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Wealth Connect is a crucial step in realising HK’s WM hub potential: PWMA

The “Wealth Management Connect” scheme, jointly launched yesterday by the PBoC, HKMA, and the Monetary Authority of Macao, is an important step in fulfilling Hong Kong’s unique potential as a wealth management hub, according to Hong Kong’s Private Wealth Management Association (PWMA). “Hong Kong wealth management providers have a tremendous amount of experience that is well suited to serving the…

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