HONG KONG -- An eagerly anticipated wealth investment bridge between Hong Kong and mainland China similar to the Stock Connect link offers China a chance to repair the city's status as a global financial hub despite mounting concerns over its grip on the territory.
The proposed Wealth Management Connect, inching toward a launch as soon as this year, will give Hong Kong-based investors greater access to the massive mainland market, where China imposes strict capital controls to curb outflows of the yuan.
