China
Profiles & Comment | 1 Jun 15
Global Horizons: Life trends with Aviva
Chris Wei, chief of Aviva’s global life insurance arm is tasked with driving growth in the Asia region after the firm’s recent mega-merger with Friends Provident International.
China and Hong Kong open the door to cross-border fund sales
Hong Kong and China are to allow cross-border trading of mutual funds from 1 July, increasing the range of fund products available to retail investors in both markets and giving asset managers around the world access to the huge Chinese domestic market.
RSA completes sale of China insurer Sun Alliance
London headquartered-RSA Insurance Group has completed the sale of its China-based business, Sun Alliance Insurance, as it continues to focus on its core markets and “clean up its past weaknesses”.
China opens door further by clarifying ‘beneficial ownership’
The China Securities Regulatory Commission has said Northbound investors buying through the Stock Connect enjoy proprietary rights, clarifying a key outstanding issue for foreign investors.
HEAD-TO-HEAD: BlackRock Asian Dragon vs Investec Asian Equity
China’s central bank announced a cut in its benchmark interest rate on 10 May, the third reduction since last November, in attempt to combat an economic slowdown and relieve deflationary pressures.