Recently, the first batch of bank based cross-border wealth management products have been officially launched, adding a significant touch to investors' global asset allocation blueprint. This batch of products covers multiple overseas market targets, from mature European and American stock markets to emerging Asia Pacific and African markets, from stable bonds to diversified fund portfolios, providing investors with richer global asset allocation opportunities and effectively promoting the internationalization of the wealth management market. ​

Since its pilot in 2021, the "Cross border Wealth Management Connect" business has attracted much market attention. On January 24, 2024, six departments jointly released the "Implementation Rules for the Pilot of Cross border Wealth Management Service in the Guangdong Hong Kong Macao Greater Bay Area", marking its entry into the 2.0 stage. On November 1st, 14 securities firms became the first batch of institutions to participate in the pilot program of "Cross border Wealth Management Connect". As of the end of October 2024, the number of individual investors participating in the "Cross border Wealth Management Connect" in the Guangdong Hong Kong Macao Greater Bay Area reached 125400, and the amount of cross-border fund transfers processed by domestic banks was 95.216 billion yuan.

The launch of this new cross-border wealth management product not only enriches investment choices, but also meets the risk preferences and return goals of different investors. For high net worth investors, these products can be used to lay out high-quality global assets and diversify single market risks; Ordinary investors can also take this opportunity to participate in overseas investments at a lower threshold and share the dividends of global economic growth. At the same time, this also prompts domestic financial institutions to improve their service levels, strengthen their integration with the international financial market, and provide investors with more professional and comprehensive asset allocation plans. ​