Wealth Management Connect Scheme Drives Quadruple Surge in Cross-Border Investment, Confirms ICBC

Friday, 5 July 2024, 12:30
The Wealth Management Connect scheme experienced a significant uptick in cross-border investment after recent enhancements in February. Government data and ICBC confirm a quadruple increase in investment through the trading channel from January to April. The surge highlights the scheme's impact on facilitating cross-border investments and underscores its newfound relevance to investors.
South China Morning Post
Wealth Management Connect Scheme Drives Quadruple Surge in Cross-Border Investment, Confirms ICBC

Highlights:

The Wealth Management Connect scheme saw a surge in cross-border investment post-revamp in February.

Key Points:

  • Quadruple Increase: Investment via the trading channel surged fourfold from January to April.
  • Game-Changer: Recent improvements in the scheme have catalyzed significant investment growth.

The Wealth Management Connect scheme enhancements have proven instrumental in boosting cross-border investment, signaling positive developments in the financial landscape.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Related posts

Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe