The Securities and Futures Commission announced that 14 licensed corporations are eligible to participate in the cross-border wealth management pilot scheme in the Guangdong-Hong Kong-Macao Greater Bay Area (Cross-boundary Wealth Management Connect).

The 14 licensed corporations include China Galaxy International Securities (Hong Kong), Cisi Fin Securities, China International Finance Hong Kong Securities, China Merchants Securities (Hong Kong), Ping An Securities (Hong Kong), China Securities Co., Ltd. (International), Citic Sec Brokers (Hong Kong), Gf Sec (Hong Kong), Guosen Securities (Hong Kong), Gtja Securities (Hong Kong), Huatai Financial Holdings (Hong Kong), Guojin Intl Securities (Hong Kong), Swhy Securities (Hong Kong), and Cntai Intl Securities.

These licensed corporations are the first batch of brokerages that can provide cross-border investment services to investors in the Greater Bay Area. They will collaborate with mainland partner brokerages confirmed by relevant Mainland regulatory institutions to provide related services.