Hong Kong Securities and Futures Commission: As of June this year, the number of Category 9 (asset management) licensed institutions reached 2,161

The Securities and Futures Commission of Hong Kong has released the "2023 Asset and Wealth Management Activity Survey", which shows that the number of licensed institutions in Hong Kong's category 9 (i.e. asset management) has steadily increased by 12% to 2,161 as of June 2024. In addition, the strong growth momentum of open-ended fund companies continues, with SFC-approved funds registered in Hong Kong performing well. Net capital inflows continued to improve in the first quarter of 2024, recording 33 billion yuan ($4.2 billion), continuing the strong rebound of 93% to 87 billion yuan ($11.1 billion) last year.