No launch date in sight for wealth management connect as it depends on resumption of cross-border travel, HKMA chief says

//No launch date in sight for wealth management connect as it depends on resumption of cross-border travel, HKMA chief says

No launch date in sight for wealth management connect as it depends on resumption of cross-border travel, HKMA chief says

The launch of the wealth management connect will have to wait until cross-border travel restrictions are relaxed, but the Hong Kong Monetary Authority is working with mainland authorities to get it off the ground as quickly as possible, according to the head of the de facto central bank. “As the travel restrictions remain in place, it would be hard to launch the wealth management connect at the moment as investors will need to cross the border to open a bank account,” said Eddie Yue Wai-man,…

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By | 2021-03-15T02:30:09+00:00 March 15th, 2021|Business|Comments Off on No launch date in sight for wealth management connect as it depends on resumption of cross-border travel, HKMA chief says