"Cross-border Wealth Management Connect" is a pilot program for mainland China and Hong Kong-Macao investors in the south china greater bay area to invest in eligible products provided by each other's financial institutions. The pilot of "Cross-border Wealth Management Connect" 2.0 officially launched on December 4th, allowing investors in the south china greater bay area to choose from a more diverse range of investment products through additional channels. With the launch of the pilot version 2.0 of "Cross-border Wealth Management Connect," starting today, residents of mainland China and Hong Kong-Macao within the south china greater bay area can mutually purchase each other's financial products through securities companies. The newly added products available for purchase include some higher-risk level fund products. In the previous pilot phase 1.0 of "Cross-border Wealth Management Connect," investors could only purchase through commercial banks. With the pilot phase 2.0 of "Cross-border Wealth Management Connect," securities companies have been added. It is understood that the initial batch of 14 securities companies have been approved to conduct business. (CCTV)
“跨境理财通”2.0试点正式落地 新增证券公司渠道
"Cross-border Wealth Management Connect" 2.0 pilot officially launched, adding new channels for securities companies.
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