Dubai lures Chinese banks looking for opportunities in wealth management

Regulator says CICC granted license, sees 'uptick' in interest from Hong Kong hedge funds

250115 Dubai

The two-day Asian Financial Forum in Hong Kong leverages the financial city's linkage to mainland China and the world. (Asian Financial Forum website)

ECHO WONG, Nikkei staff writer

HONG KONG -- Growing connections between China and the Middle East are prompting Chinese and Hong Kong financial companies to set up shop in Dubai as they tap opportunities in trade finance and wealth management services.

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