Hong Kong Stock Exchange: Launch Comprehensive Fund Platform Fund Database

On December 13th, HKEX announced the launch of a comprehensive fund platform fund database, covering funds approved by the Hong Kong Securities and Futures Commission, with the aim of improving the transparency of information on Hong Kong fund investment products. HKEX stated that the fund database will provide market participants with a convenient channel to access important information on over 2,000 funds approved by the Hong Kong Securities and Futures Commission. The launch of the fund database will help improve the transparency of information in the Hong Kong fund market, enhance investors' understanding of and knowledge about funds, and in the long run, contribute to the development of the Hong Kong fund industry. Susanna Yung, Co-head of Markets at HKEX, stated that the HKEX comprehensive fund platform is committed to optimizing the ecosystem of the Hong Kong fund industry. The fund database makes it easier for investors to access fund information, helping investors make investment decisions with sufficient information and enabling all participants in the fund ecosystem to better serve their clients. HKEX is committed to promoting the efficient and diversified development of the Hong Kong fund distribution network, strengthening Hong Kong's position as a global wealth management center. HKEX also mentioned that other functions of the comprehensive fund platform, including business platforms and communication networks, are actively being developed. These functions will be available to assist in fund order delivery and agent service business.