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Hong Kong financial assets hit record US$5.38 trillion on China investment

Hong Kong's financial assets under management reached a record high of US$5.38 trillion in the past year, marking a 20% increase. This surge was driven by a significant return of global investors to Chinese assets, particularly within the tech sector. Net fund inflows also saw a substantial rise of nearly 200%, highlighting Hong Kong's growing appeal as an international financial and wealth management hub. AI

RANK_REASON The cluster reports on a significant financial milestone for Hong Kong, including record asset values and fund inflows, driven by market trends. [lever_c_demoted from significant: ic=1 ai=0.1]

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Hong Kong financial assets hit record US$5.38 trillion on China investment

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  1. SCMP — Tech TIER_1 English(EN) · Themis Qi ·

    Hong Kong assets hit record US$5.38 trillion on renewed China appetite: SFC

    Assets and wealth under management in Hong Kong surged to a record high last year as global investors returned to Chinese assets, underscoring the city’s edge over Switzerland as a wealth hub. Financial firms in Hong Kong managed HK$42.2 trillion (US$5.38 trillion) worth of asset…