
Sale highlights Hong Kong’s global status in wealth management, says broker Charles Monat
FWD Private has set a Guinness World Record by selling a US$318 million life insurance policy for wealth preservation, surpassing Manulife Singapore's previous record.
AI-generated summary
FWD Private sold a US$318 million life insurance policy, breaking previous records held by Manulife Singapore and HSBC Life Hong Kong.
FWD Private (Bermuda), a unit of Hong Kong-listed FWD Group founded by billionaire Richard Li Tzar-kai, has set a new Guinness World Record by selling a US$318 million life insurance policy, the companies said in separate announcements on Tuesday.
The record-breaking sale surpasses the previous record of US$300 million set by Manulife Singapore in February this year. Previously, HSBC Life Hong Kong sold a world record US$250 million life policy in early 2024.
FWD did not name the client but said the policy was issued for “an individual customer’s wealth preservation and intergenerational legacy planning”.

Huida CEO Huang Renxun admitted extramarital affairs on the 8th. The Daily Mail revealed that he had traveled to Paris and other places with his wife of 41 years, Lori, and their family a week before the incident. The heartwarming group photos and photos of red roses at that time were exposed, attracting attention from the outside world.

Netcom manufacturer Zhonglei announced its third quarter financial report, with consolidated revenue reaching a new high of 21.83 billion yuan, gross profit margin, operating profit rate and net profit margin "three increases", and EPS 1.75 yuan. The cumulative revenue in the first three quarters has exceeded last year's full year performance.

South Korea faces rising concerns over Nvidia CEO Jensen Huang's alleged ties to a suspected Chinese spy, risking AI supply chain disruptions and tighter US export controls on Samsung and SK Group.

According to statistics from the Ministry of the Interior, deposit return disputes accounted for 41% of the residential rental mediation cases in the first quarter of 2026. To this end, Taiwan Jinlian joined hands with First Bank to launch a deposit trust product, in which the bank independently manages the tenant's deposit to reduce disputes over return after the lease ends.
The Central Committee of the Communist Party of China and the State Council issued the "Opinions on the Development of New Productivity", which clarified that new productivity itself is green productivity. The article points out that based on resource endowments such as scenery and water, we must promote the transformation of green resource advantages into development advantages, accelerate green technological innovation, strengthen green and low-carbon industrial clusters, and promote high-quality development.

Sri Lanka made its debut as the guest country of the CIIE for the first time, and Ceylon Black Tea took advantage of China's opening up opportunities to accelerate its entry into the Chinese market. China's huge market of more than 1.4 billion people provides a broad stage for Sri Lankan tea growers and specialty products, and economic and trade cooperation between the two sides continues to deepen.