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

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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