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Eddie Yue, chief executive of the Hong Kong Monetary Authority, delivers a speech at the start of the Global Financial Leaders’ Investment Summit in Hong Kong. Photo: Kit Lai
Wealth management

Why wealth managers see opportunity in Hong Kong despite Beijing’s tax crackdown

Industry leaders centre discussions on Hong Kong’s soaring asset inflows and safe-haven appeal at major summits this week.

Global Financial Leaders’ Investment Summit 2026

Dutch asset manager Robeco planning to expand presence in Hong Kong

Wealth management

Defence or growth? Wealth managers weigh AI exposure in client portfolios

Banking & finance

US asset manager Federated Hermes opens office in Hong Kong

City is a ‘premier wealth and asset-management hub’ crucial to the firm’s long-term growth, executive says.

Firm joins financial institutions including Jane Street and Qube Research & Technologies that have set up offices in Hong Kong since last year. Photo: Shutterstock Images
Firm joins financial institutions including Jane Street and Qube Research & Technologies that have set up offices in Hong Kong since last year. Photo: Shutterstock Images
Wealth management

Why Hong Kong wealth managers want broader access to mainland China’s tech markets

Executives say expanded channels could strengthen wealth business and reinforce city’s role as gateway between mainland and global capital.

Wealth management

‘The race is on’: Swiss bankers nod to Hong Kong’s wealth hub prowess

City combines ‘stability with competitiveness’ as wealthy clients look to diversify not only assets but also where those assets are held.

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Global Financial Leaders’ Investment Summit 2026

Asia to drive Julius Baer’s growth as investors diversify amid US AI risks: CEO

CEO predicts investors ‘over-indexed’ to US equities, dollar will divest to Hong Kong, China, Singapore and Switzerland as tensions rise.

Julius Baer’s global CEO Stefan Bollinger (left) and Julius Baer’s Asia head Jimmy Lee Kong Eng at IFC in Central. Photo: Edmond So
Julius Baer’s global CEO Stefan Bollinger (left) and Julius Baer’s Asia head Jimmy Lee Kong Eng at IFC in Central. Photo: Edmond So
China property

‘Wait-and-see’: Hong Kong property prices drop as interest rates tipped to rise

New residential home sales in the city plunged 5.8 per cent last month, with US$2.38 billion total transactions – a drop of 12.1 per cent.

China stock market

PBOC pledges support for stocks as China’s market slide defies rescue efforts

Central bank governor signals further support for capital market and property sector after recent measures fail to stem losses.

Global Financial Leaders’ Investment Summit 2026

Why Hong Kong’s bridge role matters more than ever in a ‘reglobalisation’ era

Banking leaders say demand for diversification, yuan funding and cross-border capital flows is reinforcing the city’s appeal.

Discussing Hong Kong's role in world finance are (from left) Arthur Yuen of the HKMA, Sergio Ermotti of UBS, Jean Lemierre of BNP Paribas, Ronald O’Hanley of State Street and C.S. Venkatakrishnan of Barclays. Photo: Kit Lai
Portfolio

‘Asia buys Asia’: top bankers pitch Hong Kong as haven for capital diversity

Yuan-denominated assets are becoming increasingly attractive as investors seek to diversify their portfolios amid market volatility.

Hui Zhang, president of the Bank of China, speaks at the Global Financial Leaders’ Investment Summit in Hong Kong on Tuesday. Photo: Kit Lai
Hui Zhang, president of the Bank of China, speaks at the Global Financial Leaders’ Investment Summit in Hong Kong on Tuesday. Photo: Kit Lai
Electric & new energy vehicles

As sales slow, Chinese carmaker courts controversy with overt marketing tactics

Inflated claims and a slang term have seen Chinese automakers in hot water with consumers.

Electric & new energy vehicles

What keeps China’s top carmakers growing as smaller EV rivals face the squeeze?

Sales momentum among leading carmakers contrasts with a domestic market downturn that is accelerating industry consolidation, analysts say.

Wealth management

In Focus | Could New York’s tax-the-rich agenda send its wealthiest residents to Hong Kong?

Analysts say Hong Kong could benefit as New York’s tax debate prompts wealthy families to reassess their options.

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Illustration by Henry Wong
International Property

What would a December rate rise mean for family offices’ property portfolios?

An interest-rate increase would likely only have a short-term impact on family offices’ property investments, industry insiders say.

Japan remains a popular destination for Hong Kong family offices investing in property, analysts say. Photo: Shutterstock
Japan remains a popular destination for Hong Kong family offices investing in property, analysts say. Photo: Shutterstock
Amazon

After brutal sell-off, what comes next for the titans of Big Tech?

Following disappointing quarterly earnings, tech giants face wide-ranging challenges, even as AI revenue builds.

Hong Kong Monetary Authority (HKMA)

Hong Kong banks leave rates unchanged as HKMA warns of uncertainties

Considerable uncertainty remains over interest rates, monetary authority says after following US Fed in keeping base rate unchanged.

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Robotics

Unitree sees quarterly profit jump, but AI investment weighs on core earnings

Unitree reports a 70 per cent revenue jump in the third quarter, but surging research and development costs weigh on core profits.

A Unitree G1 robot enters the ring at a humanoid combat competition in Singapore on October 7. Photo: Reuters
A Unitree G1 robot enters the ring at a humanoid combat competition in Singapore on October 7. Photo: Reuters
Financial regulation

China’s tax bureaus issue disclosure orders amid offshore asset ultimatum

With the 90-day grace period now expired, officials are attempting to spur voluntary reporting of ownership, documentation.

Wealth management

Goldman Sachs steps up Asia hiring as wealthy clients eye US assets for diversification

Wall Street investment bank’s global co-head of wealth management says it is ‘very committed to hiring more advisers in the region’.

International Property

Sri Lanka’s property boom gives Chinese developers hope. But old risks linger

Colombo’s luxury property rally is drawing fresh interest from Chinese-backed developments, but analysts warn against speculative excess.

Speculative excess may lead to a boom-to-bust scenario, particularly in a country like Sri Lanka where regulation remains uneven, according to analysts. Photo: Getty Images
Insurance

Hong Kong life insurance sales up 58% in first half but tax headwinds remain

Beijing’s enforcement of taxes on overseas insurance gains will lead some mainland customers to ‘think twice’ before buying, says broker.

Shoppers seen on Canton Road in Tsim Sha Tsui. Mainland visitors remain a driving force for the insurance market in Hong Kong. Photo: Yik Yeung-man
Shoppers seen on Canton Road in Tsim Sha Tsui. Mainland visitors remain a driving force for the insurance market in Hong Kong. Photo: Yik Yeung-man
Bonds

How Hong Kong’s yuan bond market became a key funding source for global banks

Offshore yuan issuance jumps 68 per cent as US banks tap Chinese capital, making it their third-largest funding currency, report says.

Wealth management

China targets offshore trusts in widening push for taxes

Wealthy individuals faced a Thursday deadline to make tax payments tied to offshore trusts as a grace period came to an end.

Wealth management

China eases uncertainty over offshore trust taxes before grace period ends

New guidance exempts some offshore stock incentive trusts after an executive ‘successfully’ appeals tax treatment.

A 90-day grace period before mainland China’s new tax rules on offshore trust gains are enforced expires on Thursday. Photo: Dickson Lee
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