Managers of Wealth Asia Pacific

HSBC invests in MediTrust in mainland China and will partner to offer a broad suite of healthcare solutions

HSBC and MediTrust will donate essential medical equipment for elderly in the second and third tier cities.

Philippines launches benchmark-sized global bond offer: term sheet

BofA Securities, Deutsche Bank, Goldman Sachs, HSBC, Morgan Stanley, Standard Chartered Bank and UBS were tapped as joint lead managers and joint bookrunners.

Hong Kong’s eMPF falls behind schedule, contractor PCCW gets warning

“The contractor estimated the whole schedule will be delayed for eight months from the original plan,”

Hong Kong group urges portability of social security benefits across Greater Bay Area

“A greater portability of social security benefits will be needed across the GBA,”

Pan Malaysia Holdings sells stakes in financial advisory, brokerage firms for 90 million ringgit

“Pan Malaysia Holdings does not account for its share of results in Pan Malaysia Capital as its share of losses has exceeded the group’s interest in this associate company,”

Japan Closes the Storybook on Negative Rates

The extraordinary measures taken by central banks were intended to stimulate the economies. Meanwhile, the resulting negative yields, initially seen as a curiosity by investors, became commonplace beginning in 2014.

Indonesia fund management assets drop over 12% as rate hikes roil global markets

The bearish momentum may continue in 2023 as Indonesia’s central bank has room to raise interest rates, according to a fund manager at an Indonesian fund management firm.

Malaysia bourse and statistics department sign pact to share data

“thereby providing us with a unique and comprehensive database to facilitate the development of new products and services to the industry”.

Thailand ETF assets down 5.55% in 2022 as bears pummel stocks and bonds

The fund size of WISE KTAM CSI 300 China Tracker ETF gained the most in 2022 with an increase of 10.69%, while BCAP Mid Small CG ETF suffered the most with a decline of 30.57%

AIA Names English Soccer Star as Ambassador

AIA is committed to accelerating a movement across Asia to engage one billion people to live Healthier, Longer, Better Lives by 2030

Evergrande’s Hong Kong HQ Sale Fails Again

Evergrande’s Hong Kong office has been pledged against a loan of HK$7.6 billion from lenders led by the Hong Kong subsidiary of China Citic Bank.

Taiwan’s BLF funds hit as inflation, rate hikes slam markets

“Global financial markets were affected by the Ukraine-Russia war, inflation risk and global central banks’ rate hikes,” BLF says in a statement on January 3.

Standard Chartered becomes first foreign bank to trade bond futures in China

“We believe that the depth and breadth of global investors’ participation in China’s capital market will continue to increase” as more comprehensive risk management tools become available, its Asia chief executive officer Benjamin

Korea Post, in first mandate of 2023, seeks bids for global equity ETF

Applications are open until January 13 and the winning bidders are expected to be chosen by February 7.

CGS-CIMB begins offering ADDX’s private market deals to all its high-net-worth clients

The partnership is part of a new service called ADDX Advantage that was rolled out earlier this year to serve wealth managers, which includes private banks, brokerages and external asset managers.

Singapore private home prices to rise at slower pace in 2023

Private residential prices will see slower growth and may even correct slightly in the second half of 2023, director and head of research at Colliers Singapore Catherine He said.

Singlife with Aviva is now Singlife

Name change comes a year after S$3.2 billion insurance merger

JGB yields soften after Bank of Japan operations

The BOJ also announced a day earlier that it will hold a two-year pooled collateral operation, aimed at supplying financial firms with easy cash, amounting to US$7.54 billion at a zero per cent interest rate on Jan 4.

Thailand leads Asia-Pacific in digital payment: MasterCard’s survey

Consumers in Thailand lead in the Asia-Pacific region in using digital payment methods, according to MasterCard’s survey results released on December 28.

Open Banking uptake well underway in Australia: Experian

Half of those surveyed already see significant value from Open Banking, while the other half are still trying to determine how to extract the most value from their projects.

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