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Asia wealth managers flock to Dubai as clients look to diversify

A growing number of wealth managers in Asia are setting up offices in Dubai, capitalising on warming diplomatic ties between China and the Middle East and betting on a surge in demand from clients for geographical diversification. Dubai, a major financial hub in the Gulf region, is emerging as a preferred wealth hub for many entrepreneurs and rich families in Asia, mainly China, as they look to take advantage of favourable policies and expand their businesses, wealth managers said.
Ar Riya Saudi Arabia United Arab Emirates Hong Kong United States Patrick Tsang
Source: yahoo.com

Hong Kong court jails sister of veteran labour activist for 6 months

HONG KONG — A Hong Kong court on Thursday (Dec 21) sentenced the younger sister of a pro-democracy labour union leader to six months imprisonment for removing evidence from the latter's home amid an ongoing security crackdown in the China-ruled city. Marilyn Tang, 63, had earlier pleaded guilty to perverting the course of justice after she removed devices including a...
Hong Kong Jimmy Lai Lee Cheuk Yan Marilyn Tang A Hong Kong Elizabeth Tang

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