Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. The company is also closing a sales office in Japan, though it says its products will still be available in that market. Human contagion coincided with the start of the Chinese New Year, when hundreds of millions travel for China’s most festive season. With over 22 Michelin stars represented, an evening of culinary adventures await at United Hong Kong. Vanguard Hong Kong is licensed with the Securities and Futures Commission (“SFC”). In a separate statement, a spokesman confirmed that Vanguard would also close in Japan, and shift its primary office in Asia to Shanghai. Vanguard has sent notifications to owners of the group's six Hong Kong ETFs prior to its closure announcement that it will leave the business gradually and appoint a manager to oversee each ETF for inactivation. Vanguard Investments Hong Kong Limited (AYT820), a subsidiary of The Vanguard Group in the US, is licensed with the Securities and Futures Commission ("SFC"). Hong Kong (CNN Business)One of the world's largest asset management companies is pulling out of Hong Kong and making Shanghai its main office for business in Asia. Vanguard Hong Kong is licensed with the Securities and Futures Commission (“SFC”). A march drawing tens of thousands of anti-government protesters in Hong Kong on New Year’s Day spiraled into chaotic scenes as police fired several rounds of … Working with your financial adviser or wealth manager Many investors find advice from professional financial advisers helpful. The index fund giant closed its Singapore operation in 2018. Katz said the law wasn't related to Vanguard's announcement. Hong Kong Philharmonic Orchestra . The contents of this document and any attachments/links contained in this document have been prepared in good faith. The Fund invests in the members of the underlying index. In a separate statement, a spokesman confirmed that Vanguard … While the coronavirus threatens growth in the near term, Vanguard foresees the potential for a rebound in the second half of the year amid anticipated government stimulus. All rights reserved. 14 May 2019 | Markets and economy Print Share. The spillover to the rest of the world could be limited given a prompt and better-coordinated international public health response this time, Dr. Wang said—though the degree would vary across countries depending on their economic ties with China. If you are in any doubt, you should seek professional advice. View Alex Leung’s full profile. She pointed to Vanguard's 2018 closure of its Singapore office as another example of the strategy. But China’s prompt and internationally coordinated response this time may offer some reassurance that the human and economic effects can be limited, according to Qian Wang, Ph.D., Vanguard’s Asia-Pacific chief economist. The contents of this document have not been reviewed by the Securities and Futures Commission in Hong Kong. Vanguard has operated in Hong Kong since 2013 and employs around 50 people in the city. Vanguard Global Sites; PRESSROOM; CAREERS . Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. There is no intention to offer or sell products in countries or jurisdictions where such offer or sale would be unlawful under the relevant domestic law. : AYT820) (“Vanguard Hong Kong”). Any attachments and any information in the links contained in this document may not be detached from this document and/or be separately made available for distribution. Share on Facebook Share on Twitter. In Hong Kong, Vanguard runs six ETFs that are traded on the city’s stock exchange, according to its website. This document contains links to materials which may have been prepared in the United States and which may have been commissioned by the Vanguard Entities. Over its eight years of operation in Hong Kong, Vanguard managed to pull in about HK$3.35bn in assets across six ETFs as of last month. As part of the closure, Vanguard intends to exit from its exchange-traded fund (ETF) operations in Hong Kong within the next 24 months, according to a filing to the Hong Kong Stock Exchange (HKSE). Citizenship in 2007 in order to serve Chinese individual investors in mainland China ”! Licensed with the Securities and Futures Commission in Hong Kong Limited ( CE.. 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