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This is already starting to feed through to Prudential's Hong Kong business. In Q1 FY23, Hong Kong APE sales were up nearly 300% year-on-year to $455m, with that powering a 35% YoY rise in group ...
Insurer Prudential has shut down its Hong Kong wealth management business Pulse Wealth, the company said in a statement to Reuters on Wednesday, as part of a wider push to streamline its business.
Prudential said it had closed the platform to refocus on other wealth offerings and remained in the Hong Kong wealth market. The company had set up a dedicated high net worth team to target ...