26 Feb Greater Bay Area: HSBC, Standard Chartered increase Wealth Management Connect products amid drive to promote cross-border investment
Posted at 07:59h
in Asia
Launched in 2021, the mechanism allows residents of Hong Kong, Macau and nine cities in Guangdong province to invest directly in designated wealth management products across borders.New rules took effect on February 26 raising the individual investment quota from 1 million yuan (US$138,923) to 3...