The Hong Kong Securities and Futures Commission welcomes the launch of the comprehensive fund platform by the Hong Kong Stock Exchange.

On December 13, the Securities and Futures Commission of Hong Kong welcomed the launch of the first phase of the comprehensive fund platform by the Hong Kong Exchanges and Clearing Limited (HKEX). In this new financial infrastructure in Hong Kong, a fund database will be established to provide investors with a one-stop service for viewing retail fund information. HKEX will also introduce other features of the comprehensive fund platform, including business platforms and communication networks, to facilitate fund managers and distributors to conduct fund transactions in a business-to-business manner. Ms. Cathy Fung, Executive Director of the Investment Products Department of the Securities and Futures Commission of Hong Kong, highlighted the importance of the announcement by HKEX and stated, "With the launch of the fund database, the abundance of information will not only enhance product transparency but also help investors make informed investment decisions and promote the participation of retail investors in the Hong Kong fund market. We believe that with the introduction of other parts of the project, the comprehensive operating platform will help establish an electronic ecosystem for retail fund distribution."