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Standard Chartered Plans to "Double Down" on Greater China Wealth Opportunities, Despite Beijing's Enhanced Tax Enforcement on Cross-Border Investments
Judy Hsu Chung-wei, Standard Chartered's CEO of Wealth and Retail Banking, said last week that the bank plans to increase investment and hiring in wealth centers in Hong Kong, mainland China, and Taiwan to attract more affluent clients. She added that Standard Chartered doubts Beijing's strengthened enforcement of cross-border investment taxes will harm the wealth management industry.
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Source：SCMP商业 · Source Link
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