Bank of China in Hengqin assisted in the successful raising of cross border RMB public wealth manage

Mondo Finance Updated on 2024-03-07

Recently, Bank of China Hengqin Guangdong-Macao In-Depth Cooperation Zone Branch (hereinafter referred to as "Bank of China Hengqin"), with the support and guidance of Bank of China Guangdong Branch, has successfully raised cross-border RMB public wealth management products in the Guangdong-Macao In-Depth Cooperation Zone in Hengqin. This wealth management product is managed by Wealth Management and Bank of China Macau Branch is the asset provider, and cross-border investment in offshore RMB fixed income assets in Macao in the form of QDII and closed operation.

It is reported that the issuance of this product coincides with the 25th anniversary of Macao's return to the motherland and the closure and operation of the Guangdong-Macao In-Depth Cooperation Zone in Hengqin. The design of the product reflects regional characteristics, adheres to the inclusive orientation, and is publicly offered to individual and institutional customers, with the characteristics of R1 low risk, preferential rate, and starting point of 1 yuan, and has been actively subscribed by many customers. It was successfully sold on the first day of sale on March 1, and the official interest rate was realized on March 5.

As the first commercial bank to enter the Co-operation Zone, Bank of China Hengqin has always been actively leveraging its advantages in cross-border financial services, and has been making innovative breakthroughs and piloting in deepening financial cooperation between Hengqin and Macao, creating a convenient financial environment for Macao residents to live and work, and building a mechanism for mutual access between the financial markets of the two places.

In the next stage, Bank of China Hengqin will continue to rely on the platform and location advantages of the Co-operation Zone, give full play to the characteristics of Bank of China Group's globalization and integrated operation, actively explore the implementation of more innovative businesses and measures under the "Hengqin 30 Financial Measures", practice the new development concept, actively create a livable, business-friendly and investment-friendly financial environment in the Co-operation Zone, and promote the in-depth development of cross-border finance in the Co-operation Zone with high-quality financial services.

Text |Reporter Huang Yinglin.

Figure |Provided by the interviewee.

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