Category: Korea

Mar 28 2025

Hong Kong, Korea, Mainland, Stocks

Hong Kong lures asset managers Ardian, Arga seeking expansion

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Two investment firms are setting up offices in Hong Kong to attract money from the region, the latest sign of renewed financial activity in the city following government efforts to...

Mar 23 2025

Hong Kong, Korea, Mainland, Stocks

Foreign Secretary confronts HSBC chief over £1bn Hong Kong pensions scandal

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HSBC is under growing pressure to explain its refusal to pay out the savings owed to people who fled Hong Kong to escape a crackdown by the authorities in Beijing.

Mar 23 2025

Hong Kong, Korea, Mainland, Stocks

Ontario Teachers’ to close Hong Kong office amid geopolitical risks and shift to Singapore

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Ontario Teachers’ Pension Plan, the third-largest pension fund in Canada, is shutting down its Hong Kong office as it reduces its exposure to the region amid persistent political risks.

Mar 22 2025

Hong Kong, Korea, Mainland, Stocks

Understanding the Impact of Canceling MPF Offsetting: Key Changes Ahead in May 2025

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The MPF offsetting mechanism enabled employers to offset severance payments or long service payments with the accrued benefits from their mandatory MPF contributions. With the abolition of this …

Mar 22 2025

Hong Kong, Korea, Mainland, Stocks

Canadian pension giant to close Hong Kong office, shift some staff to Singapore

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HONG KONG – Ontario Teachers’ Pension Plan is planning to shut down its Hong Kong office and shift some staff to Singapore as it pares its exposure to China, according...

Mar 21 2025

Hong Kong, Korea, Mainland, Stocks

Ontario Teachers’ Pension to leave Hong Kong amid dearth of deals, geopolitical risks

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Ontario Teachers’ Pension Plan, the third-largest pension fund in Canada, is shutting down its Hong Kong office as it reduces its exposure to the region amid a dearth of deals...

Mar 21 2025

Hong Kong, Korea, Mainland, Stocks

Ontario Teachers’ Pension Plan to close Hong Kong office

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Ontario Teachers’ Pension Plan, Toronto, plans to shut down its office in Hong Kong and wind down operations there over the next 18 months, confirmed a spokesperson for the pension...

Mar 20 2025

Hong Kong, Korea, Mainland, Stocks

Ontario Teachers’ Pension Plan closes Hong Kong office

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The $256-billion pension fund is looking to streamline its operations in Asia by focusing on its offices in Singapore and Mumbai, a spokesperson said …

Mar 20 2025

Hong Kong, Korea, Mainland, Stocks

Regulatory changes boost Hong Kong trust industry

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Hong Kong’s trust industry is well-positioned for further growth amid its easy access to Chinese mainland clients, Asia’s growing private wealth sector, and a robust regulatory environment.

Mar 15 2025

Hong Kong, Korea, Mainland, Stocks

ETFs set to be high on the menu for Hong Kong pension funds

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The eMPF, a digital version of the territory’s Mandatory Provident Fund retirement scheme launched in June 2024 after years of development, with all of Hong Kong’s 24 retirement saving schemes...