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Chinese banks outpace rivals in Hong Kong wealth growth, Huatai HK CEO says
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Updated 3 hours ago
First seen March 18, 2026 08:34:54Stay on top of this story
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Quick Summary
The wealth management businesses of Chinese investment banks in Hong Kong are growing faster than those of international rivals, as a buoyant initial public offering (IPO) market and rising cross-border flows strengthen their competitive edge. “Chinese investment banks are seeing accelerated growth … because [their] base is smaller and the current market environment favours them,” said Wang Lei, CEO of Huatai Financial Holdings (Hong Kong), in an interview with the South China Morning Post,...