PANews reported on March 1 that according to the Hong Kong Wen Wei Po, the Hong Kong Investment Funds Association released Hong Kong's fund sales figures for 2024, showing that the total sales of retail funds last year reached US$81.698 billion, an increase of 47% over 2023, a three-year high. Last year, the net inflow of funds also recorded US$12.319 billion, a nearly 65-fold increase from US$187 million in 2023.

Huang Wang Ciming, CEO of the Hong Kong Investment Funds Association, said that in 2024, Hong Kong's net fund inflows will reach US$12.319 billion, a nearly 65-fold increase from US$187 million in 2023. Fund tokenization and virtual assets are still in their infancy, but these areas are expected to bring new business models and will inevitably be meaningful to the future development of the fund industry. The success of the virtual asset market depends on the appropriate regulatory framework and infrastructure. The SAR government is about to launch the second virtual asset policy declaration, and we look forward to participating in the discussion before the launch.