HSBC London Headquarter Riverview
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more



2024 / 2025 Summits in Hong Kong & Singapore
Institutional Investor Summit / Roundtable - March / Oct / Nov
Investment / Alternatives Summit - March / Oct / Nov
Investment Day - March / July / Sept / Oct / Nov
Private Wealth Summit - April / Oct / Nov
Family Office Summit - April / Oct / Nov
View Events | Register


This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $30 billion.











HSBC & Nielsen Survey: 82% of China GBA Mainland Investors to Invest in Wealth Management Connect

13th May 2021 | Hong Kong

HSBC and Nielsen released the survey result of 1,606 citizens in China’s Greater Bay Area on the Wealth Management Connect scheme, with 82% of China Mainland investors in the Greater Bay Area (GBA) planning to invest in Hong Kong via the Wealth Management Connect Scheme.

” 82% of China GBA Mainland Investors to Invest in Wealth Management Connect “

Currently, for individual investors, Hong Kong and Macau investors cannot invest direct into Mainland stocks while Mainland investors cannot invest into Hong Kong stocks.  The current regulations only allow qualified institutional investors to invest under the QFII, RQFII and QDII schemes.



- Article continues below -



Sign Up
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)


The 2024 Investment Day
17th Oct Hong Kong | 7th Nov Singapore

Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place on 17th Oct 2024 in Hong Kong, 7th Nov 2024 in Singapore. Every March, July, Sept, Oct & Nov.
Visit | Register here


The 2024 Family Office Summit
17th Oct Hong Kong St Regis | 7th Nov Singapore Amara Sanctuary Resort

Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2024 Family Office Summit | Register here


2024/2025 Institutional Investor Summit / Roundtable
March / Oct / Nov in Hong Kong & Singapore

Join CEOs, CIOs, Senior investment team from Sovereign Wealth Funds, Pension Funds, Endowments, Foundations & Charities in Hong Kong, Singapore & Asia-Pacific at the 2024 Institutional Investor Summit / Roundtable.   Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here


2024/2025 Investment / Alternatives Summit
March / Oct / Nov in Hong Kong & Singapore

Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here


2024/2025 Private Wealth Summit
April / Oct / Nov in Hong Kong & Singapore

Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit.  Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here





The Greater Bay Area (GBA) comprises of 3 territories of China – Guangdong (includes Shenzhen, Guangzhou), Hong Kong and Macao.  In the 2020 report released by The Hong Kong Financial Services Development Council (FSDC), the Greater Bay Area has a total population of 71.2 million, GDP of $1.64 trillion and GDP per capita of $23,075.

 

Wealth Management Connect

HSBC London Headquarter Riverview

The Wealth Management Connect was proposed to allow investors between Mainland China and Hong Kong to open banking & investment accounts, invest in stocks & bonds, purchase financial products and remit renminbi (RMB / CNY) & foreign currencies.

In May 2021,  the Central Bank of China and China regulators have set a net $23.2 billion (CNY 150 billion) quota for the Wealth Management Connect in the Greater Bay Area. The net cashflow movement between Mainland China and Hong Kong cannot exceed $23.2 billion (CNY 150 billion) while the individual investor investment quota is set at $155,000 (CNY 1 million).

 

HSBC & Nielsen Survey

The online survey was conducted in Q4 2020 with 1,606 citizens living in the 9 mainland cities in the GBA.  The survey covers who currently own or intend to take up financial products in Hong Kong in the next 12 months.

Survey Results

  • 82% – To invest in Hong Kong via Wealth Management Connect
  • 67% – Wealth Accumulation as key investment objective
  • 44% – preparing for life in retirement
  • 42% – Saving for children’s education
  • 65% – Plan to diversify investment products in Hong Kong

 

Survey Results – Product Preference for those already Invested in Hong Kong:

  • 38% – Funds
  • 37% – Stocks

 

HSBC in Greater Bay Area

Hong Kong, Asia’s leading financial centre

HSBC is the leading international bank in the Greater Bay Area with presence in all 21 prefecture level.  HSBC is also one of the world’s largest wealth managers, with Asia accounting for nearly half of the Bank’s $1.6 trillion (March 2021)* wealth balances and 65% of the Group’s wealth revenues.  Globally, HSBC has more than $2.9 trillion assets (March 2021).

