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Hong Kong's costliest heist: 3 jailed for stealing art worth $889 million

Three men have been sentenced to up to 2.5 years in jail for stealing antique stamps and revolutionary art, including a calligraphy scroll by Mao Zedong, worth an estimated total of HK$5 billion (S$889 million), making it the costliest heist in Hong Kong's history. The District Court heard the trio, all repeat offenders, broke into mainland Chinese collector Fu Chunxiao's...
Hong Kong Mao Zedong Fu Chunxiao Hongkong Post District Court Yau Ma Tei

An all-terrain equities portfolio | Money Management

Print Epicormic buds lie dormant, hiding underneath tree bark waiting for the right conditions to sprout. They serve a regenerative purpose in the overall forest system and flourish when conditions are at their most dire. Bushfires for example, trigger epicormic buds to sprout with extreme heat and the clearing of nearby vegetation. In other words, the emergence of new growth stems from the wreckage of the established.    Just as a botanist studies epicormic growth, I’ve been looking at bud...
France General Money Management Lawrence Lam Portfolio Construction பிரான்ஸ் ஜநரல் பணம் மேலாண்மை

Citibank launches Hong Kong digital wealth platform

It is aimed at ‘digital natives’ and offers a range of mutual funds provided by key partners Citibank in Hong Kong has unveiled Citi Plus a digital wealth platform that offers a range of investment products including mutual funds mostly managed by Aberdeen Standard Investments (ASI), Franklin Templeton and Allianz Global Investors, as well as stocks and money market funds. The target client segment are “digital natives”, typically defined as young people born since 1980 who have grown u...
Republic Of Hong Kong Vivek Kudva Andrew Hendry Razer Fintech Asia Pacific

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