Wealth Management Connect

Seamlessly Connected by One Group
Investing in a World Beyond Borders

China Construction Bank (Asia) Wealth Management Connect leverages extensive Greater Bay Area network coverage of parent bank – China Construction Bank to synergise teams across the border and empower customers a new dimension of wealth investment opportunities, with a comprehensive range of cross-border financial services.
What is Wealth Management Connect
Wealth Management Connect (WMC) refers to investors of the Guangdong-Hong Kong-Macau Greater Bay Area (GBA), who can now invest in eligible investment or wealth management products, distributed by banks in each other’s market via a closed-loop funds flow channel established between their respective banking systems. According to an investor’s place of residence, WMC is divided into the "Northbound Scheme" and the "Southbound Scheme".
Key Features of Wealth Management Connect
The investment quota for individual investors is RMB 1 million*
* excluding the daily maximum quota per person
investment quota
Grow your personal asset allocations to meet your wealth management needs
personal asset allocations
Advantages
Edges of CCB (Asia) Wealth Management Connect
Northbound Scheme Southbound Scheme
Account Opening OfferLimited Time Offer Enjoy HK$500 Reward* upon New Account Opening
(Click here for details)
Enjoy HK$500 Reward* with Time Deposit or FX Transaction via Mobile Banking or Online Banking
(Click here for details)
Easy ApplicationEasy Application Support Hong Kong customers who have Mainland China Construction Bank account to apply for the "Northbound Scheme" service without cross-border transit Apply online – Open an account within 3 days^ without cross-border transit
^ 3 working days
Comprehensive Product RangeComprehensive
Product Range
Provide more than 100 Funds and 24 kinds of wealth management products Provide more than 100 Funds (Click here for details) and 11 currencies deposit products
0% fund subscription fee* (Click here for details)
Quick RemittanceQuick Remittance Adopt the internal direct-linked remittance system to realize speedy remittance of RMB funds across the border
All WMC remittance fees are waived.
Extensive Branch NetworkExtensive
Branch Network
Customers can apply for "Wealth Management Connect" account in more than 800 branches within 9 cities in the GBA
Extensive Cross-Boundary Wealth Management ExperienceExtensive
Cross-Boundary Wealth Management Experience
Leveraging extensive network of over 10,000 branches of parent bank - China Construction Bank (CCB), CCB (Asia) is determined to be “Financial Expert in the Greater Bay Area” and provide customers with a diverse range of cross-boundary Financial and Banking Services in the GBA.
CCB (Asia) provides a series of fabulous Cross-Border Wealth Management service offer for customers in Mainland China and Hong Kong to explore your wealth potential, offers including:
  • Up to 4% RMB Savings Interest Rate (p.a.)# (Click here for details)
  • Foreign exchange discounts of up to 116 basis points* (Click here for details)
* The above listed offers are subject to relevant terms and conditions. For promotion period and more details, please visit the respective promotion webpages/materials.
# The offer is only applicable to customer who holds a Step Up Savings Account with China Construction Bank (Asia) Corporation Limited and enrolls for the Step Up Offer. For promotion period and details, please visit www.asia.ccb.com/hk/stepup/en.
Promotional Video
CCB (Asia) Wealth Management Connect Promotional Video
Overview
Northbound Scheme Overview
Services
Wealth Management Connect - Northbound Scheme
  • Refers to eligible resident in Hong Kong investing in eligible wealth management products in the Mainland through designated investment accounts.
Operational Arrangements
Operational Arrangement for the Northbound Scheme
  • Each investor opens only one Hong Kong bank account with cross-boundary remittance function (“dedicated remittance account”), and only one Mainland bank account with investment function (“dedicated investment account”) at all times. The relevant banks in two regions will pair the two accounts with each other, and the flow of funds between the accounts will be subject to closed-loop management.
  • All cross-boundary remittance between the dedicated remittance account and the dedicated investment account must be conducted in RMB through the Cross-Border Inter-Bank Payments System (“CIPS”), and subject to quota management.
  • Quota: The aggregate quota under the Northbound Scheme is RMB 150 billion, shared by Hong Kong and Macau. The individual investor quota is RMB 1 million.
