


The region has more than 450,000 High-Net-Worth (HNW) families with over RMB 6 million, and an aggregate estimated RMB 2.7 trillion, in investable assets across the region. The GBA - or Greater Bay Area, which is made up of Hong Kong, Macau, and nine cities in the Guangdong province - is considered to be the world’s wealthiest region. Takeaway #1: The GBA and WMC Scheme in a nutshell. Here are some key takeaways and insights from the session.

Synpulse’s Andreas Mettenberger, Director and Head of Business Innovation and Growth, and Marina Mai, Senior Consultant, Regulatory Compliance & Risk - Greater Bay Area Subject Matter Expert, were joined by Thomas Tse, Director, Client Solution Greater China of InvestCloud, and moderator Mario Bassi, Senior Advisor and Lead Business Development APAC from The Wealth Mosaic. The launch of the Wealth Management Connect (WMC) Scheme in the Greater Bay Area (GBA) is expected to create a combined flow of funds of more than RMB 300 billion, leading to vast amount of opportunities for financial institutions across the region.Īuthors: Marina Mai and Andreas MettenbergerĪt the recent APAC WealthTech Talks: Keys to Success GBA Wealth Management Connect (WMC) organised by The Wealth Mosaic on 12 October 2021, Synpulse experts joined a panel of thought leaders to share their knowledge and insights on the WMC Scheme, and the potential challenges and opportunities Hong Kong banks may encounter. English | 中文 Panel Highlights: Keys to Success – Wealth Management Connect in the Greater Bay Area
