Finance lobby group calls for bolder overhaul of Wealth Management Connect scheme to boost Chinese investments

Finance lobby group calls for bolder overhaul of Wealth Management Connect scheme to boost Chinese investments

Regulators should take bolder steps to expand the Wealth Management Connect scheme and encourage more investments in Hong Kong products by mainland China-based investors, according to a finance lobby group. The government’s recent adjustments are “steps in the right direction”, but further relaxations are needed, as the support provided now is “not significant” enough to…

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