Hong Kong
Hong Kong fund managers suffer 10% fall in AUM
Hong Kong suffered a 10% decline in the total AUM of its fund management sector in 2011, an annual survey has revealed, although steps to strengthen its position as an offshore renminbi centre leave the jurisdiction in a good position, says its regulator.
Tax & Regulation | 17 Jul 12
societe generale to repay 11m to customers
French banking giant Société Générale is to repay more than $11m to customers in Hong Kong after the City watchdog reprimanded it for overcharging on certain over-the-counter investment products sold by its wealth management division.
occupy protesters in HK given 2 weeks
Protesters who have been occupying a plaza beneath HSBCs Hong Kong Central district headquarters have been given two weeks to respond to a lawsuit seeking to be allowed to oust them.
pwc predicts bigger role for hong kong
Hong Kong is set to play an even greater role as a gateway for financial trade between emerging economies and China, according to a report issued today by PwC.
hong kong announces plans to lessen regulatory
Plans to ease the regulatory burden on the private banking sector in Hong Kong to make it more competitive have been announced by HK Monetary Authority chief executive Norman Chan.