(Reuters) - Hong Kong's assets under management surged 20% to a record HK$42.2 trillion ($5.38 trillion) in 2025, marking a third consecutive year of growth for the financial hub, according to a Securities and Futures Commission (SFC) survey.
The jump was partly driven by a nearly threefold rise in net fund inflows to HK$2.1 trillion, showed the survey released on Thursday.
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"Investors from outside the Chinese Mainland and Hong Kong have accounted for more than 54% of total AUM in recent years, reaffirming the sector’s global reach," the report said.
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The wealth hub has been considering waiving tax on fund managers' performance bonuses to woo investment talent, Reuters reported in May citing people familiar with the matter.
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Hong Kong overtook Switzerland as the world's top cross-border wealth hub in rankings published by the Boston Consulting Group in May.
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"Looking ahead, the SFC remains committed to continued regulatory enhancements to foster Hong Kong’s competitiveness as a premier international financial centre and a leading offshore renminbi hub," said Elisa Ng, the SFC's Executive Director of Investment Products.
($1 = 7.8436 Hong Kong dollars)
Reporting by Sneha Kumar in Bengaluru; Editing by Jonathan Ananda
Source: Reuters