China Banking and Insurance Regulatory Commission (CBIRC) granted approval for the asset manager’s joint venture.
Category: Markets
DBS penalised after service outage
The bank has to stump up an additional S$930m ($692.5m) in regulatory capital.
Asian investors are bullish on equities
Despite rising inflation and the pandemic, Asian investors will increase investment in the healthcare and technology sectors, according to a UBS GWM survey.
Chinese property sector remains gloomy
The path for recovery for the real estate sector remains bumpy despite relaxing policy.
Is 2022 the year of the toothless tiger?
Investors will need to be brave to take advantage of the opportunities in Chinese equities.
SEI taps into Malaysian wealth management industry
The company joins Malaysia’s Maybank Group to expand investment access for rich Malaysians.
Generali to become majority shareholder in Indian life JV
Deal is a ‘further step ahead in our growth journey in this high potential market’.
HKMA adds five more banks to wealth management connect
The number of participating institutions in Hong Kong has increased to 24.
