Despite the tight geopolitical situation, Bill Winters, chief executive of Standard Chartered Group, is still optimistic about the bank's Chinese business and believes that when the travel between Hong Kong and the mainland resumes normal, the situation will improve.
According to Bloomberg, Winter said in an interview with TV: "One factor that hinders Hong Kong is the hard boundary with the mainland. When it is cut, we will get a huge booster."
When he delivered a speech, although health officials reiterated that China would adhere to the dynamic clearance policy, it was boosted by the regaining speculation. The Chinese stock market rebounded this week.
Winter said that the bank's Chinese business "did very well", an increase of 30%year -on -year, mainly because China continued to open.
He said: "Although in the face of various challenges and geopolitical factors, China still expressed his hope to promote the internationalization of the renminbi and hopes to be more open to international investors."
