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Hong Kong Wealth Management Monthly Report

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Hong Kong Wealth Management Monthly

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14 OctWed
  1. News Search: Hong Kong Insurance Authority22

    The Hong Kong Insurance Authority prohibits 6 individuals from working as insurance intermediaries for violating anti-money laundering and counter-terrorist financing control measures.

    The Hong Kong Insurance Authority has prohibited 6 individuals from serving as insurance intermediaries, as they were involved in violating anti-money laundering and counter-terrorist financing control measures. This disciplinary action was taken by the Hong Kong Insurance Authority, and specific details of the violations and the duration of the penalty have not been disclosed in public information.

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  2. News Search: Hong Kong Insurance Authority21

    PICC Property and Casualty Issues First Sidecar Insurance-Linked Security in Hong Kong, Totaling USD 12 Million

    PICC Property and Casualty Company Limited issued the first sidecar insurance-linked securities in Hong Kong, with a total issuance amount of USD 12 million. This security belongs to the insurance-linked securities category, and the issuance adopts a sidecar structure.

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  3. News Search: Hong Kong Insurance Authority30

    Hong Kong's Financial Services and the Treasury Bureau Welcomes PICC P&C's Issuance of the First 'Sidecar' Insurance-Linked Security in Hong Kong

    Hong Kong's Financial Services and the Treasury Bureau publicly welcomed PICC P&C's issuance of the first 'sidecar' insurance-linked security in Hong Kong. This event, reported by the Hong Kong Commercial Daily, is a landmark development in Hong Kong's insurance-linked securities market.

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13 OctTue
24 SeptThu
  1. Prudential: Press Releases16

    Prudential Appoints Naveed Irshad as Regional CEO for Indonesia, Philippines and Africa

    Prudential announced on September 24, 2026 the appointment of Naveed Irshad as Regional CEO for Indonesia, Philippines and Africa, effective October 26, 2026. Naveed will also be responsible for the Group's health and product business, join the Group Executive Committee, be based in Hong Kong and report to Group Chief Executive Anil Wadhwani. Naveed has over 30 years of experience in the insurance and financial services industry, previously worked at Manulife, and served as President and CEO of Manulife Canada.

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  2. Prudential: Press Releases26

    Prudential Singapore CEO Chan Shih-shan Transferred to Newly Created Chief Partnership Officer Role at Amundi Asset Management; Former CFO Andreas Rosenthal to Serve as Interim Singapore CEO

    Prudential announced that Chan Shih-shan, CEO of Prudential Singapore, will transfer to the newly created role of Chief Partnership Officer at its asset management arm, Amundi Investment, effective September 28. She will be based in Singapore, report to Amundi CEO Rajiv Mittal, and join its executive management committee. Chan will lead efforts to strengthen collaboration between Prudential’s life insurance business and Amundi, developing investment, wealth, and retirement solutions for Asian clients. Former Prudential Singapore CFO Andreas Rosenthal will serve as interim CEO of Prudential Singapore effective September 28, while the search for a permanent CEO continues.

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16 SeptWed
  1. Hong Kong Inland Revenue Department: Latest News45

    The Chief Executive's 2026 Policy Address (Part 6)

    The Hong Kong SAR Government has announced Part 6 of the Chief Executive's 2026 Policy Address, focusing on the development of the Northern Metropolis. The Northern Metropolis will take university towns as its core, planning to develop three university towns in San Tin, Hung Shui Kiu, and Ta Kwu Ling, with a total planned area of over 1,000 hectares, creating a development pattern that integrates education, technology, industry, talent, and livability. The three university towns will respectively focus on medicine and life health technology, higher education for intelligent manufacturing applications, and art and blue-green integrated development, with supporting promotion of related industries and research carrier construction.

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12 SeptSat
  1. EDGAR 6-K:Manulife Financial11

    Manulife Financial Submits 6-K Foreign Issuer Report to the U.S. Securities and Exchange Commission

    Manulife Financial filed a 6-K foreign issuer report with the U.S. Securities and Exchange Commission on September 11, 2026, for the reporting period ending September 11, 2026. This filing includes the main 6-K document and Exhibit EX-99.1, with the complete submission file number 0001193125-26-388875.

