The post HSBC Financial Management expects new assets to continue to be strong appeared first on Coinpedia Fintech News
HSBC Hong Kong’s Sami Abouzahr said its net new assets increased significantly last year. In 2023, HSBC’s stock trading, insurance, and fund sales performed very well. Customers are interested in diversifying risks instead of setting up high-interest time deposits. Investors are now aware that holding too much cash will underperform the market. Hong Kong stocks have been neutral but depict a lot of financial strength. In 2024, HSBC will study the introduction of tokenization technology to facilitate investment in physical and virtual assets.