Chart 2
Chart 3
HK$ Billion
HK$ Billion
1,000
800
500
400
4
Financial and Monetary Affairs
Equity Funds Raised Through IPOs
449
300
200
T
260
248
90
169
90
100
0
2009
2010
2011
2012
2013
Year
Total Equity Funds Raised in Hong Kong
600
400
T
859
490
642
305
379
200
0
2009
2010
2011
Year
2012
2013
Asset Management Hub
Hong Kong with its strong asset management foundation and world-class financial infrastructure benefits greatly from the huge demand for wealth and asset management services in the Mainland and Asia. Thanks to the continuing inflows of investment capital into the Asia-Pacific region, Hong Kong is also well placed to become Asia's premier asset management centre.
At the end of 2013, 995 companies were licensed or registered to carry out asset management business in Hong Kong, a rise of 6.4 per cent from a year earlier, with international fund managers strongly represented in the industry. Hong Kong's asset management business is highly international, with about 65 percent of assets under management from outside Hong Kong.
The government, together with other agencies, continues to explore ways to improve the international competitiveness of Hong Kong's financial markets and provide a more favourable operational, regulatory and tax environment.
60
No comments yet.
Private notes are available after approval.