SFC report shows growth in Hong Kong’s private banking business

9 July 2014 | 3 minutes read

The value of assets, in Hong Kong’s private banking industry, in securities and futures contracts totalled HK$2.75 trillion (US$355 billion) at the end of 2013, marking a 2.7% increase, according to the Securities and Futures Commission (SFC) findings. “The increase was mainly due to the positive performance in major global markets which led to an appreciation of assets as well…

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