Hong Kong’s unique advantage of “one country, two currencies” will remain as long as a fully convertible RMB remains in the works, said Credit Suisse APAC CIO John Woods at Asian Private Banker’s Asian Outlook 2022 seminar. Over the past decade, China has been setting up onshore free trade zones and accelerating its policy to open up its financial market […]

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CreditEase has rolled out a new family office (FO) brand, Heritvest, in a bid to woo Chinese ultra-high net worth individuals (UHNWIs) who have become increasingly selective with FO services and demanding in terms of professional advice. The Chinese wealth manager announced the news at its “2020 Wealth Inheritance Summit” (link in Chinese: 2020 财富传承峰会) in Beijing last week, citing the […]

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