Greater Bay investor opportunity grows

Which of the following groups is not set to benefit from the latest Connect scheme?

Insurers

Wealth managers

Individual investors

Banks

Which of the following groups did not announce the Wealth Management Connect scheme?

The People's Bank of China

The Monetary Authority of Macao

The Hong Kong Monetary Authority

The Prime Minister of Hong Kong

Which of the following answers most closely defines the purpose of the Connect scheme?

It allows mainland China residents in the Greater Bay area to invest in wealth management products in Hong Kong and Macau

It allows mainland China residents in the Greater Bay Area to invest

It allows mainland China residents in the Greater Bay area to invest in wealth management products in Hong Kong

It allows mainland China residents in the Greater Bay area to invest in wealth management products in Hong Kong and Macau, and vice versa

Which of the following answers most closely describes the 'incremental approach'?

It requires quotas to be conservative when a scheme launches, but that could change as the scheme evolves and conditions change

It does not require quotas when a scheme launches

It requires quotas to be conservative when a scheme launches, but that could change as the scheme enters its second year

It requires quotas to be conservative when a scheme launches

Which of the following places is not in the Greater Bay Area?

Macau

Shenzhen

Hong Kong

Beijing

Which of the following products would not be found in the scheme?

Complex products

Forex

Simple products

Non-complex and simple products

Which of the following groups is not expected to be a big beneficiary of the scheme?

Banks

Investment managers

Regulators

Investors

Which of the following answers is a key hurdle that the scheme must overcome in order to generate significant opportunities?

It needs more private funding

It needs ratification from all nine cities involved, and both special administrative regions

It needs to be better publicised

It needs to finalise its operating model

For what reason might annuity plans be offered as part of the scheme in the future?

Because more people in China are purchasing annuities

Because some insurance companies increasingly offer and integrate wealth management solutions

Because China's population is ageing and pension products are going to increase in quantity

Because the Chinese government has mandated that annuity plans will be offered in 2050

Which of the following is not listed in the article as having increased in Mainland China in recent years?

Personal debt

Share of savings

Disposable household income

Mass affluence

Greater Bay investor opportunity grows

Which of the following groups is not set to benefit from the latest Connect scheme?

Which of the following groups did not announce the Wealth Management Connect scheme?

Which of the following answers most closely defines the purpose of the Connect scheme?

Which of the following answers most closely describes the 'incremental approach'?

Which of the following places is not in the Greater Bay Area?

Which of the following products would not be found in the scheme?

Which of the following groups is not expected to be a big beneficiary of the scheme?

Which of the following answers is a key hurdle that the scheme must overcome in order to generate significant opportunities?

For what reason might annuity plans be offered as part of the scheme in the future?

Which of the following is not listed in the article as having increased in Mainland China in recent years?

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