The Hong Kong Investment Funds Association reported that retail fund sales in 2024 reached $81,698 million, up 47% from 2023, the highest level in the past three years. Net capital inflow reached $12,319 million, up nearly 65 times from $187 million in 2023. Mr. Huang Wang Ciming, CEO of the Hong Kong Investment Funds Association, noted that while the tokenization of funds and Cryptoassets is still in the early stages, these areas are bringing new business models that are meaningful for the future development of the fund industry.
The success of the Cryptoasset market depends significantly on an appropriate legal framework and infrastructure. The Special Administrative Region government is about to launch the second Cryptoasset policy statement. Great expectations are placed on the discussion before the release of this policy. Everyone hopes to build a strong environment that encourages innovation and ensures the safety of investors in the Cryptoasset field.
The information is intended solely to provide market information and does not constitute investment advice.
