Canada 's Manulife Financial is close to finalising a deal to acquire Standard Chartered 's Hong Kong pensions business of emerging markets for circa . $ 500 million , as Manulife 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 exit from Hong Kong by Standard Chartered , following its exit from the consumer finance unit last year .
Canada 's Manulife Financial is close to finalising a deal to acquire Standard Chartered 's Hong Kong pensions business of emerging markets for circa . $ 500 million , as Manulife steps up its Asian presence , in a quest for faster growth . This sale marks a further exit from Hong Kong by Standard Chartered , following its exit from the consumer finance unit last year .