Skip to main content
Wealth Updates

Free subscription

Hong Kong Wealth Management Monthly

Leave your email and we will send you occasional editions.

Privacy Policy

Source categories

Insurers & brokerage platforms Latest activity

Announcements and results from insurers such as AIA, Prudential, Manulife, FWD and HSBC, and brokerage platforms such as Futu, Tiger and Interactive Brokers.

313 related updatesLast 30 days 156 itemsFeatured 0 items

Updated

Updates Archive · Page 12 页

18 NovTueIssue 221–240 items
  1. Prudential: Press Releases23

    Prudential Conducts Fixed Income Investor Calls, Plans Benchmark USD Transaction and Refinancing to Redeem Existing Notes

    Prudential has appointed BNP Paribas, HSBC, J.P. Morgan, SMBC Nikko, and Standard Chartered Bank as Joint Lead Managers to conduct a series of fixed income investor calls starting 25 October 2021. Subject to market conditions, a benchmark USD-denominated transaction will be launched, with proceeds intended for general corporate purposes, including the redemption of Prudential's USD 725 million 4.375% Perpetual Subordinated Notes (ISIN: XS1488414464).

    Read original
  2. Prudential: Press Releases45

    Prudential plc Releases 2021 First Half Results

    Prudential plc released its 2021 first half results, with APE sales in Asia and Africa reaching USD 2.083 billion, representing a 17% year-on-year increase at constant exchange rates; new business profit reached USD 1.176 billion, up 25% year-on-year. The group plans to complete the spin-off of its U.S. business Jackson in September 2021, and intends to raise USD 2.5-3 billion through a global offering targeting institutional investors and retail investors in Hong Kong following the separation.

    Read original
  3. Prudential: Press Releases29

    Form 10 Registration Statement Related to Prudential plc's Spin-off of Jackson Financial Inc. Declared Effective by the U.S. Securities and Exchange Commission

    The Form 10 registration statement related to Prudential plc's spin-off of Jackson Financial Inc. has been declared effective by the U.S. Securities and Exchange Commission. The accompanying information statement is available on Prudential's official website and the SEC's website. Jackson plans to conduct a series of investor and analyst communications, including online briefings, prior to its listing on the New York Stock Exchange.

    Read original
  4. Prudential: Press Releases33

    Prudential Announces Results of the General Meeting Held on August 27, 2021

    At the general meeting held on August 27, 2021, Prudential passed the resolution to spin off Jackson Financial Inc. with 99.65% of votes in favor. The total votes cast for this resolution accounted for 77.78% of issued shares. The spin-off is expected to be completed on September 13, 2021. Jackson's Class A common stock is expected to begin when-issued trading on the New York Stock Exchange on September 1, 2021, with regular trading starting on September 20.

    Read original
  5. Prudential: Press Releases36

    Prudential Announces In-Kind Dividend Distribution and Completion of Jackson Financial Inc. Spin-off

    Prudential announced that its Board Committee has approved the spin-off dividend, completing the separation of Jackson Financial Inc., which has become an independent company listed on the New York Stock Exchange under the ticker JXN. Eligible shareholders will receive 1 share of Jackson Class A common stock for every 40 Prudential shares held. Following the spin-off, Prudential initially holds 19.9% voting rights and 19.7% economic interest in Jackson, and plans to sell this stake within 12 months.

    Read original
  6. Prudential: Press Releases37

    Prudential Announces International Placing and Hong Kong Public Offering of New Shares on the Hong Kong Stock Exchange

    Prudential announced the issuance of new shares on the Hong Kong Stock Exchange through an international placing and a Hong Kong public offering, aiming to raise funds equivalent to no more than 5% of its issued share capital, approximately 130.8 million shares. The Hong Kong public offering initially plans to issue around 6.5 million new shares, exclusively for Hong Kong residents, with an offer price not exceeding HKD 172 per share and a board lot size of 50 shares. The proceeds are expected to be used to redeem high-interest debt and supplement the group's liquidity. The relevant prospectus documents are expected to be released around September 20, 2021.

