Alfred Liu

China’s ultra-rich prompt Haitong to build Hong Kong private bank

Haitong seeks to draw more of the nation’s growing ranks of multi-millionaires to its wealth management business.

HNA faces leery banks as refinancing for Hong Kong project looms

At least 4 out of 8 banks have decided not to renew credit and don’t intend to extend fresh loans.

HK startup TNG Fintech eyes $500m valuation, seeks to close funding round

The firm has attracted almost $60 million in the series A round

WeWork said to be in talks to expand in Hong Kong bar zone

WeWork’s expansion in HK comes as soaring office rents have pushed some financial firms, hedge funds out of the financial district.

Chinese tycoon-backed Mason plans acquisitions for wealth unit

The company operates a brokerage and a healthcare business.

China’s UCF Group backs $914m deal for HK insurer

China UCF Group Co., the conglomerate led by businessman  Zhang Zhenxin, is backing the acquisition of Hong Kong Life Insurance Ltd. in a deal valuing the insurer at HK$7.1 billion ($914 million). Hong Kong Life’s owners, including Chong Hing Bank Ltd. and Oversea-Chinese Banking Corp., agreed to sell their holdings… Read more »

China: UCF consortium in late-stage talks to buy Hong Kong Life Insurance Ltd

UCF is in late-stage discussions with Hong Kong Life’s owners.

Credit China FinTech in talks with ‘multiple’ cos, says more deals coming

It is in talks with “multiple” financial-services companies.

Top Malaysia pension fund EPF to invest more in PE, realty to boost returns

The EPF is constantly on the lookout for property assets in the U.K. as other investors seek to exit after the country voted to withdraw from the European Union. The fund, which has a U.K. property portfolio of over $2.6 billion, is keen to acquire real estate assets in the logistics and health-care sectors.

China’s CreditEase to raise $200m for global PE fund

The fund allows people on the mainland to tap assets overseas, with investments starting from $150,000. KKR & Co. and Blackstone Group LP are among the partners for the product.