Selena Li
Stories by Selena Li
HSBC China’s top wealth manager reassigned in leadership reshuffle
Sun has been appointed managing director for strategic projects at IWPB - a newly created role.
UBS to sell India wealth business to 360 ONE in $36m deal
UBS will buy a 5% stake in 360 ONE worth about $223m.
China mulls opening $520b ETF market to Western market makers
Over the last two years, China has issued more licences to boost domestic market makers.
US investment manager VanEck returns to China with new private fund unit
This comes two years after VanEck aborted a plan to set up a mutual fund unit in China.
Hong Kong set to benefit most from capital flows out of China: HKMA
HK is planning to make a wealth connect programme with China's Greater Bay area less restrictive.
Alibaba to resume hiring on renewed tech sector confidence
He said China’s entrepreneurs showed renewed confidence after meeting President Xi Jinping.
BofA cuts 16 investment bankers in Hong Kong in global trim: report
The reductions mainly targeted junior positions.
HSBC cutting staff numbers by 900 at China Pinnacle unit
Pinnacle was launched in 2020 to sell insurance and fund products via a digital platform in China.
UK-based Abrdn to launch asset management JV in China with Citic unit
The discussions follow a warming in British-Sino relations.
HSBC investors back CEO’s investment banking retrenchment
Four major HSBC shareholders back its decision to cut M&A and ECM teams, focusing on Asia.
