A total of 178,000 people from Guangdong, Hong Kong, and Macao participated in the pilot program of "Cross-border Wealth Management Connect".
According to the Guangdong branch of the People's Bank of China, the "Cross-border Wealth Management Connect" in the Guangdong-Hong Kong-Macao Greater Bay Area will continue to progress in 2025. By 2025, banks in Guangdong, Hong Kong, and Macao will have closer cooperation, with 10 mainland banks conducting one-to-many business connections with banks in Hong Kong and Macao. By the end of 2025, a total of 70 banks, 28 securities companies, and 178,000 individuals in the Guangdong-Hong Kong-Macao Greater Bay Area will participate in the "Cross-border Wealth Management Connect" pilot program, involving a total of 131.3 billion yuan in cross-border Renminbi fund transfers.
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