Operational Arrangements
Northbound Scheme –
Eligible Investor
Hong Kong - CCB (Asia)
Mainland - CCB
Funds for Investment
Open a dedicated
remittance account
Pairing of the Accounts
Open a dedicated
investment account
Principal & Investment Income
Purchase eligible wealth management products
distributed by CCB in Mainland via the dedicated investment account
Eligible Customers
Eligible Customers
  1. Hold a Hong Kong Identity Card (including both permanent and non-permanent residents);
  2. Invest in their personal capacity (but not as joint-name or corporate customers); and
  3. Not a vulnerable customer, as assessed by CCB (Asia).
Eligible Investment Products
Eligible Investment Products
  1. Public fixed income wealth management products (which primarily invest in bonds and deposits) and equity wealth management products (which primarily invest in equities) issued by Mainland wealth management investment firms and being risk-rated by product issuers and distributing banks as “R1” to “R3” (excludes wealth management products for the purpose of cash management);
  2. Public securities investment funds (excludes listed funds) being risk-rated by Mainland public fund managers and Mainland distributing banks as “R1” to “R3”.
open an account and invest
How to open an account and invest under the "Northbound Scheme"?
  1. Open a new bank account with cross-boundary remittance function at CCB (Asia) to serve as a dedicated remittance account.
  2. Required Information:
  • Hong Kong Identity Card
  • Home Return Permit
  • Mainland CCB Account Number (if any)
  1. Open an account with investment function at CCB to serve as a dedicated investment account. If an account with investment function is already maintained with CCB, the account can be designated as the dedicated investment account for the Northbound Scheme
  2. Purchase qualified wealth management products sold by CCB in Mainland, through an investment account
Account Opening Process
Northbound Scheme - Overview of Account Opening Process
1
Wealth Management Connect Application
Submit application
materials
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Open a CCB (Asia) account and
receive a confirmation letter
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Receive SMS,
email notification
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Sign online
Branch of CCB (Asia)
e-Channel of
CCB in Mainland
2
Fund Remittance
e-Channel or Branch of CCB (Asia)
3
Transactions of wealth management product
e-Channel of CCB in Mainland
4
Fund Transaction
e-Channel of CCB in Mainland
5
Fund Repatriation
e-Channel or Branch of CCB in Mainland
 Overview
Southbound Scheme Overview
Service
Wealth Management Connect - Southbound Scheme
  • Eligible resident in the Mainland GBA cities investing in wealth management product distributed by banks in Hong Kong via designated channel.
Operational arrangements
Operational arrangement for the Southbound Scheme
  • Each investor opens only one Mainland bank account with cross-boundary remittance function (dedicated remittance account) (if investors already maintain an account with investment function with the Mainland bank, that account can be designated as the dedicated investment account), and only one Hong Kong bank account with investment function (dedicated investment account) at all times. The relevant banks in two regions will pair the two accounts, and the flow of funds between the accounts will be subject to closed-loop management.
  • All cross-boundary remittances between the dedicated remittance account and the dedicated investment account should be conducted in RMB via the Cross-border Interbank Payment System (CIPS) and subject to quota management.
  • Quota: The aggregate quota under the Southbound Scheme is RMB 150 billion, shared by Hong Kong and Macau. The individual investor quota is RMB 1 million.
Operational arrangements
Southbound Scheme –
Eligible Investor
Mainland - CCB
Hong Kong - CCB (Asia)
Funds for Investment
Open a dedicated
remittance account
Pairing of the Accounts
Open a dedicated
investment account
Principal & Investment Income
Purchase eligible wealth management products
distributed by CCB (Asia) via the dedicated investment account
Eligible Customer
Eligible Customers
  1. Have full civil capacity;
  2. Have a household registered in any of the 9 Mainland GBA cities or have paid social security or individual income tax for 5 consecutive years in any of the 9 Mainland GBA cities;
  3. Have at least 2 years of investment experience and hold household financial net assets of no less than RMB 1 million at the end of each month over the past 3 months, or household financial assets of no less than RMB 2 million at the end of each month over the past 3 months;
  4. Not a vulnerable customer, as assessed by banks in Hong Kong.
Eligible wealth management products
Eligible wealth management products
  1. Investment products (excluding listed products traded and settled on the Hong Kong Exchanges and Clearing Limited)
  1. The following products which are risk-rated as low to medium-risk and non-complex by the distributing banks in Hong Kong:
    1. Hong Kong domiciled funds authorised by the Hong Kong Securities and Futures Commission
    2. Bonds (not provided by the Bank at the initial phase)
  1. Deposits
  1. Renminbi, HKD and foreign currency deposits.
Product Features
Product Features
Feature 1
Offer over a hundred Mutual Funds
The wide fund range provides customers with various solutions, satisfying the needs of different kinds of investors. (Click here for details)
Feature 2
Different asset classes coverage
Provides fund categories including equity funds, bond funds and balanced funds, allowing investors to invest flexibly across global markets.
