OREANDA-NEWS. July 17, 2014. By consolidating its premium financial resources, BOC Group will roll out one-stop cross-border investment services for "Shanghai-Hong Kong Stock Connect (SHKSC)" in October, and provide specialized and package solutions to investors under the program.

SHKSC can complement the existing systems of QDII, QFII and RQFII, and will diversify the means of cross-border investment. For individual investors in China’s mainland, SHKSC will allow them to realize RMB-denominated trading in overseas-listed stocks for the first time by entrusting local securities brokers, while providing them broader investment options and convenient channels for global asset allocation.

As a large international financial institution with uninterrupted operations of over one hundred years, BOC Group engages in a wide variety of sectors including commercial banking, investment banking, insurance, investment, fund management and leasing. The SHKSC cross-border investment services have consolidated the quality resources and service networks of the Group. In China’s mainland, BOC Group can provide customers with research on cross-market asset allocation and third-party depository service; BOCI Securities can offer securities entrustment and trading settlement services, and work with BOCI to provide specialized consulting, entrustment and settlement services to customers. In Hong Kong, BOCHK and BOCI will consolidate their resources to provide premium SHKSC investment services for local and international individual investors.

BOC has added the SHKSC package service to the "BOC Exclusive Cross-border" service framework to offer private banking investment consulting services to customers. The "SHKSC + cross-border wealth management + cross-border investment" solution launched first by BOC will address such problems as insufficient cross-border investment funding and lack of investment subject matters and risk hedging tools for individual investors.