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China potential intact with strong trade and wealth flows despite economic uncertainties: OCBC

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paocbc10 - OCBC said in May that it plans to use HK$500 million (S$86.2 million) to set up a new office in Hong Kong, which will be the bank’s third major site in the city.



Credit: OCBC

In Hong Kong, OCBC aims to be among the top 10 banks within five years, in terms of assets, revenue, operating or net profit.

PHOTO: OCBC

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– Greater China still offers much potential despite the uncertainty that lingers around its recovery, and OCBC Bank is gearing up to ride on an expected increase in trade and wealth flows.

A maturing home market and geopolitical uncertainties are spurring Chinese businesses to diversify their operations and supply chains by expanding into South-east Asia, said Mr Wang Ke, OCBC’s head of Greater China and chief executive for Hong Kong.

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