Value of private wealth management AUM in Hong Kong 2015-2022

Largely due to its proximity to mainland China, Hong Kong has attracted investors from all over the world. In 2022, the value of private wealth management assets under management in Hong Kong amounted to nine trillion Hong Kong dollars, a 6.2 percent decrease on the previous year. Due to its unique history and status as a Chinese special administrative region, the city has long been the financial hub of Asia and one of the leading financial centers globally.

Private wealth management assets

For its high-net-worth clients, Hong Kong’s wealth managers offer a variety of investment vehicles. Based on the value of the assets under management, listed equities account for the largest share of private wealth management assets. Other popular financial products include cash and deposits, private funds, and bonds.

Point of entry

The proximity to mainland China is one of the main advantages of Hong Kong. Mainland China’s financial market is relatively restrictive of international investments, however, investing in Hong Kong gives Chinese investers access to international financial assets. Similarly, for international investors, the city’s financial industry has opened the door to investment opportunities into the mainland. Targeting the next generation is to be considered as the leading growth strategy for the investment industry.