South China Morning Post · General

Financial leaders tiptoe around Beijing’s asset scrutiny, hail Hong Kong’s wealth boom

· By Xinmei Shen
Story summary

Global financial leaders who gathered in Hong Kong this week largely sidestepped Beijing’s offshore trust tax crackdown, a lingering near-term hurdle for the city’s otherwise expanding wealth management industry. Beijing’s move earlier this year to step up scrutiny of wealthy families’ overseas assets was barely dis…

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