Standard Chartered ‘doubling down’ on China wealth opportunities despite tax pivot

scmp.com 14 h 香港

Standard Chartered plans to increase its investment in wealth centres and hiring in Hong Kong, mainland China and Taiwan to gain more affluent clients, a senior executive said, adding that it doubts Beijing’s stricter enforcement of taxes on cross-border investment will hurt the wealth-management sector. “We are doubling down on Greater China wealth opportunity,” Judy Hsu Chung-wei, its CEO for we

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