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

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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…

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Click here to read the full story: South China Morning Post

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