Wealth Management Connect
Seize opportunities in the Greater Bay Area

The newly announced Wealth Management Connect Pilot Scheme lets you tap into more potential for growth across the Mainland Greater Bay Area (“GBA”). Thanks to this new pilot scheme, you can invest in cross-boundary wealth management products offered by financial institutions in the GBA.

For Mainland GBA Investor*
Eligible customers can open a dedicated investment account in Hong Kong and Macao banks or licensed corporation and remit funds through a closed-loop system to purchase eligible investment products sold by Hong Kong and Macao banks or licensed corporations. Each eligible Southbound investor can only open one Mainland Remittance Account in a bank or broker respectively and one Hong Kong and Macao Investment Account in a bank or licensed corporation respectively at any time.

* The Greater Bay Area Mainland cities comprises the nine municipalities of Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing in Guangdong Province.

Southbound connect
  • 总额度
    Aggregate quota
    The aggregate quota for the Southbound Scheme is initially set at RMB 150 billion
  • 个人额度
    Individual investor quota
    The Individual investor quota for each investor is RMB 3 million*
Individual investor quota calculation:
Usage of individual investor quota
under Southbound Connect
= Cumulative remittances
from the Mainland to HK
- Cumulative remittances
from HK back to the Mainland

* If an investor simultaneously selects both a bank and a licensed corporation for investment under Southbound Scheme, the individual investor quota allocated between the bank and the licensed corporation will each be RMB 1.5 million

Wealth management products under Southbound Connect include

  • Investment products (excluding investment products listed and traded on the Hong Kong Exchanges and Clearing Limited)
    (1) All funds domiciled in Hong Kong and authorized by the SFC, primarily investing in Greater China equity and assessed as “non-complex” by Hong Kong banks distributing such products;
    (2) Except for the funds specified in item (1), funds that are domiciled in Hong Kong and authorized by the SFC and are assessed as “low” risk to “medium-high” risk and “non-complex” by Hong Kong banks distributing such products, excluding high-yield bond funds and single emerging market equity funds; Fund search
    (3) Bonds assessed as “low” risk to “medium” risk and “non-complex” by Hong Kong banks distributing such products.
  • Deposits
    RMB, HKD and foreign currency deposits namely US dollar, Euro, UK Pound Sterling, Australian dollar, New Zealand dollar, Canadian dollar, Swiss Franc, Japanese Yen and Singapore dollar.

Why partner with DBS for your Wealth Management Connect journey

Best of Investment Choices
Intelligent Digital Journeys
Exceptional Customer Service

DBS, PSBC and SRCB​
Your partners for success in the Greater Bay Area

To bring you a first-rate experience, we’ve partnered with PSBC, SRCB and DBS China in the GBA WMC Southbound Scheme. These partnerships let us deliver seamless service to help you explore opportunities between the Mainland and Hong Kong.

You can choose either one of our Mainland partner banks to open the Remittance Account

How Wealth Management Connect can benefit you

Diversify your portfolio and grow your wealth with DBS Hong Kong’s wide range of eligible Wealth Management Connect products with different risk ratings.

Hong Kong investors can open a dedicated remittance account in their place of residence and remit funds through a closed-loop system to purchase eligible wealth management products sold by Mainland banks or broker in the Greater Bay Area Mainland cities*. Each eligible Northbound investor can only open one Hong Kong and Macao Remittance Account in a bank or licensed corporation respectively and one Mainland Investment Account in a bank or broker respectively at any time.

*GBA Mainland cities refer to nine municipalities of Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing in Guangdong Province

Northbound connect
  • 总额度
    Aggregate quota
    The aggregate quota for the Northbound Scheme is initially set at RMB 150 billion
  • 个人额度
    Individual investor quota
    The Individual investor quota for each investor is RMB 1 million*
Individual investor quota calculation:
Usage of individual investor quota
under Northbound Connect
= Cumulative remittances
from HK to the Mainland
- Cumulative remittances
from the Mainland back to HK

* According to latest Wealth Management Connect regulatory requirements, the individual investor quota for each investor is up to RMB 3 million. If an investor simultaneously selects both a bank and a licensed corporation for investment under Northbound Scheme, the individual investor quota allocated between the bank and the licensed corporation will each be RMB 1.5 million.

DBS will keep RMB 1 million as individual investor quota under the Northbound Scheme until further notice.

Investment products under Northbound Connect include

  • As assessed by mainland public fund managers and mainland distributing banks to carry a risk rating of 'R1' to 'R3' *

    * According to latest Wealth Management Connect regulatory requirements, the eligible product under Northbound Scheme will be (1) RMB-denominated deposit products; (2) Public fixed income wealth management products and equity wealth management products, with risk rating of “R1” to “R3” (excluding wealth management products for the purpose of cash management); (3) Public securities investment funds with risk rating “R1” to “R4” (excluding commodity futures funds).
    DBS will share further notice when ready for new eligible products under Northbound Scheme.

Why partner with DBS for your Wealth Management Connect journey

Offer different investment choices
Excellent Customer Service

DBS​
Your partners for success in the Greater Bay Area

To bring you a first-rate experience, we’ve partnered DBS China in the GBA WMC Northbound Scheme. The partnership lets us deliver seamless service to help you explore opportunities between the Mainland and Hong Kong.

How Wealth Management Connect can benefit you

Diversify your portfolio and grow your wealth with DBS Hong Kong’s wide range of eligible Wealth Management Connect products with different risk ratings.

Contact Us and more
Enquiry or feedback
Register now

Enquiry Hotline:
+852 2961 2338

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