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AIA’s first-half profits rise 53% on mainland Chinese spending spree in Hong Kong


AIA’s first-half profits rise 53% on mainland Chinese spending spree in Hong Kong

AIA Group, Asia’s largest insurer, reported its best half-year profit in five years as mainland Chinese customers continued to buy policies in Hong Kong with the prospect of better investment returns and as a hedge against a weakening yuan. Net profit rose 53 percent to $3.31 billion, or 29.53 cents per share, in the six […]

Opinion | Reducing cross-border bureaucracy in matters of life and death


Opinion | Reducing cross-border bureaucracy in matters of life and death

Doctors treating the girl at Hong Kong Children’s Hospital said tests and other preparations were being made so that the blood could be used for a stem cell transplant as early as October. Thalassemia is a blood disorder that can be inherited from one or both parents. It causes the body to produce abnormally little […]

KPMG: China gobbles up Asia-Pacific fintech money in H1 amid global slowdown and investor caution


KPMG: China gobbles up Asia-Pacific fintech money in H1 amid global slowdown and investor caution

China was one of the top destinations for fintech investment in Asia Pacific (APAC) in the first half of the year, but KPMG said this reflected a global decline as investors moved cautiously amid high interest rates and geopolitical uncertainty. Global fintech investment fell nearly 17 percent to $51.9 billion in the six months to […]