Hong Kong Advances as Global Asset Management Hub

Hong Kong advances as global asset management hub

Forty-six banks expanded their private banking or private wealth management business in Hong Kong in 2024, and the assets under management of these institutions grew 14 percent in the first half of 2025, compared with the end of 2024, according to the authority's data.

Hong Kong banks process US$3.3 billion in digital assets in first half of 2025 - Ledger Insights - blockchain for enterprise

Yesterday the Hong Kong Monetary Authority (HKMA) provided an update on the city’s wealth management statistics. Total assets under management grew by 13% to reach HK$35 trillion by the end of 2024. The update included digital assets and tokenized asset transaction volumes processed by banks, which reached HK$26.1 billion (US$3.3 billion) in the first half […] The post Hong Kong banks process US$3.3 billion in digital assets in first half of 202…