Credit Suisse Lehmann on Committing to HK

The video discusses the growth strategy of a Swiss-based company in Asia, highlighting key opportunities in Hong Kong, China, India, and Australia. It addresses the impact of US-China tensions on growth and the importance of BCP planning amid potential sanctions. The company is focused on investment strategies that consider geopolitical tensions and is committed to its China onshore wealth business, despite challenges like COVID-19 and private banker departures.

Which regions are identified as major growth opportunities for the company?

• Africa and South America

• Hong Kong, China, Singapore, India, and Australia

• Middle East and Latin America

• Europe and North America

What is the company's perspective on the growth potential in China?

• China has limited growth potential due to geopolitical tensions.

• China's growth is expected to decline over the next five years.

• China has inherent growth potential, especially with the rise in millionaires.

• The company plans to exit the China market due to challenges.

How does the company plan to handle potential geopolitical tensions?

• By exiting the Asian market entirely.

• By closely monitoring the situation and ensuring compliance with sanctions.

• By focusing solely on the European market.

• By ignoring geopolitical tensions and continuing business as usual.

What is the company's approach to the China onshore wealth business?

• They have decided to delay the launch indefinitely.

• They are gradually investing and building up the business.

• They have abandoned plans for the China onshore wealth business.

• They are waiting for geopolitical tensions to resolve before proceeding.

What is the company's stance on the COVID-0 strategies in Greater China?

• They have changed their approach significantly.

• They are taking a long-term perspective and closely observing developments.

• They are focusing on short-term gains in the region.

• They have decided to exit the Hong Kong market.