【编者按】随着中国经济与全球经济发展日益融合，以及中国资本市场开放程度不断提升， 跨境财富管理迎来黄金时代！ 中国基金报和深圳市财富管理协会共创"跨境财富谈"栏目，采访境内外财富管理知名机构， 助力投资者更全面了解跨境财富管理面临的机遇和风险，洞悉金融机构全球资产配置最新策 略。 8月4日，香港金融管理局总裁余伟文撰文表示，"跨境理财通2.0"优化措施自实施以来，市场 反应良好，截至今年6月底，参与的个人投资者超过16万人，与"跨境理财通1.0"相比录得超 过120%的增幅；南向通方面，香港参与机构的投资者持仓市值超过160亿元人民币，与"跨 境理财通1.0"相比录得两倍的增幅。 "跨境理财通"2.0启动以来，投资者参与度为何会显著提升？券商成为新一类试点机构，面对 新的竞争对手，银行会如何应对？投资者应如何选择"跨境理财通"产品？就此，中国基金报 记者独家专访了 工行深圳市分行 相关负责人。 此外，效率需求凸显。 客户对开户、交易、资金划转的便捷性和时效性要求极高。这正是我 行今年优化南向通线上开户办理流程的直接驱动力。我们观察到，线上化、无纸化、快速审 批成为客户的核心诉求之一。 而且，服务需求也在升级。 ...

【编者按】随着中国经济与全球经济发展日益融合，以及中国资本市场开放程度不断提升，跨境财富管 理迎来黄金时代！ 此外，效率需求凸显。客户对开户、交易、资金划转的便捷性和时效性要求极高。这正是我行今年优化 南向通线上开户办理流程的直接驱动力。我们观察到，线上化、无纸化、快速审批成为客户的核心诉求 之一。 中国基金报和深圳市财富管理协会共创"跨境财富谈"栏目，采访境内外财富管理知名机构，助力投资者 更全面了解跨境财富管理面临的机遇和风险，洞悉金融机构全球资产配置最新策略。 8月4日，香港金融管理局总裁余伟文撰文表示，"跨境理财通2.0"优化措施自实施以来，市场反应良 好，截至今年6月底，参与的个人投资者超过16万人，与"跨境理财通1.0"相比录得超过120%的增幅；南 向通方面，香港参与机构的投资者持仓市值超过160亿元人民币，与"跨境理财通1.0"相比录得两倍的增 幅。 "跨境理财通"2.0启动以来，投资者参与度为何会显著提升？券商成为新一类试点机构，面对新的竞争 对手，银行会如何应对？投资者应如何选择"跨境理财通"产品？就此，中国基金报记者独家专访了工行 深圳市分行相关负责人。 该负责人表示，"跨境理财通"日益 ...

【编者按】随着中国经济与全球经济发展日益融合，以及中国资本市场开放程度不断提升，跨境财富管 理迎来黄金时代！ 力推线上开户，满足客户 线上化、无纸化、快速审批诉求 该负责人告诉记者，"跨境理财通"2.0启动以来，工行深圳市分行客户需求显著增长且不断深化。 一方面，参与门槛优化效应明显。南向通个人投资者准入标准下调，惠及并吸引了更广泛的客群，特别 是年轻白领、中小企业主等。 此外，效率需求凸显。客户对开户、交易、资金划转的便捷性和时效性要求极高。这正是我行今年优化 南向通线上开户办理流程的直接驱动力。我们观察到，线上化、无纸化、快速审批成为客户的核心诉求 之一。 中国基金报和深圳市财富管理协会共创"跨境财富谈"栏目，采访境内外财富管理知名机构，助力投资者 更全面了解跨境财富管理面临的机遇和风险，洞悉金融机构全球资产配置最新策略。 8月4日，香港金融管理局总裁余伟文撰文表示，"跨境理财通2.0"优化措施自实施以来，市场反应良 好，截至今年6月底，参与的个人投资者超过16万人，与"跨境理财通1.0"相比录得超过120%的增幅；南 向通方面，香港参与机构的投资者持仓市值超过160亿元人民币，与"跨境理财通1.0"相比 ...

Core Insights - Hong Kong continues to attract global capital due to its robust financial system, legal framework, and open business environment, positioning itself as a safe haven for funds [2] Group 1: Asset and Wealth Management Growth - The asset and wealth management sector in Hong Kong experienced a significant growth of 13% year-on-year, reaching a total asset value of HKD 35.14 trillion by the end of 2024 [3] - Net inflows of funds surged by 81% to HKD 705 billion, with asset management and fund advisory services seeing a remarkable increase of 571% in net inflows to HKD 321 billion [3] - Private banking and wealth management assets grew by 15% year-on-year, totaling HKD 10.4 trillion [3] Group 2: Foreign Investment and Fund Establishment - Over 54% of the total managed assets in Hong Kong come from non-mainland Chinese and foreign investors, with steady growth from Asia-Pacific, North America, and Europe [5] - The net inflow of funds into Hong Kong-registered funds increased by 88% to HKD 163 billion in 2024, continuing strong performance into 2025 with HKD 237 billion recorded by May [5] - The number of registered open-ended fund companies rose significantly by 93% in 2024, indicating a growing utilization of Hong Kong's fund structures [7] Group 3: Offshore RMB Center and Financial Innovations - Hong Kong holds the largest offshore RMB deposit pool globally, accounting for over half of all offshore RMB deposits, totaling RMB 1.03 trillion as of April 2025 [7] - The Hong Kong Securities and Futures Commission (SFC) aims to enhance its role as an international asset and wealth management hub through financial innovations and a growing talent pool [7][10] Group 4: Future Prospects and Strategic Initiatives - The Hong Kong government is implementing reforms to attract more global capital, including green finance and virtual asset policies, and optimizing regulations for over-the-counter derivatives [8] - The 2024 Policy Address emphasizes strengthening Hong Kong's position as an international asset and wealth management center, with projections indicating it could become the largest cross-border wealth management hub by 2028 [8][10] - Boston Consulting Group's report predicts that by 2027, Hong Kong will surpass Switzerland in asset management scale, reaching USD 3.1 trillion [10][11]

