Financial Services in the Greater Bay Area: Ready for take-off

November 2023

Financial Services in the Greater Bay Area: Ready for take-off is our latest research paper on market attitudes towards the GBA. It is based on in-depth interviews with leading market participants from banking, asset management and insurance, as well as industry bodies and academia. These interviews reveal significantly higher levels of interest and enthusiasm in the GBA vision. This year’s paper has a particular focus on the GBA’s role as a wealth management centre and on the latest exciting developments in data sharing.

GBA Connectivity

In this video, James Chang outlines the main areas covered in our new paper on financial services in the Greater Bay Area and why the GBA is ready for take-off. Watch it here.

Contact James Chang
Managing Partner of Regional Economic Clusters,
Mainland China Financial Services Leader, PwC China

Trends in financial services

The range and scope of financial services in the Greater Bay Area is expanding rapidly. How these different services complement and interact with each other will be transformative for the GBA. Watch this video to find out why the GBA is ready for take-off.

Contact Chris Chan
Financial Services Markets Leader, GBA Services, PwC Hong Kong

Business opportunities

The Greater Bay Area offers a wide range of opportunities in areas as diverse as motor insurance, healthcare and infrastructure finance – and it is still evolving. Watch this video, as James Tam discusses some of the highlights of our new paper - Financial Services in the Greater Bay Area: Ready for take-off.

Contact James Tam
Banking and Capital Markets Leader, PwC Hong Kong

Innovation and digitisation

In this video, Gary Ng explains how technological innovation has the potential to transform the Greater Bay Area – in areas ranging from access to credit for SMEs to permissioned sharing of data. These are among the highlights of our new report - Financial Services in the Greater Bay Area: Ready for take-off.

Contact Gary Ng
Risk Assurance Partner, PwC Hong Kong

Wealth management

As Southbound investment picks up, there are many opportunities for the Greater Bay Area to develop into a significant centre for wealth management. But there are still challenges to be overcome. Watch this video to learn about some of the highlights of our new report – Financial Services in the Greater Bay Area: Ready for take-off

Contact Julianne Wang
Asset & Wealth Management Partner, PwC China

Market sentiment

In this video, Peter Craughwell discusses the background to PwC’s new paper - Financial Services in the Greater Bay Area: Ready for take-off – and how market sentiment towards the GBA has evolved over the past five years.

Contact Peter Craughwell
Senior Manager, PwC Hong Kong