Hong Kong Archives - Page 12 of 45

Lion Group Holding expands into carbon trading

Lion Group Holding already holds type 1, 2, 4, 5 and 9 SFC licences.

David Louie spent 11 years as market group head for China at Credit Suisse.

Hong Kong retail investors can now invest in the $440m fund.

In a bid to make sure investors are ‘adequately protected and key risks are effectively managed’.

Meanwhile, the firm appoints its Hong Kong chief executive as Asia partnership director.

Kevin King joins from BNP Paribas, while Stella Lau joins from Credit Suisse.

Germaine Share was previously director of manager research at Morningstar.

The adjustments will be implemented in about three months time.

Nine out of ten investors in Hong Kong said they intend to make changes to their investment strategies, according to a study by Schroders.

Around 400,000 tonnes of carbon credits were traded less than a month after the launch of the city’s carbon marketplace.

Part of the Mark Allen Group.