Asia
cazenove capital opens office in hong kong
Cazenove Capital Management has opened an office in Hong Kong, its first in Asia, having received licence approval from the Securities and Futures Commission.
sovereign buys china entry specialist jlj group
The Sovereign Group has acquired JLJ Group, an “integrated services provider” in China.
axa to buy 50 stake in chinese insurance firm
Axa has agreed a deal to buy 50% of a property and casualty insurance company in China which it says has “strong direct capabilities”.
ing sells stake in south korean jv
ING has agreed a deal to sell its Korean insurance venture KB Life Insurance Company to its joint venture partner KB Financial Group.
chinese investors buy gold as rest of world
The price of gold may have fallen another $125 per ounce yesterday its greatest one-day loss ever but some retail investors in Hong Kong and mainland China are buying more of it, rather than selling, according to a columnist for the South China Morning Post.