Hong Kong wealth manager CITIC Securities Brokerage HK has introduced a wealth management account called CITICS Plus.
The new account will offer a variety of financial products, professional services and asset management solutions to high net worth individuals (HNWI).
CITIC Securities Brokerage HK head of Product Management Matthew Chan said: “There is growing demand for sophisticated and tailor-made wealth management services among HNWI.
“CITICS Plus was specifically designed to satisfy their appetite for product diversity, financing flexibility and quality of service.
The customers can utilise CITICS Plus’s wealth management platform for premium, flexible and goal-oriented investment services.
They can also diversify their investment across mutual funds, bonds and structured products.
Offering up to 70% margin ratio on selected products, the wealth management account is devised to offer significant financial flexibility on investment portfolio management as well as in optimising reinvestment opportunities.
CITIC Securities Brokerage HK CEO Tony Leung said: “CITIC Securities Brokerage HK is shifting its focus towards wealth management services.
“We have established a dedicated team of wealth managers to provide services to Chinese customers in Northern, Southern and Eastern China, with liaison points in key provinces and cities and CITICS Plus will enable us to expand our footprint.
“The launch of CITICS Plus is in line with CITIC Securities Company Limited’s strategy to offer both onshore and offshore products and services.”