Fidelity International plans to cut 16% of China fund unit jobs, sources say
The cuts are part of a broader cost-reduction programme launched globally this month, which is expected to save US$125 million and make 9 per cent of its workforce redundant.
What next for Evergrande’s Hui Ka-yan after China slaps penalty and market ban
Evergrande, which has the dubious honour as the world’s most indebted developer with more than US$300 billion of liabilities, stands accused of inflating its revenue in the years leading up to its collapse.
Evergrande, which has the dubious honour as the world’s most indebted developer with more than US$300 billion of liabilities, stands accused of inflating its revenue in the years leading up to its collapse.
Hong Kong private credit bridges gap left by banks’ retreat, lends against property
Private credit lenders are capitalising on businesses’ thirst for generating liquidity from their property assets in Hong Kong, banking on the city’s sound legal system.
Private credit lenders are capitalising on businesses’ thirst for generating liquidity from their property assets in Hong Kong, banking on the city’s sound legal system.
Climate disclosures: region needs more education, best practices exchange
Companies in Asia-Pacific will need education, cooperation with suppliers and exchanges of best practices to meet tightening climate-disclosure requirements, says Alexander Bassen of the Greenhouse Gas Protocol’s Independent Standards Board.
Companies in Asia-Pacific will need education, cooperation with suppliers and exchanges of best practices to meet tightening climate-disclosure requirements, says Alexander Bassen of the Greenhouse Gas Protocol’s Independent Standards Board.
Hong Kong’s family offices are thriving as study shows efforts are paying off
The number of family offices in Hong Kong may have exceeded those established in major financial centres in the region as efforts in the past year to lure foreign capital started to show results.
The number of family offices in Hong Kong may have exceeded those established in major financial centres in the region as efforts in the past year to lure foreign capital started to show results.