HSBC China multi asset fund
HSBC Global Asset Management is launching a multi-asset China-focused fund that will partly invest through the Hong Kong-Shanghai stock connect.
Hong Kong Shanghai stock connect to launch
Authorities in Hong Kong and China have approved the launch of the Hong Kong-Shanghai stock connect pilot scheme, setting the start date for November.
BNY Mellon rollout discretionary business
BNY Mellon Wealth Management intends to launch "comprehensive discretionary investment and wealth management services to high net worth individual investors" after receiving approval from Hong Kong's regulators, the bank said.
Funds start buying into Alibaba
Just over one month after Alibaba’s $25bn IPO on the NYSE, the largest in history, five funds registered for sale in Asia have made the Chinese ecommerce giant a top 10 holding.
Hong Kong suspends DBS Vickers broker
Hong Kong's regulators have suspended the licence of a broker formerly at DBS Vickers, the securities arm of DBS Bank, for breaching internal control policies.