Overview
The enhancement of the Cross-boundary Wealth Management Connect (“WMC”) Scheme in 2024 marked an important new phase in financial connectivity within the Greater Bay Area (“GBA”), with eligible securities firms now able to participate alongside banks.
This webinar will provide an in-depth analysis of the scheme’s strategic context, current market landscape, key enhancement measures and its impact, as well as future outlook.
Content Highlight
1. Strategic context and current market landscape
• Evolution of financial connectivity in the GBA
• The Cross-boundary WMC strengthens Hong Kong as a regional wealth management hub
• Analysis of fund flow trends and product preference data for Northbound and Southbound channels
2. Key enhancement measures and market impact
• Key enhancement measures: investor eligibility, product scope, individual quota, and participation by securities firms
• Implications for investors, product landscape, and market development in the GBA
3. Institutional ecosystem and future outlook
• The growing role of securities firms in Cross-boundary WMC
• Forecasting potential market growth areas and directions for business innovation
• Practical advice for securities industry professionals on leveraging this opportunity to enhance services and expand their business
Who Should Attend
The webinar is primarily targeted at senior management including directors, ROs, MICs, product and strategy leaders, investment advisors and in-house legal and compliance professionals in the financial services industry.
Instructor / Speaker
Zhihai DIAO
With over 18 years of experience in wealth management and private banking, Mr Diao has witnessed multiple market cycles, navigated shifting global trends, and helped shape CICC’s international wealth strategy.
In March 2008, Mr Diao joined CICC Wealth Management (Shenzhen), where he worked as an investment consultant and in marketing and business operations for seven years. In 2015, he became Vice President and Head of Sales and Operations at CMBI WM (China Merchants Bank International Capital Corporation Limited, Wealth Management Department). He rejoined CICC in October 2017 and was named Wealth Leader of the Year at Asian Private Banker’s 6th China Wealth Awards in 2023.
Mr Diao received a bachelor’s degree in International Economics and Trade from Shenzhen University in 2007.
Administrative Details
Type 4 - Advising on securities
Type 9 - Asset management
Regulatory Compliance
Chinese Securities Association of Hong Kong (HKCSA): HK$405
HKSI Institute Staff: Free
Honorary Fellow Member: Free
Non-Member: HK$580
Staff of Corporate Member: HK$290