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Why Hong Kong wealth managers want broader access to mainland China’s Nasdaq-style markets

Why Hong Kong wealth managers want broader access to mainland China’s Nasdaq-style markets
Key Points

Most asset managers in Hong Kong expect broader access to mainland China’s two Nasdaq-style stock markets to strengthen the city’s private wealth business, an industry survey shows, as hard-tech firms continue to attract investors despite a recent pullback. The report, released by the Private Wealth Management Association (PWMA) and KPMG China, surveyed most of the association’s 44 institutional members, ranging from Agricultural Bank of China (Hong Kong) to UBS, as well as asset managers and...

Most asset managers in Hong Kong expect broader access to mainland China’s two Nasdaq-style stock markets to strengthen the city’s private wealth business, an industry survey shows, as hard-tech firms continue to attract investors despite a recent pullback. The report, released by the Private Wealth Management Association (PWMA) and KPMG China, surveyed most of the association’s 44 institutional members, ranging from Agricultural Bank of China (Hong Kong) to UBS, as well as asset managers and... [Image text:] STAREUTA panies on the SSE ST 28 MARKF
Hong Kong (LOCATION) China (LOCATION) the Private Wealth Management Association (ORG) KPMG China (ORG) Agricultural Bank of China (ORG) UBS (ORG)
Originally published by South China Morning Post Read original →