U.K.-based insurance giant Prudential Plc plans to raise about US$2.4 billion from a share placement in Hong Kong, as the company seeks to capture long-term growth opportunities in both Asia and Africa brought on by global economic recovery amid COVID-19 vaccinations.
US$50 BILLION
Deloitte’s global revenue for its 2021 financial year grew 5.5 percent to reach US$50.2 billion, making it the first Big Four firm to surpass the US$50 billion mark.
SOUTHBOUND BOND CONNECT
The so-called southbound leg of the Bond Connect launched on 24 September, enabling investors in Mainland China to buy and sell offshore debt through Hong Kong.
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