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PWMA: Hong Kong’s fundamentals remain in face of Singapore threat

Over the past two years, there has been a long-heated discussion of whether Singapore has overtaken Hong Kong as the wealth management hub in Asia, but for Hong Kong Private Wealth Management Association (PWMA), Hong Kong’s fundamentals have not changed. Peter Stein, CEO and managing director at PWMA, explained that Hong Kong and Singapore have long been the dual hubs…

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