Hong Kong
Aviva to sell 60% of Hong Kong life business in digital venture
British insurance giant Aviva has agreed to sell two thirds of its Hong Kong life business to Chinese tech firm Tencent and private equity firm Hillhouse Capital in a deal that will see the unit transform into a digital insurer.
Value Partners fined HK$4m for regulatory breaches
The Hong Kong Securities and Futures Commission (SFC) has fined asset manager Value Partners and its subsidiary Value Partners Hong Kong HK$4m (£412,479, $515,644, €479,669) for breaching regulations in the management of two SFC-authorised funds.
HK investors prefer commission-based model, survey finds
Investors in Hong Kong still prefer a commission-based charging structure when it comes to paying for wealth management services, while their mainland Chinese counterparts are increasingly opting for a fee-based model, according to the Hong Kong Investment Funds Association (HKIFA).
US signs cross-border cooperation agreement with Hong Kong
The US Securities and Exchange Commission (SEC) has entered into a memorandum of understanding on cross-border cooperation with the Hong Kong Securities and Futures Commission (SFC).
The 2017 FSA Fund Award winners are…
Here are the Hong Kong winners of Fund Selector Asia’s third annual fund management awards.