Hong Kong’s asset and wealth management industry managed a record HK$42.2 trillion (US$5.4 trillion) of assets last year, 20% more than in 2024 and erasing the previous all-time high set in 2021.
It was driven partly by a 193% surge in net fund inflows to HK$2.1 trillion, the third straight annual increase, the Securities and Futures Commission (SFC) says in a statement on July 2.
Some 56% of the assets were invested outside of Hong Kong and China, underscoring the city’s role as an international investment hub.
The figures are based on the SFC’s survey findings, which were released alongside the statement.
Assets managed under the asset management and fund advisory business rose 19% to HK$31 trillion, while private banking and private wealth management assets increased 24% to HK$12.9 trillion.
Hong Kong-domiciled funds authorised by the SFC also posted strong gains, with net asset value rising 38% to HK$2.3 trillion.
“Hong Kong’s asset management sector remained globally diversified,” according to the regulator, noting that investors from outside China and Hong Kong accounted for more than 54% of assets managed in the city in recent years.
