insurance

New Business

China’s wealthy swap real estate for insurance, gold as retirement looms

Since 2020, Li Jiang, a veteran manufacturing entrepreneur from Guangdong, has been selling off his properties one by one –…

Read More »
New Business

Glass ceiling shattered: 45% of top Hong Kong financial sector roles go to women

Hong Kong’s financial sector has seen strong growth in the number of women taking up senior positions and board directorships…

Read More »
New Business

Stellerus uses satellites to visualise 3D wind data for weather forecasts, insurance risks

Hong Kong University of Science and Technology (HKUST) start-up Stellerus Technology aims to be the world’s first provider of satellite-enabled…

Read More »
New Business

Bank of East Asia profits rise as wealth business offsets bad property loans in Hong Kong

Bank of East Asia (BEA), Hong Kong’s largest family-owned lender, beat expectations with 14 per cent growth in its first-half…

Read More »
New Business

Developing | Hong Kong to act as launch pad for Chinese companies’ global push in pact with Shanghai

Mainland Chinese companies will use Hong Kong’s capital market as the launch pad for their global growth, according to an…

Read More »
New Business

Hong Kong’s finance sector embraces GenAI, with adoption to reach 90% in 5 years: survey

The adoption of generative artificial intelligence (GenAI) in Hong Kong’s financial services industry is gathering pace, with a study showing…

Read More »
New Business

Chelsea owner Todd Boehly eyes Hong Kong and Macau for fintech, entertainment expansion

Todd Boehly, an American tycoon who counts Chelsea Football Club, the Los Angeles Dodgers and the Los Angeles Lakers in…

Read More »
New Business

Manulife picks its chief actuary Steve Finch as Asia CEO to lead its biggest profit centre

Canada’s biggest insurer Manulife Financial has appointed its chief actuary Steve Finch to head its Asian business, picking a company…

Read More »
New Business

HSBC cutting 900 staff at China digital wealth unit Pinnacle, sources say

HSBC reiterated its commitment to mainland China as a “priority market” after two sources said the lender was reducing staff…

Read More »
New Business

Tencent-backed WeDoctor revives Hong Kong IPO plan, sources say

Tencent Holdings-backed WeDoctor has revived its plan for a Hong Kong stock listing. The company aims to submit its application…

Read More »
Back to top button