Markets Archives - Page 63 of 192

HSBC opens wealth management centre in Taiwan

The bank plans to establish two more wealth management offices in 2023.

The adjustments will be implemented in about three months time.

Despite the global slowdown in growth, most Asian economies and asset classes will benefit from broader reopening, said the British asset manager.

But easing of restrictions could open the Covid floodgates or heap more misery on global inflation woes.

This is the first time Morgan Stanley has been overweight China in almost two years.

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.

Despite the headwinds, a full-blown banking crisis is still unlikely, said UBS.

Recent history has shown how successful sectors can be cut down to size at the whim of the government.

It is the first wealth and asset manager to convert its joint venture into a wholly foreign owned public fund management company.