Selena Li
Stories by Selena Li
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.
Citadel Securities applies for securities licence in China
In 2023, the US firm had hired ex-BlackRock exec Tony Tang to head its China operations.
Citigroup names Jeff Wu as China markets sales head
The appointment would unite Citi's offshore and onshore teams for the first time.
China introduces new rule to tighten scrutiny on foreign accounting firms’ domestic operations
Beijing imposed a record fine of $60 million on PwC in September.
Goldman Sachs gets licence to sell funds in China
The CSRC granted rival U.S. investment bank Morgan Stanley a futures licence in China last month.
