Recent updates to the Wealth Management Connect scheme have broadened its scope in a number of areas that are likely to benefit financial institutions in Hong Kong. Changes include expanding access to the scheme to securities firms, and expanding both the investor quota and range of products that are eligible.

This flyer summarises the key revisions of WMC 2.0 and their potential benefits, and also explains the key actions that financial institutions should take if they want to participate in the scheme and successfully grow their wealth business in the Chinese Mainland GBA cities.