Wealth Management Connect (WMC) 2.0

The updated WMC scheme tripled individual investment quotas from RMB 1 million to RMB 3 million and expanded eligible products. Early Q2 data shows a massive spike in 'Southbound' capital seeking higher yields in HKD/USD deposits, overwhelming local compliance teams.

FAQ

  • Can corporate accounts participate in WMC?
    No. WMC strictly governs retail individual investors.