China mulls allowing citizens to invest in overseas stocks (2024)

Regulators will also consider amending rules to allow Chinese citizens to participate in stock incentive plans of companies listed overseas. Leave a comment Last month saw Citi's Julie Koo take on a broader role, while Morgan Stanley announced cutting hundreds of jobs in its wealth division. Exclusive: Former senior Kotak private banking exec launches wealth firm Brookfield Oaktree Wealth Solutions partners SMBC in Japan push Exclusive: LGT nets two Greater China bankers from Morgan Stanley PWM Hong Kong to enhance family office tax breaks Asia last in ultra-rich population growth rankings in 2023 StashAway expands HNW offering to Hong Kong PRIYANKA BOGHANI & JAMES PHILLIPPS, CITYWIRE ASIA Editors’ Picks The bond fund's turnaround powered by AT1s and Indian HY Kotak Private Banking's Jyotsna Singh on taking the lion’s share of client wallets Eightstone's COO on steering the ship post-merger Julius Baer India raises over $36m for first India equity fund Singapore extends and revises family office tax rules in Budget 2024 DBS focuses on wealth continuum in Thailand, trims brokerage business Exclusive: Credit Suisse's private banking vice chairman departs Private Banking Hello, goodbye: Top private banking moves in February Last month saw Citi's Julie Koo take on a broader role, while Morgan Stanley announced cutting hundreds of jobs in its wealth division. Citibank Singapore’s Holland Village wealth centre opens its doors Exclusive: Citi’s Julie Koo takes on expanded role GBA investors tipped not to take up raised WM Connect quota StanChart records $14bn wealth inflows as it announces strategic overhaul Investments Brookfield Oaktree Wealth Solutions partners SMBC in Japan push The alternatives distribution firm has inked a deal with SMBC Nikko Securities to offer the Brookfield Reit to Japanese investors. EQT raises $24bn for PE flagship boosted by private wealth interest Nvidia touches $2tn market value: a boon for private banks? Goldman and Mubadala sign $1bn Asian private credit partnership Eastspring hires second CIO from HSBC in two and half years CEO Captains A clear Asia strategy that involves onshore focus and organic growth has allowed Lombard Odier to stay nimble in vast uncertainty, its Asia regional head tells Citywire Asia. Read now > UOB's Chew Mun Yew says 'the giant is awakening' Michael Blake goes for growth CIO Views Julius Baer tells clients ‘don’t sell tech’ The Swiss private bank believes US equities could deliver double-digit returns in the next two years, powered by AI, and it remains positive on Japan and India. StanChart WM tells clients to cut US equity exposure Private bank CIOs ill at ease using semi-liquid funds Indosuez WM ups rate cut forecasts, backs US and EM equities Elections, Japan bull & quantum computing: At Bank of Singapore's outlook event ESG Deutsche's Eigendorf says banks must engage heavy-polluters Net-zero pathways are early stage and will need refining over time, but Deutsche has now attached decarbonisation conditions to more than half its corporate loan book, said chief sustainability officer Joerg Eigendorf. ESG funds see record liquidations in 2023 SEC fines DWS $19m for 'materially misleading' ESG statements Temasek Trust unveils philanthropy schemes to enhance ecosystem and talent AVPN hires banking veteran as impact investing chief