Property Millionaires Fuel One of Hong Kong’s Oldest Brokerages
- Everbright Sun Hung Kai to add 100 relationship managers
- May add branches to boost face-to-face engagement with clients
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One of Hong Kong’s oldest brokerages is boosting its wealth management operations in the city, where millionaires are being minted by a property boom.
Everbright Sun Hung Kai Co., a unit of China’s Everbright Securities Co., plans to add 100 relationship managers specializing in clients with at least HK$8 million ($1 million) of investable assets, said Deputy Chief Executive Officer Kevin Tai. The hires will take place over the next year or two and raise the team’s overall strength to about 500.