City could double assets with just small portion of the more than US$100 trillion held by global pension funds and insurers, council advises.
Topping previous record by Manulife Singapore, sale highlights Hong Kong’s global status in wealth management, says broker Charles Monat.
US elections led to sharp market swings and Middle East war could make the final quarter more challenging, HKMA chief Eddie Yue says.
Hong Kong and mainland China markets among the top choices of European investors seeking diversification, AllianzGI executive says.
Considerable uncertainty remains over interest rates, monetary authority says after following US Fed in keeping base rate unchanged.
Investors sell after net interest income falls US$2.6 billion short of analysts’ estimate.
Around 280 of the world’s top bankers, including 120 group chairmen and CEOs, will attend the fifth Global Financial Leaders’ Investment Summit.
HSBC survey found that 97 per cent of global investors rated the UAE as an attractive destination for infrastructure projects.
Appointment follows Mark Tucker’s return to AIA last year, as insurers compete for affluent clients seeking wealth and succession solutions.
Long-awaited move to make Citi seventh foreign securities firm owner in mainland China, where stock markets are worth US$15.6 trillion.
Beijing’s enforcement of taxes on overseas insurance gains will lead some mainland customers to ‘think twice’ before buying, says broker.
Agreements on AI, digital infrastructure and financial services to help shape discussions at next month’s leaders’ summit in Shenzhen.
Deputy chief executives Darryl Chan and Howard Lee will take over each other’s roles next month.
Despite the delay, the exchange said the market response had shown strong support for shortening the settlement time.
Bank unveils expansion plan after scrutiny of its Singapore AI hiring strategy.
HSBC aims to lure younger, tech-savvy customers with discretionary investment service once only available to private bank clients.
Market players support the change to keep up with global peers, but many worry the fourth quarter of 2027 would be too soon, sources say.
Hong Kong Exchanges and Clearing’s Core Climate platform allows 15 firms to buy Green Electricity Certificates via Guangzhou Power Exchange.
The SFC has also suspended 65 listing applications so far this year, as regulator looks to strengthen market quality in the city.
Hong Kong could learn from the US market, where streamlined regulations foster a thriving ecosystem of angel funds and start-ups, an industry body says.
A US lawmaker has asked Fed chair Kevin Warsh to review Hong Kong’s access to an emergency funding facility, citing Beijing’s global yuan push.
HKMA raises questions over bank’s decision to establish an AI centre in Singapore despite Hong Kong being its largest market, sources say.
MPF members made gains of over HK$20,000 on average in the first nine months of 2026, despite losing HK$5,000 in September, report finds.
HSBC’s app drops from third to eighth place among Hong Kong rivals as additional features translate to poor experience, consulting firm says.
Bakai Bank, one of Kyrgyzstan’s largest lenders, set up in Hong Kong as China and Central Asia’s trade links are increasing.
Lawmakers back incentive plan but argue that five years not enough to attract firms to establish headquarters or expand operations in city.
Government actions are making Hong Kong ‘a more appealing location for private markets professionals’, Richard Oldfield says.
Lenders are confident the mainland-related wealth business will remain a pillar for the industry regardless of Beijing’s tax crackdown.
A growing pipeline and potential megadeals bolster hopes of a record IPO year for the Hong Kong stock exchange, industry players say.
A survey by the lender shows that 74 per cent of customers know at least one use case, but there are also misunderstandings.