On the 28th, the reporter learned from the People's Bank of China that in order to deepen financial cooperation between Guangdong, Hong Kong, and Macao, the People's Bank of China and other departments have decided to further optimize the pilot of the "Cross border Wealth Management Connect" business in the Greater Bay Area of Guangdong, Hong Kong, and Macao, and promote the interconnection of the financial market in the Greater Bay Area. According to reports, the People's Bank of China, the State Administration of Financial Supervision and Administration, the China Securities Regulatory Commission, the State Administration of Foreign Exchange, the Hong Kong Monetary Authority, the Hong Kong Securities and Futures Commission, and the Macao Monetary Authority have decided to further optimize the pilot of the "Cross border Wealth Management Connect" business in the Guangdong Hong Kong Macao Greater Bay Area. One is to optimize the admission conditions for investors and support more residents of the Greater Bay Area to participate in the pilot project. The second is to expand the scope of participating institutions, add securities companies that meet the requirements as participating entities, and provide investment products and related services for individual clients of "Nanxiangtong" and "Beixiangtong". The third is to expand the scope of qualified investment products for "South to North" and "North to North", to better meet the diversified investment needs of residents in the Greater Bay Area. The fourth is to appropriately increase the limit of individual investors. Fifth, further optimize promotional sales arrangements and guide financial institutions to provide high-quality financial services to residents of the Greater Bay Area. (New News Agency)
Edit：Hu Sen Ming Responsible editor：Li Yi
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