Deutsche Bank's Hong Kong wealth boom fed by Chinese flows

Chanyaporn Chanjaroen / Bloomberg

Sep 22

Deutsche Bank AG said Chinese inflows to Hong Kong are helping the Asian wealth hub top its private bank's growth for emerging markets this year, underscoring the strength of the city that recently......

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2669120399"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2669120399\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2669120399?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-22 09:09","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2669120399","market":"us","top_or_hot":-1,"title":"Deutsche Bank's Hong Kong wealth boom fed by Chinese flows","media":"Chanyaporn Chanjaroen / Bloomberg","content":"<div>\n<p>Deutsche Bank AG said Chinese inflows to Hong Kong are helping the Asian wealth hub top its private bank's growth for emerging markets this year, underscoring the strength of the city that recently......</p>\n\n<a href=\"https://www.theedgesingapore.com/news/china/deutsche-banks-hong-kong-wealth-boom-fed-chinese-flows?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Deutsche Bank's Hong Kong wealth boom fed by Chinese flows</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDeutsche Bank's Hong Kong wealth boom fed by Chinese flows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-09-22 09:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/china/deutsche-banks-hong-kong-wealth-boom-fed-chinese-flows?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Chanyaporn Chanjaroen / Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Deutsche Bank AG said Chinese inflows to Hong Kong are helping the Asian wealth hub top its private bank's growth for emerging markets this year, underscoring the strength of the city that recently......</p>\n\n<a href=\"https://www.theedgesingapore.com/news/china/deutsche-banks-hong-kong-wealth-boom-fed-chinese-flows?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4566","symbol_name":"资本集团","start_time":0,"source_url":"https://www.theedgesingapore.com/news/china/deutsche-banks-hong-kong-wealth-boom-fed-chinese-flows?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2669120399","we_media_id":null,"thumbnails":[],"rights":{"source":"edge_highlight","url":"https://www.theedgesingapore.com/news/china/deutsche-banks-hong-kong-wealth-boom-fed-chinese-flows?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2669120399","pubTimestamp":1790039364,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"Deutsche Bank AG said Chinese inflows to Hong Kong are helping the Asian wealth hub top its private bank's growth for emerging markets this year, underscoring the strength of the city that recently...","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4566":"资本集团","BK4588":"碎股","DB":"德意志银行","BK4552":"Archegos爆仓风波概念","BK4585":"ETF&股票定投概念","BK4118":"综合性资本市场","RGLO":"Global Equity Active ETF"},"translate_title":"德意志银行香港财富繁荣得益于中国资金流动","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DB":1.5,"RGLO":0.63},"content_text":"Deutsche Bank AG said Chinese inflows to Hong Kong are helping the Asian wealth hub top its private bank's growth for emerging markets this year, underscoring the strength of the city that recently...(Sept 22): Deutsche Bank AG said Chinese inflows to Hong Kong are helping the Asian wealth hub top its private bank's growth for emerging markets this year, underscoring the strength of the city that recently overtook Switzerland as the world's largest offshore centre.\n\"It's been probably the best performing region,\" said Marco Pagliara, head of emerging markets at Deutsche Bank Private Bank. \"You've seen a fair amount of action, especially around trophy real estate in Hong Kong. Typically, there is a Chinese flavour to that,\" the Singapore-based executive said in an interview on Monday.\nThe comments highlight Hong Kong's rising significance as an offshore hub for Chinese fund flows despite concerns that Beijing's stricter tax scrutiny around fund outflows from the mainland would impact business for banks.\nHong Kong is also courting asset managers by proposing a tax regime change that will exempt private equity and potentially hedge fund managers from paying tax on their earnings from carried interest and performance fees.\nIn every aspect from trading activity, opportunities to lend against physical assets and real estate, as well as investment, the city has been quite \"strong,\" Pagliara said.\nThe executive, whose remit spans Greater China, Southeast Asia, Global South Asia, the Middle East, and Latin America, said Deutsche Bank has hired more than 30 private bankers across emerging markets teams so far this year. Headcount is still growing on a net basis, he added. The bank doesn't provide a regional breakdown for its assets under management (AUM) or headcount.\nThe German lender aims to boost its wealth AUM to top 1 trillion by 2028. The latest number is 846 billion, including the retail bank, as of the end of June.\nSoutheast Asia, where Singapore is a booking centre, is expanding and trailing very closely just behind Greater China for the year, Pagliara said. Singapore and Indonesia are the private bank's largest centres in the region based on revenue and assets, he added.\n\"Traditionally in Indonesia, when you see these challenges economically and politically, I think you see some large families adjusting their positions,\" Pagliara said, referring to the volatility that have been rocking the market. The bank provides corporate and investment banking services in Indonesia, the region's largest economy. Deutsche Bank is also trying to develop a larger presence among offshore clients from Malaysia and Thailand, he said.\nIn the Middle East, where the war in Iran continues, the lender is among several firms growing its wealth business. It is present in Dubai and has an onshore booking platform in Saudi Arabia, where Pagliara said he sees an opportunity to increase the footprint. \nDeutsche Bank remains positive in the medium- to long- term on the region, even as he acknowledged \"the current situation has additional complexity,\" Pagliara said in response to a question on the bank's commitment to the Middle East. \nSeparately, the bank has started using agentic artificial intelligence (AI) in checking wealthy clients' source of wealth in Singapore and Hong Kong from this month and will later use this across the entire private bank. Its advisers in Dubai are also adopting this for accounts booked in Singapore.\nThe Monetary Authority of Singapore, the financial regulator, is working with banks in the city-state to shorten account opening time for the rich to within one month, from a current median of about six weeks or longer in complex cases. Deutsche Bank in Singapore is \"already at that mark or a little below\" that, Pagliara said.\nUsage of agentic AI is expected to support an increase in client onboarding volumes. Pagliara's emerging markets coverage region is on track to onboard about 30% more clients this year, from a year ago, the bank said.\nUploaded by Felyx Teoh","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}