Half million Hong Kong passport surge to UK as China's Wealth Connect goes live

Long-awaited cross-border investment schemes linking Guangdong province with Hong Kong and Macau will be launched in the next few days, according to a report in the South China Morning Post. "The country will introduce the Wealth Management Connect and the southbound Bond Connect schemes to further develop the connection and cross-border trading between the markets in the mainland and Hong Kong," Pan Gongsheng, deputy governor of People's Bank of China, said on Thursday (9 September) in Beijing. "The two schemes will officially start operating within the next few days," he said, witho...