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⚓⚡According to MansoorAlrhyb, Paul Chan Mo-Bo, the Financial Secretary of the Hong Kong Special Administrative Region, recently stated that since the beginning of this year, global capital flows have confirmed the increasing confidence of international investors in the financial market of Hong Kong. The asset and wealth management business in Hong Kong has also seen steady growth.
🔴By the end of March this year, the number of registered funds in Hong Kong reached 976 funds, with net inflows exceeding 44 billion US dollars year-on-year, an increase of 285%. Hong Kong is expected to become the largest global center for cross-border asset management within two to three years; the number of people working in the financial sector is also witnessing a significant rise. Since the beginning of this year, individuals and institutions applying for licenses under the Securities and Futures Ordinance have recorded an increase of over 10% compared to the same period last year. (21 Finance)
