China Introduces Wealth Management Connect with Assistance from Hong Kong, Macau
China has reportedly introduced the Wealth Management Connect (WMC) along with Hong Kong and Macau in order to conduct cross-border investments in various wealth management products distributed by banking institutions in the region. The Wealth Management Connect trading scheme will be handling 300 billion yuan… Read More
Read more in: Asia, Fintech | Tagged carrie lam, china, hkma, hong kong monetary authority, macau, mainland china, paul chan, wealth management