Regulation

China wants a 20% cut of offshore trust assets. Wealthy families now have 90 days to find the cash.

First-generation tycoons are putting their empires in jeopardy by failing to plan for their sudden incapacity, leaving a decision-making vacuum for the next generation.

The newly approved fund comes as Hong Kong accelerates its push to become a leading hub for regulated digital assets.

Despite the rapid institutionalisation of private and sovereign wealth in Asia, the region's wealth managers are capturing only a fraction of the available market, says PwC's Paul Pak.

Hong Kong's private banking and asset management sectors broke past records last year as massive cash poured in from mainland China and overseas.

The $10 billion wealth-tech firm is cutting entry barriers and simplifying portfolios to win over the region’s middle-tier investors that premium banking ignores.

The Nasdaq-listed brokerage is adding popular US index options to its app to attract active Hong Kong traders, as it shifts focus towards licensed offshore markets.

Beijing's sweeping crackdown on capital outflows is driving mainland Chinese wealth into regulated offshore channels and handing a windfall to foreign asset managers.

While Hong Kong businesses outspend the global average to build safe testing environments, mainland Chinese companies are pushing AI directly into the workforce to reshape daily operations, DLA Piper finds in its latest research.

Beijing is shutting down a massive offshore channel that mainland investors use to buy global stocks and move capital abroad.

An inflation-stoking shipping blockade in the Strait of Hormuz is rattling private markets, as rising bond yields push billions of fresh capital into liquid fixed-income markets.

The former Manulife distribution chief will lead billionaire Richard Li's private wealth unit.