Category: Korea

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...

Mar 14 2025

Hong Kong, Korea, Mainland, Stocks

Citi Sued by More Ex-Sales Traders Over 2019 Hong Kong Firing

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Three former Citigroup Inc. equity sales traders filed wrongful termination claims against the US bank in Hong Kong this month, after a court in the city ruled that one of...

Mar 13 2025

Hong Kong, Korea, Mainland, Stocks

5 ways Hong Kong would benefit from a universal pension scheme

by News Desk

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Readers discuss why the city should invest in social infrastructure, the advantage of shorter working hours, and the HK$2 fare concession Feel strongly about these letters, or any other aspects...

Mar 12 2025

Hong Kong, Korea, Mainland, Stocks

Jim Banks Introduces Bill to Prevent Pension Plans from Investing in Chinese Companies

by News Desk

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The bill would prohibit American 401 (k)s and other retirement plans from funding companies based in China, Russia, Iran, and other adversarial countries.

Mar 11 2025

Hong Kong, Korea, Mainland, Stocks

Hong Kong urged to review public housing income threshold with new minimum wage

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Many full-time workers will quit their job and take odd jobs to ensure their income will not exceed the application threshold,’ lawmaker Dennis Leung says.

Mar 10 2025

Hong Kong, Korea, Mainland, Stocks

Hong Kong women urged to invest sooner, not just save, with retirement costs expected to reach nearly 70% of their income

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Women in Hong Kong are being encouraged to start investing early to avoid financial difficulties after retirement. Hong Kong Fidelity International head Charlot …

Mar 08 2025

Hong Kong, Korea, Mainland, Stocks

Women in Hong Kong face huge retirement income shortfall, Fidelity study shows

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For nearly half the working women in Hong Kong, their main concern is insufficient income after retiring, according to one of the largest managers of the Mandatory Provident Fund (MPF),...

Mar 07 2025

Hong Kong, Korea, Mainland, Stocks

HK women investors prioritize lower-risk asset options

by News Desk

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Despite stocks being the most popular financial products among women in Hong Kong, they prioritize lower-risk asset options overall, with the top three allocation compositions being cash savings ( 26%...

Mar 07 2025

Hong Kong, Korea, Mainland, Stocks

Alibaba’s Sudden ADR Discount Shows Fear of US-China Decoupling

by News Desk

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Donald Trump’s push to restrict US investments in China is testing what in theory should be an ironclad financial relationship — the tight link between Chinese shares trading in New...