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Japan asset manager Nippon Wealth ends Hong Kong services

Flow of new customers dries up amid protests and COVID-19

 A Star Ferry boat crosses Victoria Harbour in front of the Hong Kong skyline.   © Reuters

HONG KONG -- Nippon Wealth, which manages assets of mainly Japanese clients in Hong Kong, will end its services in the city this summer after struggling to secure new customers, Nikkei has learned.

The bank recently notified its more than 1,000 clients of its plans. 

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