The deal will lead to collaboartion as well as a cash injection.
Category: Markets
BlackRock CCB Wealth Management gains China licence
The joint venture (JV) between Blackrock, China Construction Bank (CCB) and Temasek will conduct asset management business.
HSBC set to hire 1,000 wealth staff in Asia this year
The expansion is part of a five-year strategy to build the bank’s regional presence.
China ETF providers bet on Hong Kong-listed tech stocks
Six Chinese domestic mutual fund managers are allowed to launch new ETFs linked to the Hang Seng TECH Index.
HSBC Malaysia introduces online fund platform
HSBC customers can buy and sell a range of unit trusts on its Malaysia mobile app for the first time.
Net-zero goal opens new investment routes in China
Widespread efforts to tackle climate change offer unprecedented investment opportunities amid five key themes based on China’s 14th Five-year Plan, says DWS.
China sets quotas for Wealth Connect
The draft rules have been posted to solicit comment a year after the Greater Bay Area (GBA) cross-border scheme was announced.
Ten themes to watch for equity portfolios
Emerging Asia, healthcare and the environment are included in Schroders’ top stock themes for the rest of 2021 and beyond.
Asian equities to ride post-Covid recovery
Regional stocks still have solid upside potential in key sectors as markets and economies emerge from the pandemic, according to a wealth management firm.
Hang Seng launches new stock connect index
The cross-market investable index will offer diversified coverage of China equities.