Zhang Ziyu

Although details have yet to be revealed, the announcement indicates Beijing is shifting its financial regulatory system to a “twin peaks” model similar to that adopted by countries such as the United Kingdom and Australia.

China’s financial shake-up shows policymakers’ growing focus on stability, risk

THE sweeping overhaul of China’s financial regulatory system unveiled on Tuesday (Mar 7) underscores the government’s growing focus on maintaining financial stability...

Hong Kong only set up a specialised family office task force in June 2021 – two years after Singapore set up its own – but is stepping up efforts and plans to roll out a tax concession for investment profits earned by single family offices.

Hong Kong steps up efforts to lure billionaires to set up family offices

HONG Kong officials are planning roadshows across the Middle East, Europe, South-east Asia and the Chinese mainland to lure the super-rich to...