Stock Track | Shenwan Hongyuan Soars After Named in HK's Cross-Border Wealth Connect Scheme

Stock Track
2024-11-04

Shares of Shenwan Hongyuan Group Co. Ltd. (SWHY) rallied as much as 9.34% on Friday after the Hong Kong securities regulator included the company in its expanded cross-border wealth management connect scheme.

The Hong Kong Securities and Futures Commission (SFC) announced that it has named 14 securities firms, including SWHY's Hong Kong unit, to participate in the scheme and offer cross-boundary investment services for investors in the Greater Bay Area comprising Guangdong, Hong Kong, and Macau.

Under the expanded program, SWHY and other selected brokers will collaborate with partner brokerages in mainland China to provide investment products and services across the border. This move is expected to open up new business opportunities and revenue streams for the participating firms as they tap into the growing wealth management market in the Greater Bay Area.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10