Selena Li
Stories by Selena Li
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.
Schroders looking to sell Indonesian unit with $4b in assets
The plan is fuelled by Schroders' CEO Richard Oldfield looking to trim underperforming units.
Eight years on, HSBC pulling back from China credit card business
The Asia-focused bank has stopped issuing new cards.
Beijing pledges to open up markets, support HK as global hub
It will support Hong Kong in bolstering its credentials as a global financial hub.
HKEX profit tops estimates as volume jumps on China stimulus, global rate cuts
The bourse's nine-month revenue and profit were its second-best ever.
Fidelity International to cut 500 jobs in China
The entity, established in 2011, had 574 employees as of end-2023, an official business record shows.
Hong Kong regulators set to fast-track company listings
There is currently no set timeframe to approve or reject an application.
HSBC probes China Pinnacle wealth business on costs and control
The lender is looking at staff salary structures and probing whether suppliers inflated expenses.
China’s Haitong Securities agrees to be bought by Guotai Junan via share swap
Haitong and Guotai Juan are controlled by companies running state assets for the Shanghai government.
Chinese fund manager asks staff to return pay from past 5 years in excess of new cap
China Merchants FM wants executives to repay income beyond the $421,330 limit.