Core Viewpoint - M&G Investments and Guotai Junan Securities have signed a strategic cooperation memorandum to expand channels for Chinese investors to participate in global markets, combining M&G's global expertise with Guotai Junan's local market leadership [1][2]. Group 1: Strategic Cooperation - The cooperation will focus on four key areas: information sharing, asset management development, client engagement, and investment market promotion, laying a solid foundation for future collaboration in investment research, product innovation, and global distribution [2]. - M&G aims to leverage Guotai Junan's market position to reach a broader local investor base, while Guotai Junan seeks to enhance its global investment management capabilities through M&G's expertise [2][3]. Group 2: Market Context and Growth Potential - The partnership comes at a critical time for China's asset management industry, which is undergoing regulatory reforms and increasing demand for international asset allocation due to global market volatility and geopolitical changes [1]. - The Chinese asset management industry is projected to reach $40.4 trillion by 2030, highlighting significant growth opportunities [1]. Group 3: Product Development and Future Plans - Both companies are jointly developing a brand-focused fixed income investment solution targeting the Asian market, set to launch in the coming months [2]. - They are also exploring other collaborative projects, including QDII-compliant products and investment consulting mechanisms, to maximize their strengths in global investment management and local market knowledge [2]. Group 4: Leadership Statements - M&G's CEO emphasized the long-term commitment to the Asian market, particularly China, and the opportunity to provide quality investment solutions for Chinese investors [3]. - Guotai Junan's representative highlighted the synergy between their deep understanding of the Chinese market and M&G's global investment expertise, aiming to offer diversified overseas investment solutions [3].

Group 1 - The event "2025 Shenzhen-London Financial Dialogue: China-UK Cross-Border Wealth Talks" was held in Shenzhen to deepen practical cooperation in the financial sector between Shenzhen and the City of London, focusing on wealth management and other frontier areas [1] - Since the signing of the cooperation memorandum in 2004, Shenzhen and London have established a regular communication mechanism, hosting six online forums since 2020 on topics such as ESG investment and green finance, with over 1 million participants [1] - The event aims to enhance bilateral financial cooperation and project implementation to meet residents' wealth preservation and appreciation needs [1] Group 2 - Two roundtable discussions were held, with representatives from Shenzhen financial institutions and UK guests discussing core topics [2] - In the first roundtable, a representative from China Merchants Bank noted that the new policy for cross-border investment has increased the scale of cross-border fund investments by 6.2 times, indicating a surge in overall business capacity and client demand for cross-border investments [2] - The Secretary-General of Shenzhen Wealth Management Association proposed the establishment of a "Shenzhen-London Public Welfare Lecture Hall" to invite experts from the City of London for regular training and exchanges, covering service systems, product innovation, and risk management [2]

Core Viewpoint - Ant Group's acquisition of Hong Kong's Yaotai Securities for HKD 2.8 billion is not just a capital maneuver but a strategic move to enhance cross-border wealth management capabilities [1] Group 1: Transaction Details - Ant Wealth acquired a 50.55% stake in Yaotai Securities at HKD 3.28 per share, representing a 17.6% premium over the pre-suspension price [3] - The acquisition grants Ant Wealth access to all major financial licenses in Hong Kong, allowing it to conduct securities, futures, and asset management businesses without the lengthy application process [3] - Yaotai Securities has a client asset scale of HKD 60.5 billion, holding a 12% market share in Hong Kong's retail brokerage market [3] Group 2: Strategic Implications - The acquisition exemplifies a "technology + license" strategy, positioning Ant Group to leverage Hong Kong as a gateway for connecting mainland investors with global markets [4] - By controlling Yaotai Securities, Ant Group can facilitate direct access for mainland investors to Hong Kong and U.S. stock markets, enhancing global asset allocation capabilities [4] - The integration of AI and blockchain technologies into Yaotai Securities aims to transform traditional brokerage operations into digital wealth management centers [4] Group 3: Market Impact and Challenges - The acquisition poses challenges such as regulatory uncertainties, cultural integration issues, and potential market volatility affecting investment returns [4] - Traditional Hong Kong brokers may face significant disruption as Ant Group introduces advanced technologies, potentially leading to a competitive "zero-commission" environment [5] - The transformation could open new trading opportunities for retail investors, including direct trading of Hong Kong stock ETFs and real-time cross-border fund settlement [5]