Hong Kong’s long-term wealth hub status safe from mainland investment curbs: JPMorgan exec
Beijing’s recent curbs on cross-border investment and a tax shift targeting overseas insurance gains may create short-term uncertainty, but they will not undermine Hong Kong’s long-term competitiveness as a major wealth management hub, according to a senior executive at JPMorgan Chase. Kwang Kam-shing, Hong Kong CEO and chairwoman of North Asia at the biggest bank by assets in the United States, said she remained optimistic about the long-term outlook for Asia’s financial sector, citing...
Where: Singapore, Hong Kong, China, United States, Beijing
Exact coordinates
singapore: 1.350, 103.820
hong kong: 22.400, 114.110
china: 35.860, 104.200
united states: 37.090, -95.710
beijing: 39.900, 116.400
Read it at South China Morning Post See this on the map
What might happen next? AI-generated
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