Many foreign wealth management firms are ramping up hiring to capitalize on the capital inflow from mainland China. UBS is planning to hire more staff, aiming to double the asset management scale of its high worth clients in Greater China in the next 3-5 years. The Bank of Singapore has increased the number of staff in Hong Kong by 30%, while Julius Baer Group expanded its office space in Hong Kong by 40% in 2023 along with hiring more people.Related NewsPresident Xi: CN Econ Rejuvenating; LT Prosperity & Stability of HK/ MO to be Maintained