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HSBC GBA Wealth Management Connect

Broaden your investment opportunities across the Greater Bay Area

Want to learn more? Leave your contact details with us and we'll be in touch in 1-2 business days.

Expand your investment options to the Greater Bay Area

The continuous development of the Greater Bay Area (GBA) opens up more opportunities for investors in Guangdong, Hong Kong and Macau. Individual investors in the GBA now have greater freedom to open cross-border investment accounts directly, as well as tap into more diversified wealth solutions to manage their investments.

HSBC Bank (China) Company Limited (HSBC China) has partnered with The Hongkong and Shanghai Banking Corporation Limited (HSBC HK) to launch the Cross-boundary Wealth Management Connect Pilot Scheme in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA Wealth Connect scheme). The scheme provides GBA Wealth Connect services, including Southbound services and Northbound services, for eligible residents in GBA cities in the mainland and Hong Kong, in order to meet growing global wealth management needs.

Aligning with regulatory laws on cross-border personal investment product management and international practices, we use our unique expertise to create new cross-border opportunities, broaden market accessibility, and provide a wider variety of wealth management solutions for GBA residents. These wealth solutions are aimed at facilitating the flow and use of renminbi across borders and meeting asset management demands across the GBA.

Southbound and Northbound services

With over 150 years of rich experience and an extensive global network covering more than 60 countries and regions, we'd like to introduce you to HSBC GBA Wealth Management Connect Services (HSBC GBA Wealth Connect) for your cross-border investments.

With HSBC GBA Wealth Connect, you'll be able to:

  • invest up to the individual customer quota of RMB1 million; and
  • buy a variety of eligible wealth management products*

*The Wealth Management Connect Funds (Northbound and Southbound) shall be subject to close loop management and can only be remitted back in RMB into your Offshore Funding Source Account. The cross-boundary remittance of RMB between your Offshore Funding Source Account and your CNY Settlement Account Type I is subject to any aggregate Market quota (RMB150 billion) and individual investor quota (RMB1 million). You may invest a variety of low-to-medium-risk wealth management products in the GBA through a closed-loop funds flow. Northbound services product only contains Local unit trusts (distributed by HSBC China) with risk levels ranging from 1 to 3 so far. Please be aware of the risks associated with the product and make prudent investment decisions. 

Features

Effortlessly manage your cross-border transactions with HSBC GBA Wealth Connect. 

Take your investments to the next level with these HSBC GBA Wealth Connect features:

  • 24/7 digital access to HSBC GBA Wealth Connect

  • Access to GBA Wealth Management Connect Centres across the GBA regions

Capture opportunities with Southbound services

Southbound services open up new opportunities for eligible investors in GBA cities in the mainland, enabling them to open wealth management accounts with banks in Hong Kong and invest directly in eligible investment products.

To use our Southbound services, you will need to open a CNY Settlement Account Type I with HSBC China and set this as your designated account for Southbound services remittances. This account will be paired up with HSBC GBA Wealth Management Connect Investment Account you opened with HSBC HK to help manage your incoming and outgoing cashflow for GBA Wealth Connect.

Eligible products under Southbound services include:

  • Funds domiciled in Hong Kong, authorised by the Securities and Futures Commission, and assessed as low-to-medium risk and non-complex by the distributing Hong Kong banks
  • Bonds assessed as low-to-medium risk and non-complex assessed by the distributing Hong Kong banks 
  • Deposits: Renminbi, Hong Kong dollar and foreign currency deposits (US dollar, Australian dollar, Canadian dollar, Swiss franc, euro, Japanese yen, UK pound sterling and New Zealand dollar)

Learn more about Southbound services from HSBC HK, our partner bank in Hong Kong for GBA Wealth Connect.

Unlock growth potential with Northbound services

Northbound services paves the way towards new cross-border opportunities for eligible Hong Kong investors by allowing them to open wealth management accounts with banks in GBA cities in the mainland and invest directly in eligible investment products.

Products under Northbound services include:

  • Local unit trusts (distributed by HSBC China) with risk levels ranging from 1 to 3 

*The funds mentioned on this page are issued and managed by the third party product providers. Under no circumstances will HSBC China (as a sales agent of fund houses) be liable for the responsibilities of investment, redemption and risk management. Please be aware of the risks associated with the product and make prudent investment decisions.

How to open an HSBC GBA Wealth Management Connect Account

  1. In GBA cities in the mainland: Open a CNY Settlement Account Type I with us and set it as your dedicated remittance account for Southbound services
  2. In Hong Kong: Open an HSBC GBA Wealth Management Connect Investment Account with HSBC HK. Alternatively, you can open an HSBC GBA Wealth Management Connect Investment Account via an attestation service with us in GBA cities in the mainland
  3. After completing the relevant steps above, pair up your remittance account with your investment account

You're eligible for access to HSBC GBA Wealth Connect Southbound services if you meet these requirements and you're verified by us to:

  1. be aged 18 or above, hold a Chinese resident ID card and have full civil capacity
  2. have a registered household in any of the 9 mainland GBA cities or be a resident who has paid social security or personal income tax for five consecutive years in any of the 9 mainland GBA cities including Guangzhou, Shenzhen, Dongguan, Zhongshan, Zhuhai, Foshan, Jiangmen, Zhaoqing and Huizhou:
    - Your household registration address page should show one of the 9 mainland cities
    - Your social security records should span five consecutive years within any of the 9 mainland cities and must be provided by the official Social Security Bureau
    - Your personal income tax payment records should span five consecutive years within any of the 9 mainland cities and must be provided by the official Tax Bureau
  3. have at least two years of investment experience1 and to be qualified for any of the following:
    - Household financial net assets no less than RMB1 million on month end balance2
    - Household financial net assets no less than RMB2 million over past three months2
  4. have no record of having applied for Southbound services provided by other banks

Want to learn more about HSBC GBA Southbound Wealth Management Connect Services, such as opening an HSBC China remittance account or an HSBC HK investment account via an attestation service? Contact us by making an appointment.

Not yet an HSBC China customer? Scan below QR code to experience smart account opening.

Already an HSBC China customer? Contact your relationship manager or call us at 400-920-3827 to find out more.

Learn More

Make an appointment

Leave your contact details with us and we'll be in touch in 1-2 business days.

Call us

400-920-3827 (24H, Mon - Sun)

If you are calling from overseas, Hong Kong SAR, Macau SAR or Taiwan, please use the country code for mainland China: +86

Partner Bank

The Hongkong and Shanghai Banking Corporation Limited

Note: For more information, please visit our partner banks' website.

Forms and Documents

This page is for information only. All services provided by HSBC Bank (China) Company Limited (the "Bank") are subject to the prevailing applicable terms and conditions, and prevailing applicable laws and regulations in relation to the Cross-boundary Wealth Management Connect Pilot Scheme in the Guangdong-Hong Kong-Macao Greater Bay Area ("GBA Wealth Connect Scheme"). In case of any discrepancies or inconsistencies between the information from this page and the applicable terms and conditions, laws and regulations, the latter shall apply and prevail. The Bank is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use or reliance of the information in this document. This page and any information or advertisements made available to you are not intended to provide investment advice and do not constitute a solicitation or recommendation for the making of any deposit or investment or subscribing for any service. The Bank gives no guarantee, representation or warranty as to the accuracy, timeliness or completeness of such information. Such information is subject to change without notice. Applicable laws and regulations in relation to the GBA Wealth Connect Scheme may change from time to time. Investment is not equal to deposit.

Please be aware of the risks associated with the product and make prudent investment decisions.