The former CIO of China Pacific Insurance Co (CPIC) had left the insurer in September for family reasons; select names in the HK stock market should show decent performances, while the overall market sentiment is expected to pick up after the first quarter; positive but moderate returns are still expected from US equities, while the pace of policy normalisation and economic growth is closely watched; and more
The former CIO of China Pacific Insurance Co (CPIC) had left the insurer in September for "family reasons". He previously worked at AIA and AIG.
Two months after the official announcement of the Greater Bay Area's Wealth Connect, experts believe more needs to be done to strengthen regulatory cooperation and investor education.
Weekly investor roundup: Ping An posts 31.2% fall in Q3 profit; Korean Teachers' fund denies Bitcoin ETF investment
Ping An cites a weak economy and investment losses as reasons for its 31.2% fall in Q3 net profit; Korean Teachers' Credit Union denies being the first pension fund in the country to invest in Bitcoin ETF; Aware Super looks to renewable energy assets; Consortium backed by hotel tycoon Ong Beng Seng and Temasek makes rival bid for SPH; and more
Clarity and a better understanding of data can help ESG assessment as fears of greenwashing continue to rise in China and globally.
Regulators keep their eyes open on tightening insurance industry by introducing more detailed risk management requirements, which could bring pressure on smaller players.