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Citi eyes China onshore market growth under regulatory reset

Citi is putting in place a list of new growth initiatives for the China onshore wealth market, as it believes the ‘regulated’ part of the market will more than quadruple in size to US$7.5 trillion, spurred by the market reset unleashed by regulators’ newly unified rules for asset management. Citi’s latest growth drive has come midway through a banner year…

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