The number of individual investors in the "Cross-Border Wealth Management Connect" in Shenzhen reached 67,000, with cross-border payments exceeding 58.5 billion RMB last year

The Shenzhen Financial Regulatory Bureau announced the "Report on the Promotion of High-Quality Development of Financial Services in 2025," mentioning that comprehensively expanding domestic demand is the primary task of economic work in 2025. Foreign trade is a key feature of Shenzhen's high-quality development and is of significant importance for achieving Shenzhen's annual economic and social development goals.

By the end of last year, the "Cross-Border Wealth Management Connect" had served a total of 67,000 individual investors, with a cross-border payment amount of 58.52 billion yuan (RMB), accounting for over 40% of the Greater Bay Area's total. Meanwhile, cooperation in insurance between Shenzhen and Hong Kong has continued to deepen, with cross-border auto insurance premium income reaching 587 million yuan last year.

In addition, data from the Guangdong Branch of the People's Bank of China shows that by the end of January this year, there were 178,700 individual investors in the "Cross-Border Wealth Management Connect," of which 123,800 were mainland investors, with a cumulative cross-border fund transfer of 133.303 billion yuan