UBS launches family trust solutions as wealth rises By ZHOU LANXU | China Daily | Updated: 2021-07-22 09:07 Share CLOSE A sign of UBS (China) Limited Shanghai Branch is seen in Shanghai, on May 25, 2021. [Provided to China Daily]
UBS (China) Ltd launched onshore family trust solutions for affluent Chinese clients on Wednesday, becoming the first foreign bank in China to provide such services. We are glad to become the first foreign bank to launch onshore family trust services in China, providing local clients with solutions based on our wealth management principles of liquidity, longevity and legacy, said Zhang Qiong, president and head of wealth management at UBS (China) Ltd.
China Stock Market Tipped To Open In The Green
BEIJING (dpa-AFX) - The China stock market on Wednesday wrote a finish to the three-day losing streak in which it had fallen almost 30 points or 0.8 percent. The Shanghai Composite Index now rests just above the 3,560-point plateau and it s expected to add to its winnings on Thursday.
The global forecast for the Asian markets is positive, led by a strong rebound in energy stocks. The European and U.S. markets were up and the Asian bourses are predicted to follow that lead.
The SCI finished modestly higher on Wednesday as gains from the resource stocks were dented by weakness from the financials and properties.
Higher Open Predicted For China Stock Market
BEIJING (dpa-AFX) - The China stock market has finished lower in three straight sessions, slipping almost 30 points or 0.8 percent along the way. The Shanghai Composite Index now rests just above the 3,535-point plateau although it may find traction on Wednesday.
The global forecast for the Asian markets is broadly positive, with bargain hunting expected for the oversold bourses. A spike in crude oil prices is also expected to provide support. The European and U.S. markets were up and the Asian markets are tipped to follow suit.
The SCI finished barely lower on Tuesday following losses from the financial shares, resource stocks and properties.
China Stock Market May Face Continued Consolidation
BEIJING (dpa-AFX) - The China stock market has finished lower in two straight sessions, slipping more than 25 points or 0.7 percent along the way. The Shanghai Composite Index now rests just beneath the 3,540-point plateau and it may take further damage on Tuesday.
The global forecast for the Asian markets is broadly negative on renewed Covid-19 concerns and the resulting plunge in crude oil prices. The European and U.S. markets were sharply lower and the Asian bourses are tipped to follow them lower.
The SCI finished barely lower on Monday as losses from the properties and financials were mitigated by support from the resource companies.
Dank guter Zahlen – UBS-Chef denkt wieder an Zukäufe tagesanzeiger.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tagesanzeiger.ch Daily Mail and Mail on Sunday newspapers.