Value of Assets Under Management in Hong Kong Surpasses $1 Trillion

[kreslik.news]

The value of Hong Kong’s asset management business reached record highs in 2017. That’s accordingto a new report issued by the Securities and Futures Commission (SFC) this Friday.

In its report, the Chinese regulator noted that the total value of asset and wealth management business firms, operating under its jurisdiction, had reached HKD 24.30 trillion ($3.11 trillion).

The largest source of funding for the industry continued to come from overseas investors. Of the total value of the asset and wealth management industry in Hong Kong, 66 percent of funding came from overseas investors.

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