- WE SUPPORT FINTECH COMPANIES IN RAISING CAPITAL AND EXPANDING GLOBALLY.
- info@fintech-consult.com
Wealth Management Connect in the Greater Bay Area – An Opportunity for International FinTechs?
We assume that Wealth Management Connect, the new initiative of the Guangdong-Hong Kong-Macau Greater Bay Area, will be successful in granting access to the Mainland market for a broad range of wealth management products via Hong Kong. We recommend international FinTech companies in the field of wealth management interested in the Chinese market to observe the developments and possibly become active out of Hong Kong.
2 Comments
GBA Wealth Connect scheme becomes effective on 05 June 2001. A combined quota of 150 billion yuan (US$23 billion) has been set for the southbound and northbound movements of funds under the pilot program.
https://www.theasset.com/article/43574/gba-wealth-connect-scheme-becomes-effective-on-june-5
SFC warns Hong Kong not ready for mainland investors:
https://www.digfingroup.com/sfc-wealth-connect/?mc_cid=c619e68a2c&mc_eid=f589779845