Feature 3
Multiple currency options
In addition to HKD and RMB, a variety of popular currencies (such as USD, EUR, GBP, AUD, NZD, CAD, etc.) are also available for investors.
Feature 4
Dividend function
Some funds (especially bonds and certain balanced funds) pay out cash dividend on an annual, quarterly or monthly basis.
fund
Three steps to choose funds
fund
Step 1
Recognize your investment style
Through filling in our Investment Profile Questionnaire, you can understand whether you are a conservative or relatively aggressive investor based on your investment objectives, risk tolerance and investment tenor.
fund
Step 2
Analyze fund characteristics
  • Investment objective of the fund: Bond funds aim to provide stable cash income, whereas balanced funds aim to provide stable cash income while seeking for potential capital appreciation at the same time.
  • Scope of fund investment: Investing in different asset classes, industries or regions can help diversify investment risks. Take regions as an example, global market funds are more dispersed than funds invested in a single region or country.
  • Risks of fund investment: When selecting fund portfolios, conservative investors should choose bond funds with lower volatility and comparatively more stable returns; on the contrary, relatively aggressive investors can choose balanced funds with higher volatility but considerable higher potential returns. Furthermore, when investing in funds denominated in non-RMB currency, investor should also take the currency risks into consideration.
  • Past performance of fund: Investment return is not the only performance indicator of a fund. Past performance and fluctuations reflect the sustainability of the fund.
fund
Step 3
Fund comparison
Although the past performance of funds does not represent future performance, it still holds a certain level of reference value. Fund comparison can distinguish a fund from its category through long-term performance and stability. Both our Online Banking and Mobile Banking provide functions to help investors understand more about funds:
  • Fund search: Set filter criteria to list out all eligible funds under the Southbound Scheme, check basic fund information and performance data, as well as download fund offering documents for more in-depth information.
  • Fund details: On <Fund Details> page, you can view fund information including data related to short-term, medium-term and long-term risks and returns.
  • Fund comparison#: Filter outstanding and stable-performing funds.
  • Funds overview: Frequently provides latest market information, enabling you to grasp market trends.
# Applicable to Online Banking only.
By following the three steps above, investors can choose fund portfolios that fit, decide on investment allocation and make investments. Fund investments should be regarded as long-term investments. Implementation to invest is only the first step for investing. It is more important to continuously review and rebalance investment portfolios based on personal needs and market conditions.
fund
Feature 1
Savings Deposit
  • WMC Multi-Currency Savings Account provides multiple currencies for customers to invest flexibly in eligible wealth management products
  • Pair with the dedicated remittance account in Mainland CCB
  • At the same time, enjoy deposit interest rates (please click here for the latest deposit rate); interest is calculated as daily and paid monthly
Feature 2
Time Deposit
  • WMC All-in-one Time Deposit Account provides multiple currencies^ to meet the deposit needs of customers
  • Provide Flexible tenor, from 1 week to a 12-month deposit period for customers to choose
  • Successfully open Time Deposit Account via Branch or e-Channels (including Mobile Banking or Online Banking) to enjoy preferential interest rate (p.a.) (For enquiry about the preferential interest rate (p.a.): log-on Mobile Banking or Online Banking > choose “Wealth Management Connect” > “Southbound Scheme-Interest Rate Information”)
^Choices of currencies including HKD, USD, RMB, GBP, CAD, AUD, NZD, JPY, CHF, EUR & SGD
open an account and invest
How to open an account and invest under the Southbound Scheme?
