Northbound investors make up bulk of trades in first month of GBA WMC

25 November 2021 | 3 minutes read

About RMB 267 million (US$42 million) has been remitted through the Wealth Management Connect (WMC) scheme in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) since it was launched last month, according to several media sources. As of 19 November 2021, 13,090 accounts had been opened under the WMC, it was reported on Thursday, quoting a statement from the Guangzhou branch…

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