Hong Kong mass affluent set to boost overseas allocations

Nov 29, 2010

Hong Kong-based investors are more inclined to look beyond Asia than their regional peers, according to a survey from Charles Schwab.

Amid global uncertainty over the European debt crisis and the likely effect of the second round of US quantitative easing, most mass-affluent individuals in Hong Kong are planning to boost their level of investment, with a significant proportion likely to buy non-Asian assets.

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