  1. Open an account with cross-boundary remittance function with CCB to serve as the dedicated remittance account. If an account with cross-boundary remittance function is already maintained with CCB, the account can be designated as the dedicated remittance account for the Southbound Scheme;
  2. Required information:
  • Mainland Resident ID card
  • Proof of address
  • Household registration or social security
  • Proof of assets (For details, please inquire with Mainland CCB)
  1. Choose to open a new account with investment function with CCB (Asia) in person or via CCB in the Mainland by attestation (please bring the necessary documents)
  2. Purchase eligible wealth management products distributed by CCB (Asia) through the dedicated investment account
Account Opening Process
Southbound Scheme - Overview of Account Opening Process
1
Wealth Management Connect Application
Pre-filled
e-form
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Submit Qualification
Review documents
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Submit e-form
via attestation
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Sign-off
e-form
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Complete account
opening application
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Receive SMS,
email notification
Website of
CCB (Asia)
Branch of CCB in Mainland
2
Fund Remittance
e-Channel or Branch of CCB in Mainland
3
Foreign Currency Trading
e-Channel or Branch or Phone of CCB (Asia)
4
(Time) Deposit
e-Channel or Branch of CCB (Asia)
5
Fund Transaction
e-Channel or Branch or Phone of CCB (Asia)
6
Fund Repatriation
e-Channel or Branch of CCB (Asia)
Apply Now
Investment Tutorial
Investment Tutorial

FAQs
Risk Disclosure
  • Investment involves risks, the offers are subject to the relevant terms and conditions. The prices of investment products fluctuate, sometimes dramatically, and may become valueless. Before making any investment decisions, customers are encouraged to consult their own independent financial advisors and read the relevant offering documents for further details including the risk factors in order to ensure that they fully understand the risks associated with the investment products.
  • Currency exchange rates are affected by a wide range of factors, including national and international financial and economic conditions and political and natural events. The effect of normal market force may at times be countered by intervention by central banks and other bodies. At times, exchange rates, and price linked to such rates, may rise or fall rapidly. When in doubt, please consult your own independent financial advisors for details about the products.
  • Exchange controls or other monetary measures may be imposed by a government, sometimes with little or no warning. Such measures may have a significant effect on the convertibility or transferability of a currency.
  • RMB is subject to the PRC government's control (for example, exchange restrictions). Besides, there is no guarantee that RMB will not depreciate. If customers convert Hong Kong Dollar or any other currency into RMB so as to invest in RMB denominated investment products and subsequently convert the RMB redemption proceeds back into Hong Kong Dollar or any other currency, you may suffer a loss if RMB depreciates against Hong Kong Dollar or other currency.
  • Online Investment Trading Services. Due to unpredictable network traffic congestion and other reasons, the Internet and other electronic media may not be reliable media of communication and transactions conducted over the Internet and via other electronic media are subject to: (i) possible failure or delay in the transmission and receipt of instructions for any or all transactions in investment products or other information, and (ii) possible failure or delay of execution or execution at prices different from those prevailing at the time when your instructions were given. There are risks associated with the online investment trading system, including the failure of hardware and/or software, and the result of any such system failure may be that your orders are either not executed according to your instructions or are not executed at all. There are risks of interruption, distortion, omission, blackout or interception during the transmission of instructions for any or all transactions in investment products, as well as of any misunderstanding or errors in communication.
  • Mutual Fund Investment. The past performance of a mutual fund is not a guide to its future performance and yields are not guaranteed. Customers could lose some or all of the principal amount invested. Funds are not obligations of, or guaranteed by, the Bank or any of its affiliates. The Bank will normally be paid a commission or rebate by the fund manager.
Disclaimer
  • The final details of Cross-boundary Wealth Management Connect may vary. The information above is for your referenece only, which does not constitute advice to buy or sell, or an offer with respect to any investment products. Any offer, invitation or recommendation to any customers to enter into any investment transaction does not constitute any prediction of likely future movements in prices of any investment products. This content is issued by China Construction Bank (Asia) Corporation Limited, and has not been reviewed by the SFC or any other regulatory authorities in Hong Kong.
  • CCB (Asia) does not act as or hold itself out as the representative or agent of the Mainland partner bank in Hong Kong. The Mainland partner bank is not an authorized institution as defined in the Banking Ordinance, and that deposits maintained with the Mainland partner bank are not protected by the Deposit Protection Scheme in Hong Kong, and is not subject to the supervision of the Hong Kong Monetary Authority.