MTR Lab sees potential for the Greater Bay Area to develop technology start-ups that can help with 'in-sourcing', a senior executive told AsianInvestor.
Tag : gba
Tsangs Group is collaborating with Saudi Arabia’s Public Investment Fund-owned ROSHN Group to facilitate their investment and business exchanges with Hong Kong and the rest of the Greater Bay Area.
The Hong Kong Investment Corporation is considering partnering with Guangdong province to co-invest in Greater Bay Area projects. Meanwhile, the Hong Kong government plans to attract investments through a capital residency plan.
Two months after the official announcement of the Greater Bay Area's Wealth Connect, experts believe more needs to be done to strengthen regulatory cooperation and investor education.
Regional transactions are bouncing back to pre-Covid levels, but experts caution that each geography requires a different investment strategy.
Under the Wealth Connect scheme launched on Friday, both mainland and Hong Kong markets are expecting higher capital flow between the two regions.
Allianz, AIA, and AXA are set to compete with domestic players via wholly owned business and asset management firms in China.
The city's booming asset management industry is boosted by rising interest from family offices, the Wealth Connect scheme and a growing retail investor base.
