wealth management

New Business

Standard Chartered plans Hong Kong wealth centres to tap US$200 billion of ‘new money’

Standard Chartered will open one wealth management centre a year over the next five years in Hong Kong as part…

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New Business

Trump’s tariffs to reshape global trade with key role for Hong Kong: StanChart chairman

US President Donald Trump is unlikely to impose “super tariffs” on China, although his trade policies could create new trade…

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New Business

Hong Kong still among the world’s top wealth hubs, according to Knight Frank report

One in every 176 Hongkongers is estimated to have a net worth of more than US$10 million, making the city…

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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…

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New Business

Why wealthy individuals prefer Hong Kong insurance policies for inheritances

Insurance policies were becoming a popular choice for wealthy individuals in Asia, including the Greater Bay Area, for estate planning…

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New Business

Standard Chartered to invest US$1.5 billion in profit-driving wealth business

Standard Chartered, one of Hong Kong’s three note-issuing banks, will invest US$1.5 billion in its wealth-management business over the next…

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New Business

Tycoon Richard Li to sell HKEJ publisher to PCCW for US$9 million in asset reshuffle

Hong Kong tycoon Richard Li Tzar-kai is reshuffling his assets again, this time by selling his personal interest in the…

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New Business

HSBC unveils HyQ, a 25-storey office tower in Qianhai to drive cross-border collaboration

The HyQ tower, in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, is the bank’s first wholly owned building…

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New Business

Hong Kong employers look to hire more relationship managers and data analysts next year

Relationship managers, customer due diligence officers and data analysts are some of Hong Kong’s hottest jobs in the coming year,…

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New Business

HKEX launches retail fund repository, strengthening Hong Kong’s appeal as wealth hub

Bourse operator Hong Kong Exchanges and Clearing (HKEX) has launched the first phase of an electronic platform that provides data…

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