Hang Seng China unfolds cross-boundary wealth management centre in GBA

It is the first cross-boundary wealth management in China.

Hang Seng Bank (China) has launched its first cross-boundary wealth management centre.

Hang Seng China opened the centre on 30 March in the Greater Bay Area (GBA) city of Guangzhou.

The bank said to provide for the rising demand for the service, a team of professionals will manage Hang Seng GBA and will establish cross-boundary wealth management centres in Hong Kong and the mainland.

Rannie Lee, head of Wealth and personal banking at Hang Seng said the bank is already well-versed in wealth management and cross-border financial services.

“As demand for cross-boundary financial services in the GBA continues to grow, we will leverage our expertise and work more closely with Hang Seng China to better meet the diverse needs of our customers and help them seize investment and growth opportunities in the GBA,” Lee said.

Hang Seng’s customers also have the access to communicate with relationship managers through the bank’s official WhatsApp and WeChat to stay connected and informed on financial tips and investment opportunities throughout the GBA.