Bank of Communications (BoC) became the first Chinese mainland commercial bank to be listed on the Hong Kong Stock Exchange (HKSE) in June 2005. Following the listing, the bank established a wealth management business, thereby extending the distribution of bespoke structured deposits to its wealth management clients 18 months on from the launch of its structured products business. It has so far focused on foreign exchange products.
Hong Kong dollar deposit rates have been continuously reduced
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