In 2024, net inflows of assets and funds under management of private banking and private wealth management businesses in Hong Kong reached HK$384 billion.
According to the Intelligent Financial APP, Lu Caiyun, chairman of the Executive Committee of the Hong Kong Private Wealth Management Association (PWMA), said in an interview that in recent years, more than 54% of the total assets under management in Hong Kong have come from non-mainland and Hong Kong investors, demonstrating Hong Kong's status as an international financial center. Last year, private banking and private wealth management businesses in Hong Kong saw a net inflow of funds totaling HK$384 billion. The funds from other regions in the Asia-Pacific, North America, and Europe have been steadily increasing, with investment proportions in each region surpassing double digits. The core advantages of private wealth management in Hong Kong include its unique geographical location as a gateway to different Asian countries and mainland China. Hong Kong's unique position as a "two-way hub" provides investors with a wide range of domestic and international investment options.
Latest
6 m ago