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Hong Kong banks set lures for golden week visitors despite new levies

  • Posted on September 30, 2026
  • By South China Morning Post
  • 1 Views
  • 1 min read
In brief

Hong Kong's banking sector remains bullish on wealth management opportunities from mainland Chinese visitors during Golden Week, despite Beijing's recent tax enforcement measures. Financial institutions are implementing strategic promotions and enhanced services to attract affluent tourists, signaling confidence that cross-border wealth business will continue driving significant revenue. Banks view the seasonal surge as a critical opportunity to expand client relationships and maintain their competitive edge in the region's wealth management landscape.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Hong Kong banks set lures for golden week visitors despite new levies
Hong Kong banks set lures for golden week visitors despite new levies

Lenders are confident the mainland-related wealth business will remain a pillar for the industry regardless of Beijing’s tax crackdown.
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Author
South China Morning Post

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