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Offshore investible wealth takes up 30% of Chinese HNWI portfolios: Datang Wealth

While the pandemic contained China’s wealthy within the country’s borders, it has only highlighted their need to diversify investments overseas. Chinese independent wealth manager Datang Wealth said it observed increased allocations to overseas markets in the past year, with offshore investible assets consisting of around 30% of the portfolios of HNWIs and poised to grow further. “A comprehensive concept about…

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