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Bloomberg

Hong Kong Wealth, Fund Assets Hit $4.5 Trillion as Inflows Surge

Hong Kong's assets under management across its asset and wealth management industry rose 13% to HK$35.1 trillion ($4.5 trillion) as inflows surged last year, underscoring a recovery in the Asian financial hub. Net fund inflows jumped 81% to HK$705 billion across the industry in 2024, according to a survey conducted by the Securities and Futures Commission. In particular, inflows for the asset management and fund advisory business soared 571% to HK$321 billion.