As volatility returns sparked by the ongoing US-China trade dispute, investors require a compass to measure risks of Chinese companies listed on Hong Kong’s stock market.
The proposed scheme will fail to live up to the hype initially because the size of the opportunity needs to be put into perspective, says Shiv Taneja of Cerulli.
The city's Securities and Futures Commission has reprimanded and fined Sun On Tat Securities and one of its responsible officers for managerial and supervisory failures.
Updates to Hong Kong's trust law for the first time in almost 80 years will encourage trust companies to set up shop here. Yet the city must focus on attracting young talent.
Hong Kong financial advisers are more concerned about the potential impact of changing rules than their peers in Singapore, pointing to a communication breakdown, finds a Skandia survey.
Regulators in the three markets are putting faith in agreements for mutual recognition of funds – and their efforts may be coming to fruition. And Korean firms are taking note.
The funds industry in Asia is suffering due to regulatory pressure on product distributors and custodians around anti-money laundering and mis-selling, according to a recent survey.
Citi’s Stewart Aldcroft explains how positioning for the proposed mutual funds recognition scheme between Hong Kong and mainland China will be crucial for global investment managers.
Retail banks in the city have been tainted by recent money-laundering cases, leading some to suggest that asset managers are susceptible to being used for such activities.