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South China Morning Post

South China Morning Post

Hong Kong's wealth management thrives despite political uncertainty, geopolitical tension

South China Morning Post
Summary
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90% Informative

Private Wealth Management Association and KPMG China released survey of investors' concerns.

Percentage of clients concerned about Hong Kong's political future has grown from 21% in 2023 to 28% in 2024 .

Capital Investment Entrant Scheme, launched in March this year , has been quite successful, Financial Secretary Paul Chan Mo-po said.

Despite all these concerns, net inflows into wealth management products nearly tripled to HK$341 billion, report said.