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Wing Lung grows private banking revenue 48% YoY, eyes discretionary launch

Wing Lung Private Banking registers stellar growth across bottom line figures, including a 48% year-on-year increase in revenue, as of the second quarter, and is eyeing new opportunities through a possible launch of a discretionary offering. The Chinese wealth house also grew its AUMs and profits before tax by 14% and 44%, respectively, in the same period. Similar to the…

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