, March 24 (Reuters) - UBS (UBSG.S) has promised retention packages to wealth management staff in Asia at Credit Suisse (CSGN.S), two people with knowledge of the matter said, as the Swiss bank tries to stem a talent exodus after the takeover of its former rival.
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Interview: Britain-China business ties experiencing pick-up moment, says business leader

Xinhua 24 Mar 2023
China has set its economic growth target at around 5 percent in 2023 to ensure steady and high-quality development, making headlines around the world ... As the wealth of Chinese middle-class consumers grows, financial services, wealth management services, health services, and of course education are all going to expand, said the business leader.
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Hywin Holdings Announces Unaudited Financial Results for the First Half of Fiscal Year 2023

Eagle-Tribune 23 Mar 2023
HYW), a leading independent wealth management service provider in China, today announced its unaudited financial results for the first half of fiscal year 2023 ended December 31, 2022 ... HYW) is a leading independent wealth management service provider in China focusing on providing ...
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Nation to expand financial sector's opening-up

People Daily 21 Mar 2023
China will further expand ... The increasingly deeper opening-up of China's financial markets has provided new opportunities for investors to manage their wealth and allocate their funds, said Xuan Changneng, deputy governor of the People's Bank of China, the country's central bank.
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Hywin Holdings Leads Client Delegation to Hong Kong to Deliver the Global Proposition

Eagle-Tribune 20 Mar 2023
HYW), a leading independent wealth management service provider in China, today ... HYW) is a leading independent wealth management service provider in China focusing on providing asset allocation advisory services and comprehensive financial products to high-net-worth clients.
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Concerns rise as major developed economies rapidly hike interest rates

China Daily 18 Mar 2023
... of China, the country's central bank ... Wealth management and asset allocation are highly sensitive to changes in these important macroeconomic variables. The increasing uncertainty and instability factors will intensify the challenges faced by global wealth management, he added.
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Hywin Holdings to Announce First Half of Fiscal Year 2023 Financial Results on March 23, 2023

Eagle-Tribune 16 Mar 2023
HYW), a leading independent wealth management service provider in China, today announced that it plans to report its unaudited financial results for the first half of fiscal year 2023 ended December 31, 2022, before the market opens on Thursday, March 23, 2023.
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Software specialist welcomes five new recruits

The Business Desk 13 Mar 2023
Ian Barbour, Ben Robertson, Haris Naeem and Ben Skeels will work across the firm’s consultancy and support departments, with Lulu Qu taking on the role of senior project manager ... She brings a wealth of project management experience to her new role, having supervised ERP projects in both China and the UK.
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Global execs look to grab business opportunities

China Daily 09 Mar 2023
... and international circulation for China, in areas such as RMB internationalization, the Belt and Road Initiative, GBA, the Yangtze River Delta region, capital market opening, cross-border trade, sustainable finance, small and medium-sized enterprises and wealth management.
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Frontier countries to suffer most if Fed rate gets to 6% -analysts

FX Empire 09 Mar 2023
The emerging market universe being more Asia-centric than in previous sharp increases of global rates means that investors can’t “look at the textbook of history” according to Nuno Fernandes, a New York-based portfolio manager for GW&K’s Emerging Wealth Equity Strategy.
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Credit Suisse obtains key approval to launch wealth business in China

Reuters 08 Mar 2023
"We are pleased to have received these licenses as it marks a key milestone in offering wealth management services onshore in China, which is the fastest growing wealth market in the world," Edwin Low, APAC CEO of Credit Suisse told Reuters in an email statement.
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Credit Suisse gets nod to launch wealth business

Shenzhen Daily 08 Mar 2023
“We are pleased to have received these licenses as it marks a key milestone in offering wealth management services onshore in China, which is the fastest growing wealth market in the world,” said Edwin Low, Credit Suisse’s CEO for Asia Pacific ... managers it currently has.
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BNP to relocate most HK workers out of Central

Taipei Times 08 Mar 2023
Separately, Credit Suisse Group AG has obtained licenses allowing it to launch its wealth management business in China in the first half of this year, as well as expand its securities trading and research activities onshore ... In preparation for the launch of its wealth management ...

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