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DBS taps another Chinese bank to provide wealth products to GBA investors

Shenzhen Rural Commercial Bank headquarters

DBS Bank (Hong Kong) has teamed up with Shenzhen Rural Commercial Bank (SRCB) to offer southbound trading services to investors in the Greater Bay Area (GBA) under the cross-boundary Wealth Management Connect (WMC) scheme. The arrangement, announced on Tuesday, marks the third such partnership for the Singapore-based lender’s Hong Kong unit following similar tie-ups with DBS Bank (China) and Postal…

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