Rapid rise in RMB deposits in HK drives optimism

The level of RMB deposits in Hong Kong leaped by Rmb60 billion in just over a month last year. HSBC Securities Services is among those excited about the emergence of a new asset class.


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Underweight US
  17%
 
Overweight US
  42%
 
Underweight EMs
  6%
 
Raise cash levels
  20%
 
No change
  15%
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December 2016/January 2017 Magazine
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