Year-to-date, only six Hong Kong-domiciled funds have been approved for sale in the mainland, according to records from the China Securities Regulatory Commission (CSRC).
Tag: HSBC
Global firms ready onshore China funds
Eastspring, JP Morgan and Morgan Stanley face a six-month deadline to roll out their debut onshore products.
Swiss PBs see risk in trips to China
The detention of a UBS Wealth Management staffer from Singapore has rocked the private banking community and resulted in some bans on travel to the mainland, reports say.
Asia not as convinced with ESG-returns link
Nearly half of all investors globally recognise sustainable investing metrics as a driver of long-term financial returns, but Asia lags, according to a new survey by HSBC.
Hang Seng WM income up 13%
HSBC subsidiary Hang Seng Bank posted a 13% increase in half-year income generated by its wealth management business, driven by fund sales and securities and brokerage services.
HEAD-TO-HEAD: Blackrock vs HSBC
FSA compares the the BGF Asian Tiger Bond Fund and the HSBC Asian Bond Fund.
HSBC to tap into China’s growing wealth
HSBC has revealed plans to expand its wealth management division in China as part of strategy refresh.
HEAD-TO-HEAD: HSBC Jintrust vs Invesco Great Wall
FSA compares two MRF-approved China mixed-assets funds: the HSBC Jintrust Dynamic Strategy Fund and the Invesco Great Wall Core Competence Mixed Securities Fund.
DBS: Fund selectors seek qualitative talks
Banks are now looking more at the qualitative aspects of fund products and not just performance, according to industry sources.
HSBC’s profits leap as Asia drives 70% of growth
HSBC’s profits in the third quarter were some $4.3bn higher than the previous year, largely thanks to its renewed focus on Asia.
