GBA’s wealthy ready to up WMC investments one year after scheme’s launch

28 September 2022 | 2 minutes read
Photo by Lingchor on Unsplash

The vast majority of investors in the Greater Bay Area (GBA) plan to increase their allocations via the Cross-boundary Wealth Management Connect Scheme (WMC) over the next 12 months, according to a new survey by HSBC. The research, released on Wednesday, polled residents across 11 cities in the GBA with at least RMB1 million or HK$1 million in liquid assets…

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