A Hong Kong subsidiary of TV manufacturer Tsinghua Tongfang has received licence approval from the SFC.

A Hong Kong subsidiary of TV manufacturer Tsinghua Tongfang has received licence approval from the SFC.
The NYSE-listed Chinese wealth manager reports a sharp drop in Q2 revenue and profit as HNWI clients turn risk-averse.
Standalone wealth managers are growing fast and actively expanding overseas, but also facing increasing scrutiny over previously loose regulations, according to a Chinese think tank.
Noah Holdings has entered into a pact with Union Bancaire Privée as both firms aim to grow their cross-border businesses.
Part of the Mark Allen Group.