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"China has been an important strategic partner for Angola and we believe that the Chinese private sector can play a crucial role in Angola's economic diversification by seizing the business opportunities listed in the privatization program," said Domingos Orlando Jacinto, press counselor at the Angolan embassy in Beijing.

"China can benefit greatly from the talents of these proven wealth managers, from both the positive impact their investments can have on the real Chinese economy and through the superior returns generated for Chinese institutions and investors. We want to be a part of the significant growth in China," said McGuire.

"China is incredibly important and becoming increasingly more important every day (for us). Our Chinese business is very Chinese, as it is led and run by Chinese people, and populated by Chinese people," said Abbosh, adding he is bullish on the prospects of the company's business in China.

"CMB has always been dedicated in bringing a better user-experience with technology and these clients are the people we can experiment on. I think artificial intelligence and fintech will be a new battleground to win over Chinese private banking clients."

"But we believe physical stores will still play an important role. Things will just become increasingly integrated.