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11 SeptFri
10 SeptThu
  1. Prudential: Press Releases17

    Prudential maintains second place in the 2026 global MDRT rankings, with first-time qualifiers in Asia and Africa up 14% year-on-year

    Prudential maintained second place in the 2026 global MDRT rankings for multinational companies, with first-time qualifiers in Asia and Africa up 14% year-on-year. Its Indonesian market has ranked first locally for more than a decade, Hong Kong rose to third globally and second locally, Singapore led locally in TOT qualifiers, and Africa is the only insurance company to have entered the MDRT global top 100 company rankings in the past three years. Mainland China MDRT qualifiers grew 40% year-on-year in the first half of 2026, and Prudential recently established an MDRT advisory committee covering 11 agency markets to drive improvements in agency professionalism.

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3 SeptThu
  1. EDGAR 6-K:Manulife Financial10

    Manulife Financial Submits 6-K Foreign Issuer Report to the U.S. SEC

    Manulife Financial submitted a 6-K foreign issuer report to the U.S. SEC on September 3, 2026, for the reporting period of September 2, 2026, and the document was accepted by the SEC on September 2, 2026. This submission includes the 6-K main document and EX-99.1 exhibit, with complete submission text number 0001193125-26-380511.

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27 AugThu
  1. Prudential: Press Releases26

    Prudential announces its 2026 first interim dividend

    Prudential announced its 2026 first interim dividend of 8.88 US cents per share. Registered shareholders in the UK and Hong Kong may elect to receive the dividend in pounds sterling, Hong Kong dollars or US dollars, with the deadline for US dollar elections on 2 October 2026. The ex-dividend date is 10 September 2026, with payment dates of 22 October 2026 for holders of Hong Kong, UK and US depositary receipts, and approximately 29 October 2026 for Singapore shareholders. The dividend is offered with a scrip dividend alternative, applicable only to Hong Kong-listed shares; UK registered shareholders may elect for a dividend reinvestment plan in lieu of the scrip dividend.

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  2. Prudential: Press Releases36

    Prudential plc Announces 2026 First Half Results

    Prudential plc (HKEX: 2378, LSE: PRU) announced its half-year financial results ended 30 June 2026. New business profit grew 8% year-on-year to US$1.384 billion at constant exchange rates, and operating free surplus increased 15% year-on-year to US$1.791 billion. The Group added approximately US$300 million to its 2026 share buyback programme on top of the original US$1.2 billion, and raised its first interim dividend by 15% year-on-year to 8.88 US cents per share.

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  3. MPFA: Press Releases34

    Hong Kong's HKMA, SFC, IA and MPFA jointly announce the first batch of selected participants for the Generative AI Sandbox++

    Hong Kong's HKMA, SFC, IA and MPFA, together with Hong Kong Cyberport, have announced the first batch of selected participants for the Generative AI Sandbox++. 36 use cases were selected from nearly 100 proposals, involving 30 financial institutions and 27 technology partners, focusing on agentic AI application testing. The selected use cases will cover end-to-end processes such as customer account opening, payments, and insurance claims, and will subsequently test AI's ability to dynamically supervise other AI applications.

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26 AugWed
  1. Prudential: Press Releases21

    Prudential Announces Plan to Sell Up to 2.0% Stake in ICICI Prudential Asset Management to Meet India’s Public Shareholding Requirements

    Prudential Corporation Holdings Limited, a subsidiary of Prudential, plans to sell up to 2.0% of its stake in ICICI Prudential Asset Management Company Limited on the open market on August 27, 2026, to help the company meet India’s required minimum public shareholding of 15%. Following the completion of the sale, Prudential Corporation Holdings Limited will retain a 32.6% stake in the company, and its governance rights in the company will remain unchanged.

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20 AugThu
  1. Prudential: Press Releases13

    Prudence Foundation, the community investment arm of Prudential, launches free financial education app Levela

    Prudence Foundation, the community investment arm of Prudential, has launched Levela, a free financial education app designed to provide practical financial literacy courses for Gen Z young people across Asia and Africa. Available on web and mobile platforms with an offline version, the app covers topics including budgeting, saving, debt management, insurance, financial planning, and fraud prevention. It supports 6 languages, including a Sharia-compliant Malay version.