Leveraging on its diversified wealth management solutions, leading digital services and excellent service teams, HSBC will actively assist customers in the GBA to fully capture opportunities brought about by Wealth Management Connect and the economic integration within the GBA. 

* HSBC Wealth balances include Premier and Jade deposits and AUM, Global Private Banking client assets and Asset Management AUM.

 

HSBC Head of Greater Bay Area, Daniel Chan:

“The findings reveal that GBA Southbound investors have strong interest to participate in Wealth Management Connect.  Guangdong is one of the most affluent regions in mainland China, with 290,000 families owning over RMB10 million in assets.

As a leading international asset and wealth management centre, Hong Kong is a key financial gateway for mainland Chinese investors to access broader range of wealth solutions and manage their global investments.

With Wealth Management Connect, Hong Kong’s financial institutions can help GBA Southbound investors allocate their assets globally, thereby capturing new wealth of opportunities in international markets.”

 

About the HSBC & Nielsen Survey:

An online survey by HSBC and the Nielsen Company (Hong Kong) was conducted in the fourth quarter of 2020. The survey aims to study the cross-boundary wealth management behaviour and preferences of GBA residents living in the nine mainland cities, including Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing.

A total of 1,606 residents aged 18-54 participated in the survey, they all currently hold or intend to take up financial products in Hong Kong in the next 12 months. The survey also looks into interviewees’ preferences, usage and requirements with regard to Hong Kong’s financial products, as well as their criteria in selecting Hong Kong’s wealth management products. 

 

Related:

HSBC:




Managing $20 million to $3 billion. Investing $3 million to $300 million.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.

Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more.  List hard-to-find financial & private wealth services.

Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at [email protected] or [email protected]

Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?



Quick Links


2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM


For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success

Register Below

For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.

Sign Up / Register


    Investment ProfessionalAdvisorProfessional InvestorFinancial ProfessionalManagementOthers


    $20 million to $100 million AUM$100 million to $300 million AUM$300 million to $1 billion AUM$1 billion to $10 billion AUM$10 billion to $100 billion AUMMore than $100 billion AUM


    Mailing List / Free TrialMonthly SubscriptionYearly SubscriptionMembershipEvents


    2024 Investment Day Hong Kong 17th Oct2024 Investment Day Singapore 7th Nov2024 Family Office Summit Hong Kong 17th Oct2024 Family Office Summit Singapore 7th Nov2025 Events












    Web links may be disabled on mobile for security.
    Please click on desktop.










    Caproasia Users

    • Manage $20 million to $3 billion of assets
    • Invest $3 million to $300 million
    • Advise institutions, billionaires, UHNWs & HNWs

    Caproasia Platforms | 11,000 Investors & Advisors

    Monthly Roundtable & Networking

    Family Office Programs

    The 2024 Investment Day

    • March 2024 - Hong Kong
    • March 2024 - Singapore
    • July 2024 - Hong Kong
    • July 2024 - Singapore
    • Sept 2024 - Hong Kong
    • Sept 2024 - Singapore
    • Oct 2024 - Hong Kong
    • Nov 2024 - Singapore
    • Visit: The Investment Day | Register: Click here

    Caproasia Summits

    Contact Us

    For Enquiries, Membership
    [email protected], [email protected]

    For Listing, Subscription
    [email protected], [email protected]

    For Press Release, send to:
    [email protected]

    For Events & Webinars
    [email protected]

    For Media Kit, Advertising, Sponsorships, Partnerships
    [email protected]

    For Research, Data, Surveys, Reports
    [email protected]

    For General Enquiries
    [email protected]





    Caproasia | Driving the future of Asia
    a financial information technology co.
    since 2014