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Headline News

Hong Kong Life leverages combined resources of partners to compete with larger rivals

2016-09-23 scmp
Hong Kong Life, a joint venture life insurance company owned by five financial firms, is drawing particular takeover interest thanks to its business portfolio and bank branch network. Its corporate history can also illustrate how a group of smaller lenders can join hands to compete with bigger players.

China Markets Live - Shanghai stocks tumble below 3,000 for first time in four months; Hong Kong rally fades

2016-01-16 scmp
Shanghai markets shrug off better-than-expected Chinese trade data; offshore yuan stabilises after PBOC intervention