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Chinese Move Billions Into Hong Kong Banks Seeking Higher Yields

Chinese Move Billions Into Hong Kong Banks Seeking Higher Yields
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Chinese move billions into Hong Kong banks seeking higher yields

HSBC Holdings attracted more than 130,000 new bank customers in Hong Kong in the first quarter. Bank of China (Hong Kong) gained 200,000 new cross-border clients in 2023, while at Hang Seng Bank, new account openings for non-residents jumped 342 per cent last year.

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