Hong Kong 's Standard Chartered's is close to finalising a deal to buy Manulife Financial Hong Kong pensions business of emerging markets for circa. about USD400 million , as Manulife Financial steps up its Asian presence, in a quest for faster growth. http://www.reuters.com/article/2015/09/09/manulife-financi-stanchart-pensions-idUSL4N11F22I20150909 By Samuel Agini; samagini@alliancenews.com; @samuelagini This sale marks a further retreat from Hong Kong by Standard Chartered , following its exit from the consumer finance unit last year .
Hong Kong 's Standard Chartered's is close to finalising a deal to buy Manulife Financial Hong Kong pensions business of emerging markets for circa. about USD400 million , as Manulife Financial steps up its Asian presence, in a quest for faster growth. This sale marks a further retreat from Hong Kong by Standard Chartered , following its exit from the consumer finance unit last year .