Recently, the Guangdong branch of China's people's bank reported the cross-border wealth management business situation in May 2024. In May, a total of 4,779 new individual investors participated in the Cross-border Wealth Management scheme in the South China Greater Bay Area, and domestic banks handled cross-border fund transfers totaling RMB 8.338 billion through the closed-loop fund transfer channel.
5月粤港澳大湾区“跨境理财通”个人投资者新增近5000人
In May, nearly 5,000 new individual investors were added to the South China Greater Bay Area's "Cross-border Wealth Management Connect" program.
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