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CMBC to grow its private banking unit in Hong Kong with launch of new centre

Hong Kong branch of China Minsheng Bank

China Minsheng Banking Corporation’s (CMBC) Hong Kong unit will open a new private banking centre on 28 June, as part of the Beijing-based lender’s plans to become one of the five largest Chinese private banks in Hong Kong. The “private bank and wealth management centre” will take up a quarter of a floor at Two IFC, says Peter Hu, MD…

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