# JPMorgan executive says mainland curbs will not threaten Hong Kong’s long-term wealth hub status

https://mins.news/en/item/36345

- South China Morning Post, 2026-08-29 02:00 UTC
- Economy
- Original: https://www.scmp.com/business/banking-finance/article/3365613/hong-kongs-long-term-wealth-hub-status-safe-mainland-investment-curbs-jpmorgan-exec?utm_source=rss_feed

> 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.