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Banks roll out services for “game changer” WM Connect scheme after HKMA nod

Following the green light from the Hong Kong Monetary Authority (HKMA), HSBC and Standard Chartered have kicked off services under the Wealth Management Connect (WMC) scheme, described by one lender as a “game-changer” in the Greater Bay Area (GBA), The 19 lenders that have been approved by HKMA to sell products to mainland China investors through the WMC Southbound Scheme…

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