Citic Securities chief economist Mingming: In October, a new round of deposit rate cuts helped promote "deposit migration", or will further drive the high growth of wealth management scale. It is expected that the scale of wealth management will experience seasonal contraction in December. Bond market volatility will also temporarily disturb the scale of wealth management.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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