Tag : hang seng

Korean Hanwha Life Insurance is set to kick off direct investment in overseas real estate via new subsidiary in the US; Singapore's Temasek launches strategic partnership in Brazil with local partner; Japanese insurers expand overseas with acquisitions; Tokio Marine partners with Singapore insurtech VC firm; and more.

AustralianSuper promotes deputy equity head; StateSuper appoints senior manager for liquid alternatives; Afma appoints chief executive from Promontory Australia; Hang Seng Bank names new chief executive; HSBC appoints Southeast Asia head of sustainable finance; Ruffer to close HK office, head to retire; Bank of New Zealand CEO rejoins NAB as digital chief; and more.

As volatility returns sparked by the ongoing US-China trade dispute, investors require a compass to measure risks of Chinese companies listed on Hong Kong’s stock market.

Hang Seng Bank aims to add to its selection of alternatives funds and enhance its digital platform, says Rosita Lee, head of investment products and advisory.

China is regaining its lustre with clients, according to Rosita Lee, head of investment products and advisory business at Hang Seng Bank.

The bank will hold a 70% stake in, and has chosen a chief for, the first foreign-majority-owned joint-venture fund house in China, as offshore players mull how best to access mainland clients.

Our 14th and 15th most influential selectors are Bruno Lee of Manulife, who is helping the insurer reposition in Asia, and Rosita Lee, a 20-year veteran of Hang Seng Bank.

The Hong Kong bank plans to set up a joint venture funds company with majority control in Shenzhen’s Qianhai zone. It would be the first such mainland JV and a significant milestone in China’s funds liberalisation.

Several fund houses are planning to be among the second wave of groups authorised to sell their funds via the cross-border scheme

Hang Seng Bank saw a flood of new customers sign up for its fee-based online investment account last month, which it attributed to rising stock prices. The new customers are generally younger and well-educated.

There is a lack of understanding among mainland retail investors that Hong Kong distributors and manufacturers need to prepare for ahead of the launch of mutual recognition, a forum hears.