WE.UBS is the first platform of its kind by a global wealth manager in the country.
The S&P BOCHK China Hong Kong Greater Bay Area Net Zero 2050 Climate Transition Index aligns companies in the area with the 2050 sustainability goals.
But there is scepticism about the objectivity of ESG guidelines.
The bank hopes to have over 1,600 employees working in the office by 2023.
ESG and crypto feature strongly among risk-seeking wealthy investors in the region, a study finds.
The number of participating institutions in Hong Kong has increased to 24.
The Greater Bay Area (GBA) Deep Decarbonisation Pathway and Transition Financing Opportunity is one of three new sustainability-focused projects to advance the region’s green agenda.
The implementation details of wealth management connect (WMC), including the scope of eligible investment products, will be announced later.
Roger Bacon, Citi Private Bank’s head of investments in Apac, reflects on wild March volatility, client reactions, working from home and the Greater Bay Area.
Officials in China and Hong Kong want to bring borderless wealth management to cities in the Greater Bay Area.