EconomyJPMorgan executive says mainland curbs will not threaten Hong Kong’s long-term wealth hub status
Recent Beijing restrictions on cross-border investment and a tax change targeting overseas insurance gains may cause short-term uncertainty, but they will not weaken Hong Kong’s long-term competitiveness as a major wealth management hub, JPMorgan Chase Hong Kong CEO and North Asia chair Kwang Kam-shing says. She remains optimistic about Asia’s financial sector.
JPMorgan executive says mainland curbs will not threaten Hong Kong’s long-term wealth hub status
Economy