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HSBC HOLDINGS Mark Tucker: Asian Econ May Maintain Faster Growth Rate
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HSBC HOLDINGS (00005.HK) held the Second Global Investors' Symposium from today (25th). The rise of DeepSeek in China earlier shows that Chinese private enterprises have the strength to challenge the west, and the related news also drove a sharp rebound in Hong Kong and A-share markets, Chairman Mark Tucker said. With the Chinese government launching more economic stimulus policies, coupled with India's huge market, it is believed that the Asian economy can maintain a faster growth pace. Meanwhile, Hong Kong's role as a super-connector is expected to further consolidate its position as an international financial center, with the market projecting Hong Kong to overtake Switzerland as the world's largest wealth management center by 2027-2028. AAStocks Financial News |
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