A recent survey by the Investor and Financial Education Council (IFEC) reveals a growing interest in virtual asset trading among young retail investors in Hong Kong. Nearly a quarter of investors aged 18-29 have traded in virtual assets in the last year, a significant increase from 3% in 2019 and 12% in 2021. In contrast, only 9% of those between 30-49 years have done so. The survey, which interviewed 1,000 retail investors aged 18-69, found that overall 8% had invested in cryptocurrencies, up from 1% in 2019. The majority, 75%, sought short-term returns from their crypto investments.
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