Haitong hires 500 wealth managers in expansion bid

Pedro Gonçalves
clock • 1 min read

Haitong International is hiring 500 wealth managers as it plans to expand this segment offering for retail customers, high net worth individuals with at least $1m and UHNWIs with a minimum of $10m. Haitong International Securities Group is the largest mainland-backed stockbroker in Hong Kong by net assets and has bought a brand new 12,000 square feet office in Wong Chuk Hang as part of its expansion plans, according to a senior executive, SCMP reports. The first Chinese broker to receive a Nasdaq market-maker licence in October has seen its wealth business improve, making it one of th...

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