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How do PBs make money in China in 2023? Focus on valuation and wealth creation

Qiu Jin, Hyde Chen

As China focuses on re-opening to the world and stabilising its economic growth after moving away from its zero-COVID policy, that could present an intriguing buying opportunity for private banks and their clients in the country’s beaten-down capital markets. Despite rallying since China began to loosen its COVID-19 restrictions in November, the CSI 300 stock benchmark is down more than…

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