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Hong Kong's Asset Management Hits US$4.5 Trillion Milestone
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Hong Kong's Asset Management Hits US$4.5 Trillion Milestone
The Securities and Futures Commission report found that investors invested 44% more funds in Hong Kong stocks, bonds, and other assets, raising the total to HK$3.8 trillion. Hong Kong strengthened its position as a leading global wealth management hub after investors made significant capital commitments to the city last year, bringing assets under management to HK$35.14 trillion (US$4.5 trillion), just short of an all-time high, before stocks an…
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