Category: Uncategorized

Feb 09 2023

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HSBC putting China’s interests above exiled Hong Kong customers, UK lawmakers say

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British lawmakers have accused HSBC of mistreating customers who have fled Hong Kong in the wake of China’s anti-democracy crackdown, to protect the bank’s profits and curry favour with the...

Feb 09 2023

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UK MPs and peers find HSBC complicit in Hong Kong human rights abuses

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Bank sided with China in denying pension payouts to people who fled crackdown, says all-party group …

Feb 08 2023

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Hong Kong office rents dip 0.4% in December

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Meanwhile, the vacancy rate increased to 12.1%. According to a JLL report, the overall net absorption in Hong Kong’s office market was -116,900 sq ft in December due to limited...

Feb 08 2023

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Hong Kong property: cash is king as rate hikes, capital depreciation raise the bar on investment returns

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Hong Kong’s economic troubles and higher bank … many stunned by steep losses in the equity and bond markets and erosion in their pension funds. China’s zero-Covid curbs contributed to...

Feb 08 2023

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Hong Kong transgender men win appeal over status change

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Hong Kong’s top court ruled Monday that full sex reassignment surgery should not be a prerequisite for transgender people to have their …

Feb 08 2023

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Canada Pension Plan CEO John Graham predicts ‘alpha’ investors will outperform in the next decade

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With 2023 shaping up to be another volatile year for investors, Canada Pension Plan Investment Board chief executive John Graham is in a picky mood. The CEO of the $529-billion...

Feb 08 2023

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Insurance Stocks’ Q4 Earnings on Feb 8: RE, LNC & More

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Better pricing, exposure growth, solid retention, favorable renewals, reinsurance agreements and accelerated digitalization in the fourth quarter are likely to have benefited insurance industry …

Feb 04 2023

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World’s largest pension fund posts fourth straight quarterly loss

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Japan’s massive public pension fund continued its longest ever losing streak, reporting on Friday a $14.2 billion loss for the third quarter, its fourth straight quarter of negative returns.

Feb 03 2023

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French officials say 1.27 million protested pension reforms

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An estimated 1.27 million people took to the streets of French cities, towns and villages Tuesday, according to the Interior Ministry, in …

Feb 03 2023

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Seventh-day Adventist Church sets up dual-structure “first of its kind” platform in Hong Kong

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Asset management veteran Jimmy Pun is helping the Seventh-day Adventist Church’s nonprofit charitable foundation to set up a platform for charity and retirement protection in Hong Kong, a dual …