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Financial Services Opportunities

Financial Services Opportunities

For the past decade, Hong Kong has consistently ranked among the top 10 on the Global Financial Centres Index's (GFCI) world financial centre list. With low taxation, legislation favouring free trade, strong capital inflow, as well as world-class, progressive regulators, the city offers a host of rich financial services market opportunities.

Features

Asset & Wealth Management

Market Stats (HKD)

$28.7tn

AUM 1

Firms

818 1

Banking

Market Stats (HKD)

$24.5tn

Total Asset 2

Firms

160+

Licensed
Banks
2

8

Virtual Banks 2

Digital Payment

Market Stats (HKD)

$128bn+

Total Transaction
Volume
3

Firms

100+ 4

Insurance

Market Stats (HKD)

$514bn

Total Gross Premium 5

Firms

165

Insurance
Companies
5

4

Virtual Insurers 5

SMEs

Market Stats (HKD)

Import/Export

$8.7tn

Total Trade 6

Firms

Total

340k+

Import/Export

106k+ 6

Remarks

  • 1 Asset and Wealth Management Activities Survey 2019, released in August 2020 by Securities and Future Commission
  • 2 Hong Kong Monetary Authority, 2019
  • 3 Statista, Inc., 2020
  • 4 PayDollar, 2020
  • 5 Insurance Authority, 2020
  • 6 Trade and Industry Department, 2020