    Read original
  7. Prudential: Press Releases18

    Prudential Confirms Board Committee Changes

    Prudential announced that Soh Siew Kiat will succeed Anthony Nightingale as Chair of the Remuneration Committee following the conclusion of the 2022 Annual General Meeting, at which Nightingale will step down as a Director. Additionally, Yvonne Lim will join the Board's Responsibility and Sustainability Taskforce effective 1 November 2021.

    Read original
  8. Prudential: Press Releases22

    Prudential Successfully Prices USD 1 Billion 2.95% Subordinated Notes Due 3 November 2033

    Prudential has completed the pricing of USD 1 billion 2.95% subordinated notes due 3 November 2033, issued under its USD 10 billion Medium Term Note Programme. The notes are intended to qualify as Group Tier 2 capital under Hong Kong's Insurance (Group Capital) Rules (Cap. 41O). Proceeds are intended for general corporate purposes, including the redemption of USD 725 million 4.375% Undated Subordinated Notes.

    Read original
  9. Prudential: Press Releases18

    Prudential Announces Director Change

    Prudential announced that Non-Executive Director Fields Wicker-Miurin will retire from the Board effective 1 January 2022. She has served as a Non-Executive Director and member of the Remuneration Committee since September 2018, and joined the Board's Responsibility and Sustainability Taskforce in February 2021. Prudential confirmed that no additional information is required to be disclosed under Rule 13.51(2) of the Hong Kong Stock Exchange's Listing Rules.

    Read original
  10. Prudential: Press Releases22

    Prudential Expands Health and Wealth Services on Pulse by Prudential App Through New Partnerships

    Prudential announced partnerships with Smarter Health and Privé Technologies to expand health and wealth services on its Pulse by Prudential app. The specialist directory, health screening, and online booking services in partnership with Smarter Health will first be available to users in Singapore and the Philippines. Financial planning tools in partnership with Privé Technologies will launch in Hong Kong, Singapore, and Thailand in 2022.

    Read original
  11. Prudential: Press Releases21

    Prudential plc Announces Board of Directors Changes

    Prudential plc has announced several board member changes, with the adjustments aligned to the group's strategic focus on Asia and Africa. Jeremy Anderson will take over as Senior Independent Director following the conclusion of the 2023 Annual General Meeting in May. Claudia Suessmuth-Dyckerhoff will assume the role of Non-Executive Director on January 1, 2023. Group Chief Financial Officer James Turner will step down from his board position effective January 1, 2023, while remaining in his role as Group Chief Financial Officer and a member of the Group Executive Committee.

    Read original
  12. Prudential: Press Releases19

    Prudential plc Appoints Solmaz Altin as Group Chief Strategic Transformation Officer

    Prudential plc has announced the appointment of Solmaz Altin to the newly created role of Group Chief Strategy and Transformation Officer. He will join on 1 May 2022, report to interim Group Chief Executive Mark FitzPatrick, and be based in Singapore. Solmaz Altin brings 25 years of leadership experience in business transformation and growth across the financial services industry, having previously served as Chief Executive Officer of Allianz Asia Pacific and Chief Digital Officer of Allianz Group. He will lead Prudential's cross-market strategic change and business transformation, supporting the company's growth ambition to serve 50 million customers by 2025.

    Read original
  13. Prudential: Press Releases20

    Prudential Announces Appointment of George Sartorel as Non-Executive Director

    Prudential plc announced the appointment of George David Sartorel as a Non-Executive Director, effective 14 January 2022. He will also join the Board of Prudential Corporation Asia Limited, a wholly owned subsidiary of Prudential. With nearly 40 years of experience in the international insurance industry, George Sartorel previously served as Regional Chief Executive Officer of Allianz Asia Pacific, with deep expertise in the Chinese and Southeast Asian markets and extensive experience in digital transformation. His annual basic director fee following the appointment is GBP 99,000, and he will not participate in Prudential's annual bonus, long-term incentive plans, or pension arrangements.

