Cross-boundary Wealth Management Connect in the Guangdong-Hong Kong-Macao Greater Bay Area
Cross-boundary Wealth Management Connect in the Guangdong-Hong Kong-Macao Greater Bay Area (WMC) was formally launched in September 2021, allowing residents in Hong Kong, Macao and nine cities in Guangdong Province to carry out cross-boundary investment in designated wealth management products in the GBA. It is conducive to the facilitation of cross-boundary investment by individual residents of the GBA. “WMC 2.0” commenced on 26 February 2024 with enhancement measures such as increasing the individual investor quota, lowering the threshold for participating in the Southbound Scheme, expanding the scope of participating institutions and eligible investment products, etc.
