Hong Kong-domiciled funds saw assets under management rise 36% year-on-year to HKD2.27tr (USD29bn) in the third quarter, highlighting the city’s resilience and deeper integration with global markets, according to the Securities and Futures Commission. The number of locally domiciled funds increased 7.8% to 1,022 as of September, with net inflows of HKD46.9bn during the quarter. SFC chief executive Julia Leung Fung-yee said Hong Kong’s markets showed steady and diversified gro

Hong Kong asset management growth is accelerating, driven by a sharp rebound in IPO activity and rising demand for wealth and pension...