U.S. stocks jump at the open as Wall Street closes out week, month and quarter

Your ads will be inserted here byEasy Plugin for AdSense.Please go to the plugin admin page toPaste your ad code OR Suppress this ad slot. U.S. stocks jump at the open as Wall Street closes out week, month and quarter U.S. stock benchmarks on Friday opened with solid gains, led …

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Hong Kong stocks gain for 10th session, longest winning streak in over 5 years

Your ads will be inserted here byEasy Plugin for AdSense.Please go to the plugin admin page toPaste your ad code OR Suppress this ad slot. Hong Kong stocks gain for 10th session, longest winning streak in over 5 years Property companies see sharp gains on a positive profit outlook, offsetting …

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Hong Kong stock exchange is no stranger to listings like Spotify IPO

Hong Kong stock exchange is no stranger to listings like Spotify IPO I feel that several assertions in Steven Vines’ column about the Spotify IPO need to be corrected (“Spotify’s IPO was a success. Never mind that it’s a loss-making company”, April 18). First, the concept of a “DIY listing” …

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Beijing sends a signal with appointment of Huang Hongyuan as chairman of Shanghai Stock Exchange 

Beijing sends a signal with appointment of Huang Hongyuan as chairman of Shanghai Stock Exchange  Huang’s appointment signals Beijing’s commitment to attracting technology companies and broadening links with international markets Veteran securities regulator Huang Hongyuan has been appointed chairman of the Shanghai Stock Exchange, signalling Beijing’s commitment to attracting technology companies …

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Myanmar opens first stock exchange; wait till after Chinese New Year to trade in Yangon Stock Exchange

Myanmar opens first stock exchange; wait till after Chinese New Year to trade in Yangon Stock Exchange New bourse could help the newly elected government, run by Aung San Suu Kyi and her NLD party, tackle hulking state-owned enterprises. Myanmar officially launched its first modern bourse on Wednesday, but without …

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AIA enters insurtech arms race with snappy 3-minute-to-buy online platform

AIA enters insurtech arms race with snappy 3-minute-to-buy online platform AIA, the largest life insurer in Hong Kong in terms of market share, has launched a new online sales platform that will enable customers to buy insurance products in three minutes, the company announced on Tuesday. The development comes in …

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Moody’s raises view on China life insurers as regulatory tightening cuts risk

Moody’s raises view on China life insurers as regulatory tightening cuts risk A government crackdown on the practice of issuing short-term policies for financial gain is improving the industry’s creditworthiness, the agency says Moody’s Investors Service has raised its outlook on the life insurance industry in China, citing a lowering of …

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AXA to boost health insurance products in Hong Kong, launch digital insurance platform

AXA to boost health insurance products in Hong Kong, launch digital insurance platform Most Hongkongers get medical insurance through their employer or as an add-on to life policies – AXA wants more to buy cover as a stand-alone product French insurer AXA plans to invest HK$200 million (US$25.48 million) on …

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China is considering an ‘insurance connect’ that would lower barriers to Hong Kong insurers, enable local offices to process claims

China is considering an ‘insurance connect’ that would lower barriers to Hong Kong insurers, enable local offices to process claims Hong Kong authorities are working with their mainland counterparts to establish a special channel for the marketing, sale and processing of insurance products, using a model pioneered in the Stock …

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China is shifting the green bond market with “green financing”

China is shifting the green bond market with “green financing” President Xi Jinping endorsed green finance yet again last week, this time on the country’s biggest stage at the twice-a-decade Communist Party congress. Meanwhile, Hong Kong’s de facto central bank is reportedly planning to issue a green bond next year …

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