Singapore’s Oversea-Chinese Banking Corporation has made an offer to acquire Hong Kong-based Wing Hang Bank to expand its business in North Asia.
Tag: Hong Kong
Victoire Asia gets regulatory nod for HK business
Victoire Asia Investments, a specialist fund management company, has received permission from the Hong Kong Securities and Futures Commission to start its business in the country.
Asian investors most aggressive finds report
Asian investors are the most aggressive investors globally, according to a recent report, which also found them bullish on stock markets for the coming year.
HK starts consultation for open fund company structures
The Hong Kong government has begun a three-month consultation for introducing open-ended fund company structures (OFCs).
HK regulator waives fees for 2 more years
The Hong Kong capital market regulator has waived the annual licensing fees for another two years, and says it sees this move benefitting 39,000 intermediaries.
DBS to buy Singapore Asia private banking unit
DBS Bank has agreed to acquire the Asian private banking business of Société Générale in Singapore and Hong Kong, a move that will boost the assets of Singapores biggest bank by 20%.
MNG Investments receives Hong Kong license
M&G Investments, a subsidiary of UKs Prudential, has received a license from Hong Kongs capital market regulator to expand its marketing activities to professional investors.
BEA Union Investment names Chan CIO
BEA Union Investment Management has appointed Henry Chan Yue-Hung as chief investment officer with immediate effect.
AXA IM strengthens Asian fixed income team
Axa Investment Managers has strengthened its Asian fixed income team appointing Jim Veneau as head of credit Asia and Christy Lee as a portfolio manager.
Open ended fund structure planned for Hong Kong
The Hong Kong government has announced measures to boost the development of the local asset management industry.
