China’s power grid equipment sector is set to boom as state-owned utility firms boost spending amid rising electricity demand and a renewed call from Beijing to better incorporate the country’s …
Investment managers view generative artificial intelligence (GenAI) as the “holy grail” to create value, but the availability of data and cultural change are some of the main challenges, according to …
Wealthy residents and visitors in Hong Kong are seeking more investment and wealth-management services, buying more insurance and increasing their spending via debit cards amid the market rally this year, …
BlackRock has added four more Wall Street firms as authorized participants (APs) for its spot Bitcoin ETF. With this addition, the asset manager’s Bitcoin-based fund now boasts a total of …
China’s ultra rich are flocking to Hong Kong as it reaffirms its position as a wealth management and family office hub for Asia, offering significant private banking opportunities, according to …
Citigroup will expand its wealth management business in the Greater Bay Area and rest of Asia from its base in Hong Kong, according to its global wealth head. The US …
New World Development (NWD) has agreed to sell its shopping centre and associated parking spaces in Tsuen Wan to rival Hong Kong developer Chinachem Group for HK$4.02 billion (US$510 million) …
Hong Kong’s most valuable developer Sun Hung Kai Properties (SHKP) topped the city’s sales tables in 2023, accounting for over a quarter of the deal volume at a time when …
New York City and New Jersey residents who are already exasperated by periodic increases in MTA subway fares are going to lack even more options for cheap public transit. Out …
“Outside their home markets, most multinationals have their largest presence in China, and it’s where they have made investments for the long term,” said Colin Banfield, Asia head of M&A …