Asia
Hong Kong equities still undervalued after investment surge
Despite a record-setting, multi-day market rally, valuations of Hong Kong stocks are currently low relative to both global equity markets and to the Hong Kong market historical average, according to FE analytics.
Manulife Asia ousts Aviva in 12bn DBS partnership
The Asian arm of Manulife has sealed a $1.2bn deal to sell its insurance products with Singapore bank, DBS, marking the end of the bank’s 14-year partnership with Aviva.
Fresh Stock Connect rule signals boost in China-HK investment channel
A new rule which allows Chinese mutual funds to invest in Hong Kong-listed shares without a domestic institutional investor licence (QDII) is an “important signal” that regulators are eager to boost cross-border trading between the two regions.
RSA sells Singapore and Hong Kong branches
UK-based insurer, RSA Insurance Group, has finalised a deal to sell its Singapore and Hong Kong operations to a global provider for £130m ($193m, €179m).
Life companies to sell advice-free insurance in Singapore
A new rule which allows life companies to sell insurance without commissions and financial advice is about to come into force in Singapore.