Wealth and Asset Management
Hong Kong draws US$1.3 billion from investors with city’s cash-for-residency olive branch
Hong Kong has attracted more than HK$10 billion (US$1.3 billion) under the four-month-old cash-for-residency scheme, in a major boost for the city’s ambitions to become a family office hub with a deep wealth management market, officials said. The revamped Capital Investment Entrant Scheme (CIES), more commonly known as the investment…
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Click here to read the full story: South China Morning Post