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Introduction: Mutual funds have gained significant popularity among investors in Pakistan due to their potential for growth and diversification. These investment vehicles pool money from multiple investors and invest in a diversified portfolio of assets, offering individuals an opportunity to participate in the financial markets without directly managing their investments. In this blog post, we will explore the various types …

Introduction: Hong Kong’s banking regulator, the Hong Kong Monetary Authority (HKMA), has reportedly urged major banks like HSBC, Standard Chartered, and Bank of China to engage with crypto exchanges, signaling the city’s ambition to establish itself as a global crypto hub. While concerns over potential illicit activities remain, the HKMA emphasized that due diligence on crypto clients should not create …

Introduction: Chinese banks are further integrating the digital yuan, China’s central bank digital currency (CBDC), into wealth management options, signaling the continued expansion of its use. The China Construction Bank (CCB), in collaboration with China International Capital Corporation (CICC) and securities firms Orient Securities and Guotai Junan Securities, will enable customers to utilize their personal digital yuan wallets as a …