China
Bank of East Asia taps Bi Ming-qiang as deputy chief executive
Bank of East Asia taps Bi Ming-qiang as deputy chief executive
He brings 27 years of experience in the banking sector.
Prudential Hong Kong fast-tracks billing services in 2 Chinese hospitals
Patients can apply for pre-approval of medical expenses.
Renewable energy segment boosts Towngas Smart Energy’s H1 earnings
Its core operating profit also leaped over 50%.
China Everbright Water’s H1 net profit down 8% to $581.15m
Direct and operating costs jumped 25%.
Bank of Singapore HK names ex-chief of Credit Suisse HK as its new chief executive
Rickie Chan succeeds Cindy Wong, who will serve as advisor until 31 May.
Ping An’s profit dips in Q1’24
Earnings per share were down 4.6% for the quarter.
China Carbon Neutral releases action plan for large-scale green energy
The plan covers 100 GW of photovoltaic power, 100 GW of wind power and 100 GWh of storage.
Citi sells onshore consumer wealth portfolio to HSBC Bank China
The transaction is estimated at $3.6b.
Ping An makes management shifts, names Xiaotao as co-CEO
The former co-CEO has resigned due to personal reasons.
Mastercard enables China visitors payment option through WeChat Pay
Inbound cross-border travel to China improved to around 50% of 2019 levels.
Hang Seng China unfolds cross-boundary wealth management centre in GBA
It is the first cross-boundary wealth management in China.
Standard Chartered clinches approval to set up securities firm in China
It will receive an initial capital injection of over $155m.
Resilience and agility are the competitive edge you need in sustainability: Deloitte Partner
Falcon Chan noted that digitisation is the key to unlocking net-zero for the industry; traditional labour-intensive factories are compelled to transform or get left behind.
Dah Sing Bank partners with Japan’s Norinchukin to promote Japanese food, agri products
Dah Sing’s board has also appointed Junji Mori and Yuichi Tashita of Norinchukin as managers.
Lukfook’s attributable profit rises 36.9%YoY in 2022
It saw a record revenue growth of 32.5%.
Ben Huang foresees shift to digitalisation, high-quality production for China businesses
International market expert identifies key considerations in choosing the China International Awards winner
Jason Yau focuses on tech criteria in Chinese International Awards 2021
RSM regional leader foresees Chinese firms embracing the shift to more consumer-oriented model and gaining new skill sets.
Commentary
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