Category: Uncategorized

Jan 03 2023

Uncategorized

State pension will increase in 2023 – how much more will you get?

by News Desk

No Comments

You can unsubscribe at any time. More info The state pension increases every year to help pensioners keep up with rising costs. The next boost will come into effect in...

Jan 03 2023

Uncategorized

Gibson Dunn Advises on APAC’s Largest Direct Lending Fund Formation

by News Desk

No Comments

Gibson Dunn has advised Blackstone-backed Pacific Alliance Group (PAG), an Asia-focussed alternative investment firm, on the formation of the largest direct lending fund raised in the Asia-Pacific …

Dec 22 2022

Uncategorized

Showdown In Hong Kong: PCAOB Declares A Win As China-Based Auditors Open Access

by News Desk

No Comments

At least for now, the delisting clock for Chinese companies has been stopped for three years, according to Gary Gensler, Commissioner for the Securities and Exchange Commission (SEC). The waters...

Dec 19 2022

Uncategorized

Hong Kong’s MPF assets bounce back as markets improve

by News Desk

No Comments

The 450 funds under Hong Kong’s largest public retirement scheme had HK$1.04 trillion (US$133.3 billion) of combined assets at the end of November, up 8.3% from the end of September....

Dec 17 2022

Uncategorized

Departing Hong Kong residents took $378 million from pensions in Q3

by News Desk

No Comments

Covid-19 curbs are partly blamed for a net outflow of 106,955 people from Hong Kong in the first 11 months of 2022. Read more at straitstimes.com.

Dec 16 2022

Uncategorized

Departing Hong Kong residents took US$280m from pensions in Q3, down 16.4% yoy

by News Desk

No Comments

RESIDENTS leaving Hong Kong for good withdrew a total of HK$2.177 billion (S$379.5 million) from their pension accounts in Q3 2022, down 16.4 per cent from a year earlier, government...

Dec 15 2022

Uncategorized

Hong Kong investors in FTX maintain an eerie quiet one month after bankruptcy filing and as founder is arrested in Bahamas

by News Desk

No Comments

Many smaller institutions have remained silent on their exposure to the collapsed cryptocurrency exchange, as founder is arrested in Bahamas.

Dec 08 2022

Uncategorized

In the News: NFTs Deemed Property; CISG Applies to Hong Kong; and China Launches First Private Pension Scheme

by News Desk

No Comments

First Chinese court decision recognizes NFT as virtual property; international commercial law standards take effect in Hong Kong; and China’s private pension sector set for rapid growth …

Dec 06 2022

Uncategorized

Hong Kong’s MPF sees total assets climb back above crucial HK$1 trillion mark after record November gains, members earn HK$20,300 each

by News Desk

No Comments

Compulsory retirement scheme reports a record monthly gain of HK$92.9 billion for November MPF is, however, on track to reporting its first yearly loss since 2018 The total assets of...

Dec 01 2022

Uncategorized

JPMorgan, UBS and Others Vie for Bigger Share of China’s Pension Market

by News Desk

No Comments

Chinese ventures of foreign asset managers including JPMorgan, Warburg Pincus and UBS are gearing up to expand their retirement offerings, as the country officially unveiled a private pension system …