The first batch of cross-border wealth management 2.0 has been gradually expanded by securities firms. Several securities firms have launched investment education activities.

Jinshi Data News on November 1st, November 1st, several industry insiders told reporters that the first batch of pilot brokers for Cross-Border Wealth Management 2.0 is about to open. The participating brokers are expected to reach about 14. Earlier in August, it was reported that the first batch of qualified brokers for the expanded Cross-Border Wealth Management 2.0 reached 10, mainly registered in the Greater Bay Area. Some institutions have completed the system testing phase and are basically ready for business expansion. Reporter Longer learned that since the detailed rules for pilot brokers for Cross-Border Wealth Management were released in February this year, the first batch of pilot lists have been discussed multiple times by regulatory agencies and have also undergone multiple adjustments. A person from a pilot broker expressed to the reporter that the branch is intensively training in cross-border wealth management business, and relevant training has been conducted for some time. At the same time, the company has conducted extensive due diligence on listed products and conducted internal promotion. A banking industry insider said that relevant brokers have successively cooperated with banks to build service channels and conduct business scenario testing. Data shows that as of July 2024, among 148 securities companies, a total of 29 are registered in the Greater Bay Area, with leading institutions including CITIC Securities, GF Securities, and China Merchants Securities.