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.

ChainCatcher news, the chairman of the Hong Kong Investment Fund Association, Yu Zhensheng, stated that they will gradually study and collaborate with relevant stakeholders and organizations to carry out investor education work, particularly in the area of virtual assets, with the aim of helping investors seize investment opportunities and achieve retirement and financial goals.

ChainCatcher news, the Hong Kong Investment Funds Association and KPMG jointly released a report titled "Vision 2030: The Future of Hong Kong's Fund Management Industry," stating that Hong Kong's position as a major asset management center in Asia remains solid, but there is still room to further strengthen cross-border wealth management programs and tax incentive policies to promote steady industry development.The report points out that Hong Kong is diversifying its investments, opening up more asset classes to retail investors, especially with the growing interest in alternative assets. Many fund management companies have successively launched products in investment areas such as private equity, private credit, infrastructure assets, and real estate to meet the increasing demand.The report also indicates that virtual assets continue to attract investor interest, with an expanding range of investment options including virtual asset ETFs. Recent regulatory developments help enhance Hong Kong's competitiveness, making it a preferred location for fund management companies to invest in emerging asset classes.