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Single bond investments still in favour with Chinese HNWIs

Foreign private banks vying to showcase their state-of-the-art product platforms and grab a share of China’s US$5.3 trillion HNW market could be disappointed, says a source at a Chinese wealth manager, who continues see a significant uptick in demand for single bonds. The senior business manager says that, in 2016, more than 40% of client assets at his private bank are in…

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