    Read original
  14. Prudential: Press Releases37

    Prudential (2378.HK) Included in Hang Seng Composite Index Constituents

    Prudential (2378.HK) was officially included in the Hang Seng Composite Index constituents starting September 5, 2022. After inclusion, it can be added to the Shenzhen-Hong Kong Stock Connect target range, allowing eligible mainland investors to participate in trading. The Group Chief Financial Officer of Prudential stated that this inclusion will further expand the company's investor base and enhance the liquidity of its shares.

    Read original
  15. Prudential: Press Releases22

    Prudential Appoints Don Guo as Group Chief Investment Officer

    Prudential announced on September 1, 2022 the appointment of Don Guo as Group Chief Investment Officer, who officially joined the company on the same day and reports to Group Chief Financial Officer James Turner. Don Guo has over 25 years of experience in investment management and capital markets. He previously worked at Catalina Holdings, where he oversaw the group's investment, treasury, and asset-liability management functions, and developed and implemented Prudential's investment strategies in Asian and African markets.

    Read original
  16. Prudential: Press Releases23

    Prudential appoints Arijit Basu and Claudia Suessmuth-Dyckerhoff as Non-Executive Directors

    Prudential announced the appointment of Arijit Basu and Claudia Suessmuth-Dyckerhoff as Non-Executive Directors. Arijit Basu will officially join the Board on September 1, 2022, and will also serve as a member of the Audit Committee and the Responsibility and Sustainability Taskforce. Claudia Suessmuth-Dyckerhoff's appointment is subject to regulatory approval, and its effective date and committee membership arrangements will be confirmed in due course.

    Read original
  17. Prudential: Press Releases15

    Prudential included in the Bloomberg Gender-Equality Index for the second consecutive year

    Prudential was named to the Bloomberg Gender-Equality Index for the second consecutive year, which tracks the performance of public companies committed to transparency in gender data reporting. Prudential was recognized for progress in gender pay equity, increased female representation in leadership, and the introduction of anti-harassment and anti-discrimination policies. Prudential established its Global Diversity and Inclusion Committee in 2020 and participated in the Workforce Disclosure Initiative in 2021, continuing to advance internal diversity and inclusion efforts.

    Read original
  18. Prudential: Press Releases27

    Prudential Group Leadership Update: Mike Wells Announces Retirement

    Prudential Group announced that Group Chief Executive Mike Wells will retire at the end of March 2022 and will not stand for re-election as a director at the next Annual General Meeting. Mark FitzPatrick, currently Group Chief Financial Officer and Chief Operating Officer, will serve as interim Group Chief Executive, while the Board concurrently searches for a permanent Group Chief Executive based in Asia. This leadership transition also includes personnel changes for the Group Chief Financial Officer and Group Chief Risk and Compliance Officer roles, with all appointments subject to regulatory approval from the Hong Kong Insurance Authority.

    Read original
  19. Prudential: Press Releases15

    Prudential enters exclusive partnership with Nervotec to deliver better health services to communities in Asia and Africa

    Prudential has entered into an exclusive partnership with Singapore-based digital health company Nervotec to launch the 'My Pulse Daily' feature on its Pulse app, allowing users to instantly measure vital signs such as heart rate and blood oxygen levels and assess stress levels by scanning their face with a mobile phone. The feature is initially available to consumers in the Philippines and Singapore, enabling contactless health monitoring through remote photoplethysmography technology.

    Read original
  20. Prudential: Press Releases33

    Prudential Group Releases 2022 Interim Results

    Prudential Group announced its 2022 first-half continuing operations results: APE sales reached 2.213 billion US dollars, up 9% year-on-year at constant exchange rates; new business profit was 1.098 billion US dollars, down 5% year-on-year at constant exchange rates; adjusted operating profit was 1.661 billion US dollars, up 8% year-on-year at constant exchange rates. The group's shareholder GWS capital surplus covered 548% of GMCR and 317% of GPCR, and the first interim dividend for 2022 was 5.74 US cents per share, up 7% year-on-year.

    Read original