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  2. Prudential: Press Releases22

    Prudential India Health Insurance officially commences operations, entering India's fast-growing health insurance market

    Prudential India Health Insurance, established with a 70:30 shareholding structure between Prudential and the HCL Group, has officially commenced operations, marking Prudential's entry into the Indian market with a standalone health insurance business. The company received its certificate of registration from the Insurance Regulatory and Development Authority of India on 1 July 2026, and operates through a network of more than 12,000 hospitals and an omni-channel service model. India's gross written premium in health insurance for fiscal year 2026 was approximately US$16 billion, indicating substantial market growth potential.

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5 JunFri
  1. Prudential: Press Releases18

    Prudential Foundation partners with UK National Innovation Centre for Ageing to advance longevity initiatives, supporting the development of the silver economy in China and the UK

    Prudential Foundation, the community investment arm of Prudential, signed a cooperation agreement with the UK National Innovation Centre for Ageing (NICA) during the UK Foreign Secretary’s visit to China. Leveraging NICA’s "Longevity Cities" framework, the partnership will roll out healthy ageing centers in multiple Chinese cities (including Beijing) through the "AI Health Project", introducing UK ageing innovation outcomes to provide free support for local communities. This collaboration will promote knowledge exchange and technology implementation between China and the UK in the ageing sector, helping older adults in both countries lead healthier, more fulfilling lives, while creating opportunities for UK enterprises to expand into China’s silver economy market.

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2 JunTue
29 MayFri
18 MayMon
17 MaySun
  1. Prudential: Press Releases27

    Prudential Group restructures India business through acquisition of controlling stake in Bharti Life Insurance

    Prudential Group has announced its intention to acquire a 75% stake in India-based Bharti Life Insurance to restructure its business layout in India. The initial cash consideration for the transaction is INR 35 billion (approximately USD 389 million), and final completion is subject to regulatory approvals and other conditions.

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8 MayFri
30 AprThu
29 AprWed
  1. Prudential: Press Releases28

    Prudential announces business performance update for Q1 2026

    Prudential has released its business performance for Q1 2026 (as of March 31). At constant exchange rates, new business profit reached USD 686 million, up 10% year-on-year; APE sales hit USD 1.823 billion, up 6% year-on-year; and new business margin improved by 2 percentage points to 38%. All business segments delivered growth, with double-digit new business profit growth in Hong Kong, Mainland China, and Malaysia. The group launched a USD 1.2 billion share buyback program in January 2026, repurchasing approximately 20 million shares in Q1 for a total consideration of USD 312 million.

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16 AprThu
13 AprMon
  1. Prudential: Press Releases15

    Prudential Group appoints new leadership for Prudential Health India business

    Prudential Group has announced the appointment of Amit Dave as Chief Executive Officer and Managing Director of Prudential Health India (subject to regulatory approval), and Abhishek Saraf as Chief Operating Officer. Amit Dave succeeds outgoing Amar Joshi and brings over 20 years of insurance industry experience. The two will drive the development of Prudential’s health business in India, including securing regulatory approvals and building differentiated health products.

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18 MarWed
  1. Prudential: Press Releases26

    Prudential announces second interim dividend for 2025

    Prudential has declared a second interim dividend of 18.89 US cents per share for 2025. UK and Hong Kong registered shareholders will receive dividends in GBP and HKD respectively by default, with an option to receive dividends in USD. The deadline for USD election is April 21, 2026; the corresponding GBP and HKD amounts per share are expected to be announced on April 28, 2026. The ex-dividend date is March 26, 2026, and the dividend payment date is May 13, 2026. A scrip dividend option is available for this dividend, applicable only to Hong Kong-listed shares, while UK registered shareholders may opt for the Dividend Reinvestment Plan.

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  2. Prudential: Press Releases18

    Prudential research finds financial well-being in Asia declines gradually with age

    Prudential has released its inaugural Asia Financial Well-being Index, surveying 7,707 adults aged 18-60 across 8 Asian markets, with an overall score of 58.9 out of 100. The 18-35 age group scored highest at 59.8, while the 50-60 age group scored lowest at 57.7, showing a gradual decline with increasing age. Vietnam ranked first in the region with a score of 65.1, while Hong Kong ranked last at 52.5. Only 18% of respondents believe they have access to the financial services needed to achieve financial success.

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