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AIIB confirms plan for Hong Kong office, with opening expected next year (www.scmp.com)

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The Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) has confirmed that it will open a hub office in Hong Kong – a move that will enhance its offshore financing capabilities and the city’s role as a global financial centre. Preparatory work is in the pipeline and progressing well, the Post has learned from the bank. A formal announcement is expected to be made by AIIB President Jin Liqun, who is scheduled to address Hong Kong FinTech Week on Monday. The AIIB’s second office...

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