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In an announcement made earlier this week, Juwai IQI stated about the launch of juwai.asia which will ...

 In its China life insurance joint venture, HSBS Holdings enters to buy the remaining 50%  stake to fully own the company as China gears up its markets by removing foreign ownership  restrictions on foreign funded insurance companies.   This agreement will help HSBC to expand its mark in China, as part of CEO Noel Quinn’s plan  to boost the company’s business and enhance its investments and capital to Asia. In a  statement, Quinn tells that they are trying to make steps in their growth strategy, despite the  coronavirus pandemic, and that the transaction will help boost the ambition of accelerating  growth in their Asian franchise and further extend their capabilities in wealth.   As part of its broad overhaul announced earlier on February, HSBC, Hong Kong had turned its  focus on growth markets such as mainland China and Hong Kong.   After U.S. and Japan, China’s insurance comes third with an estimated $318bn in premiums,  and with current reforms in ownership restrictions, HSBC joins the list of companies as foreign  fully-owned insurers in mainland China. China opened its asset-management markets for wider  foreign firms and companies on April 1st this year despite the ongoing Covid-19 crisis.   

Amidst the Covid-19 pandemic, as governments scramble to save economics, People’s Bank of China frees up $56 billion (400 ...

According to the Emerging Trends in Real Estate Asia Pacific 2019, the lion city Singapore is ...

China supplied 1 trillion yuan for special sovereign bonds to complete the sales. China is considering ...

The largest mobile wallet and e-payments platform in the Philippines, GCash is preparing for an IPO ...

Cambodia is pushing for an infrastructural renaissance; however, it will require some assistance from other countries ...

Despite exemplary discoveries in 2014, no amount of considerable work has been done on the canal ...

Wall Street’s stumble overnight is sending shockwaves across the markets. The Asian financial markets are reacting ...

Japan's Nikkei 225 reached a new high of around 41,000 on March 22, 2024, due to ...