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HSBC launches Portfolio+ discretionary portfolio management service for Hong Kong retail investors
HSBC has launched a discretionary portfolio management service, named Portfolio+, for its retail banking customers in Hong Kong. The service allows investments via mobile apps with a minimum lump sum of HK$10,000 or regular contributions of HK$1,000 (US$128) per month. The bank aims to attract younger, tech-savvy customers, offering them choices in risk levels and themes like green concepts, with the bank managing and rebalancing the portfolio.
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