Hong Kong recently celebrated its 25th year of establishment, both a milestone and a springboard for renewal and future growth. Over the past decades, as a ‘super connector’ between the East and West, Hong Kong has enabled global capital to move frictionlessly to gain access to Asia-Pacific and Mainland China’s dynamic economic growth and empowered Chinese capital to invest in international markets.
Going forward, Hong Kong must continue to enhance the infrastructure supporting its ‘super connector’ role to further capitalise on the burgeoning opportunities presented by trends and developments shaping the future of the asset and wealth management (AWM) industry. With megatrends coming to the forefront in the Asia-Pacific region, such as asset managers becoming the new financiers of the economy, the mainstreaming of sustainable finance, the continued buildout of the Greater Bay Area (GBA) and the proliferation of virtual assets, Hong Kong must remain agile and responsive to fully capture the broader opportunity set.
Hong Kong Asset and Wealth Management Leader, PwC Hong Kong
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