A total of 118 billion yuan remitted! The number of investors in the Greater Bay Area using "Cross-border Wealth Management Connectivity" has exceeded 160,000 people.
Journalists learned from the Guangdong Branch of the People's Bank of China that since the launch of the "Cross-border Wealth Management Connection" in 2021, it has greatly facilitated the cross-border investment convenience for residents of the Guangdong-Hong Kong-Macao Greater Bay Area. As of the end of June 2025, a total of 161,700 individual investors from the Greater Bay Area have participated in the "Cross-border Wealth Management Connection", involving cross-border funds transfers exceeding 118 billion yuan. Currently, there are 34 pilot banks and 14 securities companies participating in the pilot in the nine mainland cities of the Greater Bay Area. In addition, the Greater Bay Area is constructing a unique pension financial services system through innovative cross-border medical financial services, improving cross-border real estate financial services, and comprehensive cross-border pension financial services. According to statistics, as of the end of June this year, the Guangdong Branch of the People's Bank of China has handled 3,341 transactions for Hong Kong and Macao residents purchasing property in the mainland, generating cross-border revenue equivalent to 3.08 billion yuan.
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