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Heard on the street: Taiwanese choosing Singapore over Hong Kong when booking assets

Rivalry between Asia’s two key financial hubs is hardly an industry secret, but now Taiwan’s 89,000-strong high net worth (HNW) population has added its own dimension to this simmering “battle of the centres”, with a head of advisory at a local private bank claiming that Taiwanese investors are overwhelmingly preferring to book assets in the Lion City. “[Taiwanese investors] think…

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