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Yu Weiwen, Chief Executive of the Hong Kong Monetary Authority: No Timeline Yet for the Launch of Cross-Border Wealth Management Connect 3.0
09/06/2026 04:16
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Svmuureports that the Hong Kong Monetary Authority (HKMA) held a media briefing in Beijing. During the meeting, HKMA Chief Executive Eddie Yue stated that the HKMA is continuously discussing further optimization and expansion of the Cross-boundary Wealth Management Connect (WMC) with mainland financial regulatory authorities. There is room for expansion in terms of quota, product categories, and types of participating investors. Currently, a specific timeline for the launch of WMC 3.0 has not yet been determined. (Shanghai Securities News)
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