Hong Kong is expected to become the world's largest cross-border asset management center within the next two to three years.

Hong Kong Financial Secretary Paul Chan wrote recently that since the beginning of this year, the global capital flow has confirmed the increasing confidence of international investors in the Hong Kong financial market, and the asset and wealth management business in Hong Kong has also seen steady growth. By the end of March this year, the number of registered funds in Hong Kong reached 976, with a net inflow of funds exceeding 44 billion US dollars, an increase of 285% over the year. It is expected that within the next two to three years, Hong Kong will become the world's largest cross-border asset management center; the number of people entering the financial industry is also on the rise. Since the beginning of this year, there has been a double-digit increase in the number of individuals and institutions applying for licenses under the Securities and Futures Ordinance compared to the same period last year.