A man walks along the waterfront in front of Victoria Harbour, with the iconic skyline buildings as a backdrop, in Hong Kong, China June 28, 2023. REUTERS/Tyrone Siu

Hong Kong's assets under management grow to record $5.38 trillion, SFC survey shows

· CNA · Join

Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST Tap here to return to FAST
FAST

July 2 : Hong Kong's assets under management surged 20 per cent to a record HK$42.2 trillion ($5.38 trillion) in 2025, marking a third consecutive year of growth for the financial hub, according to a Securities and Futures Commission (SFC) survey.

The jump was partly driven by a nearly threefold rise in net fund inflows to HK$2.1 trillion, showed the survey released on Thursday. 

• "Investors from outside the Chinese Mainland and Hong Kong have accounted for more than 54 per cent of total AUM in recent years, reaffirming the sector’s global reach," the report said.

• The wealth hub has been considering waiving tax on fund managers' performance bonuses to woo investment talent, Reuters reported in May citing people familiar with the matter.

CNA Games

Guess Word
Crack the word, one row at a time

Buzzword
Create words using the given letters

Mini Sudoku
Tiny puzzle, mighty brain teaser

Mini Crossword
Small grid, big challenge

Word Search
Spot as many words as you can
Show More
Show Less

• Hong Kong overtook Switzerland as the world's top cross-border wealth hub in rankings published by the Boston Consulting Group in May.

• "Looking ahead, the SFC remains committed to continued regulatory enhancements to foster Hong Kong’s competitiveness as a premier international financial centre and a leading offshore renminbi hub," said Elisa Ng, the SFC's Executive Director of Investment Products.

($1 = 7.8436 Hong Kong dollars)

Source: Reuters

Newsletter

Week in Review

Subscribe to our Chief Editor’s Week in Review

Our chief editor shares analysis and picks of the week's biggest news every Saturday.

Sign up for our newsletters

Get our pick of top stories and thought-provoking articles in your inbox

Subscribe here

Get the CNA app

Stay updated with notifications for breaking news and our best stories

Download here

Get WhatsApp alerts

Join our channel for the top reads for the day on your preferred chat app

Join here