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Huatai Financial set to ramp up Hong Kong PWM business armed with RMB 3 billion budget

Huatai Financial, the Hong Kong subsidiary of Huatai Securities which stands as China’s largest brokerage by trade volume, has been allocated a budget of RMB 3 billion by its mainland parent to massively ramp up its Hong Kong business, with its offshore private wealth management line being named a “number one priority” for next year. Speaking to Asian Private Banker, Diana…

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