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Travel Restrictions Are All That’s Holding Up Launch of Greater Bay Investment Scheme, Official Says

2021年03月10日 20:47 来源于 财新网
Wealth Management Connect, a cross-border program for residents of Hong Kong, Macao and Guangdong, will get up and running once restrictions are lifted
Under the pilot program, residents of Chinese mainland cities in the Greater Bay Area will be allowed to invest in eligible wealth management products sold by banks in Hong Kong and Macao by opening accounts with the banks, and residents of those two territories can do likewise. Photo: VCG

The pilot scheme that will allow cross-border investments in wealth management products by residents of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is just waiting on the easing of Covid-related travel restrictions before it can be launched, said a Chinese central bank official.

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