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Bottom Line: What to expect from Wealth Management Connect 2.0

Panoramic view of Hong Kong-Zhuhai-Macau Bridge is seen at sunset.

Bigger quotas, more products and wider scope: these are some of the benefits that private banks and fund manufacturers after regulators in the Greater Bay Area (GBA) unveiled proposals to upgrade the Wealth Management Connect (WMC) scheme. The linkage, which was first launched in October 2021, currently has 19 participating banks and allows eligible investors in mainland China, Hong Kong…

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