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Ongoing “decent” transactions show that COVID-19 has not dented Asia’s HNWIs’ risk appetite: Asian WMs

Asia’s wealthy are shrugging off concerns about the impact of COVID-19. Most of them are holding on to their current portfolios and some have even been buying on dips after the Lunar New Year (LNY) sell-off, according to private banks and wealth managers in Asia. “Despite the fears around the COVID-19 situation in Hong Kong after LNY, the transaction volume…

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