DigiNepal
Financial leaders tiptoe around Beijing’s asset scrutiny, hail Hong Kong’s wealth boom
Financial leaders tiptoe around Beijing’s asset scrutiny, hail Hong Kong’s wealth boom
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 discussed openly at a series of financial industry events, including the Global…