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The Times

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Border reopening and easing travel restrictions bring a real sense of optimism to Hong Kong banking sector, finds KPMG China

  • Written by: Auzzi Shopping

The need to reduce cost amid a cooler economic outlook poses challenges for banks in 2023

HONG KONG SAR - Media OutReach - 13 January 2023 - The reopening of the border and easing of Covid-19 restrictions were major steps on path towards normality in Hong Kong banking sector, while the Chinese Mainland's ongoing financial reform will solidify Hong Kong's role as a financial hub for the nation.