Hong Kong Investment Fund Association: Last year, net inflows into funds increased nearly 65 times, and fund tokenization and virtual assets are still in the early stages

ChainCatcher news, according to the Hong Kong Wen Wei Po report, the Hong Kong Investment Funds Association announced that the fund sales figures for Hong Kong in 2024 show that the total retail fund sales for the entire year reached 81.698 billion USD, an increase of 47% compared to 2023, marking a three-year high. Last year, the net inflow of funds also recorded 12.319 billion USD, a nearly 65-fold increase compared to 1.87 million USD in 2023.

The CEO of the Hong Kong Investment Funds Association, Huang Wang Ci Ming, stated that the net inflow of funds in Hong Kong for 2024 recorded 12.319 billion USD, a nearly 65-fold increase compared to 1.87 million USD in 2023. Fund tokenization and virtual assets are still in their infancy, but these areas are expected to bring new business models, which will undoubtedly be significant for the future development of the fund industry. The success of the virtual asset market depends on an appropriate regulatory framework and infrastructure. The SAR government is about to launch the second virtual asset policy declaration and looks forward to participating in discussions before its release.