The border crossing between Hong Kong and Shenzhen. Photo: Bloomberg
Explainer |
How China’s Greater Bay Area wealth management connect could help millionaires move their money across borders
- Size of quota, launch date as well as decisions on movement of people and capital still need to be fleshed out, say industry practitioners
- Cross-border banking partnerships seen as key to implementation
Topic |
Wealth management
The border crossing between Hong Kong and Shenzhen. Photo: Bloomberg