Sun Hung Kai Financial battles for rich clients

A commission price war raging among brokerages prompted Sun Hung Kai Financial's move into wealth management, but the diversification strategy is opening up new battles for one of the oldest names in finance in Hong Kong. With many international and local banks keen to expand in the fast-growing sector, SHK Financial is trying to push deeper into a crowded market.

via Business feed http://www.scmp.com/business/banking-finance/article/1320759/sun-hung-kai-financial-battles-rich-clients