pe H Version G Version H Version I Type Gear un B3VH-11-C Bevel-helical speed reducer B3

Flender/Flender Gear Units/Bevel-helical speed reducer B3

on yuan in annual fees for global banks and their domestic rivals, including Bank of China, according to Bloomberg Intelligence estimates. "This is breakthrough for the retail investor to open up new ways of investing on the other side, across the boundary," said Daniel Chan, head of the Greater Bay Area at HSBC, which is hiring 3 to 4 people in Hong Kong for its regional expansion. "We are in full swing preparation." The programme is expected to start slowly. Mainland residents will initially face 1 million yuan quota for investments in Hong Kong, meaning it will target the mass affluent rather than the super-rich. The investments will likely be limited to safe products, which may not appeal to many Chinese investors who prefer higher-yielding bets. The plan won' provide " significant benefit in the short term" given these initial caps, said Paul McSheaffrey, partner at KPMG in Hong Kong. "However, in the medium term, as more products are added, greater amounts that people can invest, then absolutely we will start to see that coming through." The sheer size of the powerhouse region of 7 million people with more than US$4 billion of investable assets is hard to ignore, linking the finance hub of Hong Kong with the technology centre of Shenzhen and the manufacturing and transport clout of Guangzhou. "It' game of numbers in some ways," said Hong Kong-based Samir Subberwal, head of consumer, private and business banking for Asia at Standard Chartered, which is hiring or promoting 3,0 managers for its Asia wealth business over five years. "The total revenue pool on account of this could be quite large." The proposal will open northbound channel for Hong Kong and Macau residents to invest in onshore financial products and southbound channel for eligible Chinese residents to invest offshore. platform belonging to state-owned miner and metals trader China Minmetals Corp, while the aluminium auction will be on site operated by another st