Guangdong-GBA — Cross-Border Wealth Management Connect 3.0
Published: March 1, 2026
Executive Summary
The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) launched Wealth Management Connect 3.0, significantly expanding cross-border investment channels. Individual investment quotas were tripled, product scope broadened to include ETFs and green bonds, and participation extended beyond banks to include securities firms and fund managers.
Key Points
Individual quota: increased from RMB 1 million to RMB 3 million per investor
Product scope: expanded from mutual funds only to include ETFs, green bonds, and structured deposits
Participating institutions: expanded beyond banks to include qualified securities firms and fund managers
Northbound flow (HK/Macao → mainland): annual aggregate quota raised to RMB 500 billion
Southbound flow (mainland → HK/Macao): annual aggregate quota raised to RMB 300 billion
Digital onboarding: fully digital KYC and account opening, eliminating in-person visit requirement