SUMMARY
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CLSA Asia-Pacific Markets, a brokerage and financial services group, predicts Southeast Asia may have more millionaires in coming days. It says the number of high net-worth individuals – people with more than US $1 million in assets – could double their spending power within five years, reaching 400,000 individuals (from about half that today) with more than US$1.8 trillion in wealth.
Read more on the Wall Street Journal.
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