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Cathy Chan

Hong Kong

Senior Finance Reporter at Bloomberg News

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Articles

  • Anleger diversifizieren von den USA hin zu Gold und China: UBS

    1 day ago | bloomberg.com | Denise Wee |Cathy Chan

    Die vermögenden Kunden der UBS wenden sich zunehmend von Dollar-Anlagen ab und investieren stattdessen in Gold, Kryptowährungen und China. Das berichtet die Co-Chefin des Wealth Managements der Schweizer Bank für den Bereich Asien-Pazifik. “Gold wird immer beliebter”, sagte Amy Lo in einem Interview mit Yvonne Man bei der Bloomberg-Veranstaltung New Voices am heutigen Dienstag in Hongkong.

  • UBS’s Lo says investors diversifying from U.S. to gold, China

    1 day ago | detroitnews.com | Denise Wee |Cathy Chan

    BUSINESSDenise Wee and Cathy ChanBloombergView Comments BS Group AG’s rich clients are increasingly shifting away from US-dollar assets, turning instead to gold, crypto and China, according to the Swiss bank’s co-head of wealth management for Asia. “Gold is getting very popular,” Amy Lo said in an interview with Yvonne Man at Bloomberg’s New Voices event Tuesday in Hong Kong.

  • Top Asia Advisers at Morgan Stanley, UBS See China Revival

    1 day ago | bloomberg.com | Cathy Chan |Denise Wee

    Amy Lo (Bloomberg) -- Two senior executives from Morgan Stanley and UBS Group AG who advise Asia’s ultra-wealthy are seeing renewed investor optimism over China following a weekend truce between the two largest economies. The breakthrough in US-China trade relations has set the scene for a rebound in growth stocks in America and an imminent “repositioning” in China, said Morgan Stanley’s Christina Au-Yeung in an interview at Bloomberg’s New Voices event Tuesday in Hong Kong.

  • UBS verbietet Bankern Business Class auf China-Kurzstrecken

    5 days ago | bloomberg.com | Ambereen Choudhury |Cathy Chan

    Die UBS hat dem Vernehmen nach Banker angewiesen, bei Kurzstreckenflügen in China nicht mehr in der Business Class zu reisen. Damit will die Bank angesichts schleppender Geschäftsabschlüsse in Asien Kosten sparen. Für China zuständige Banker seien nicht mehr von der Regelung ausgenommen, die Business Class auf Flüge von mehr als fünf Stunden Dauer beschränkt. Für andere Länder gilt diese Regel schon seit Jahren.

  • UBS Bans Business Class Flights on Short China Trips

    6 days ago | bloomberg.com | Ambereen Choudhury |Cathy Chan

    Signage for UBS Group AG at an office building in Hong Kong. Photographer: Bertha Wang/Bloomberg(Bloomberg) -- UBS Group AG has instructed bankers to stop flying business class on short trips to China, seeking to align its global travel policy and cut costs in Asia amid slow dealmaking, according to people familiar with the matter.

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cathy chan
cathy chan @chan_cat
19 Jul 23

Morgan Stanley exiting 200 technologists from China on new data security laws https://t.co/XO75nOQjyb

cathy chan
cathy chan @chan_cat
29 Jun 23

Deepening crackdown: State-owned Haitong is splitting the HK CEO role, appointing its domestic securities finance manager to co-lead the HK business, mimicking Citic, which has moved hundreds Chinese staff to take control of CLSA and rein in risks. https://t.co/k0jI9EhpPH

cathy chan
cathy chan @chan_cat
28 Jun 23

Two partners are leaving Asia's buyout giants this week while they are seeking their biggest regional funds. https://t.co/BQ8WUjkzVN