HSBC is offering a new renminbi-denominated alternative wealth management product. The new product is called WealthSave (Renminbi) Protection Plan. HSBC research shows that 67% of Hong Kong people plan to increase savings in the first six months this year while 42% expect to save more to retire as planned. HSBC’s WealthSave (Renminbi) Protection plan offers the following savings benefits: A…

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