This publication brings latest news of product and service launches in the Asia-Pacific wealth management sector.

Hang Seng Bank is to launch a trading services platform for investors using the “northbound” channel of the Hong Kong-Shenzhen equity market link that recently swung into gear.

The bank will launch Shenzhen-Hong Kong Stock Connect Northbound Trading from 5 December. During the launch period, ending 31 March next year, the bank will waive brokerage fees for clients when they trade eligible stocks on the Shenzhen Stock Exchange. Clients will also receive a free real-time A-shares quotes offer.

Hang Seng’s channels for trading stocks in Shenzhen and Shanghai include its e-banking platform.

The bank is also offering a preferential renminbi settlement account interest rate of up to 1 per cent per annum to Prestige and Preferred Banking account clients who buy eligible Shenzhen-listed stocks during the promotional period, it said in a statement yesterday.