On November 3, the Monetary Authority of the Macau Special Administrative Region Government stated. The Guangdong-Hong Kong-Macao Greater Bay Area “Cross-border Wealth Management” business pilot opened in the first two weeks of operation smoothly. So far, nearly 4,000 mainland and Macau residents have completed account opening.
Among them, “South Link” has nearly 300 mainland investors. Nearly 3,600 Macau residents participated in the “Northbound Link”. There have been nearly 900 transactions in the “Southbound Link” and “Northbound Link”. About 15% of them are transactions in the Hengqin Guangdong-Macao Intensive Cooperation Zone, and the market has responded well.