Cross-boundary Wealth Management Connect – Charm

In Focus | As mainland China tightens its tax rules, can Hong Kong remain a magnet for billionaires?

3 weeks ago02 mins

For decades, Hong Kong has been a magnet for the rich. From wealthy Chinese setting up family trusts to millionaires migrating from across Southeast Asia, all of them have been sucked in by the city’s promise of free capital flows, a trustworthy legal system and extensive financial expertise. But some worry this model could now…

Opinion | Connect scheme for gold shines light on China’s financial liberalisation

2 months ago03 mins

When Hong Kong launched its latest Connect programme on July 7, most of the attention focused on gold. That misses the bigger story. Delivery Connect, part of the city’s new gold clearing and settlement system, is not simply another financial initiative but the latest evidence that Beijing has settled on a distinctive model for opening…