HK regulators urged to expedite China HNWI onboarding
Hong Kong's Private Wealth Management Association is speaking with the city's regulators about making the account-opening process for wealthy mainlanders more efficient.
Hong Kong’s regulators must simplify an onerous account-opening process that unfairly disadvantages Chinese high-net-worth investors (HNWIs) if they are to maximise the city’s potential for wealth management, according to Hong Kong's Private Wealth Management Association (PWMA).
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