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New regulations to spur development of Chinese wealth management industry, says ACF Private CEO

The double whammy stemming from Chinese regulators’ drive to force out irregular products and the global implementation of Common Reporting Standards is both creating new opportunities for managers and forcing the industry to professionalise at a faster rate. But the future for the industry appears to be bright, according to Wu Weiyang, CEO of ACF Private, a Shanghai-based multi-family office…

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