JPMorgan Chase executive Kwang Kam-shing states Hong Kong's long-term wealth hub status is safe from mainland investment curbs
Kwang Kam-shing, Hong Kong CEO and chairwoman of North Asia at JPMorgan Chase, believes that while Beijing's recent curbs on cross-border investment and a tax shift targeting overseas insurance gains may create short-term uncertainty, they will not undermine Hong Kong’s long-term competitiveness as a major wealth management hub. She remains optimistic about the long-term outlook for Asia’s financial sector.
Source:SCMP商业 · Source Link
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