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SFC Quarterly Report: HK Capital Markets Wrap Up 2024 on High Note
Recommend 20 Positive 16 Negative 24 |
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A strong asset management sector and enhanced market connectivity amidst improving investor sentiment provided Hong Kong's capital markets with a strong finish to 2024, according to the Securities and Futures Commission (SFC)'s Quarterly Report. On the asset management front, the exchange-traded fund (ETFs) market made further headway last year, as the average daily turnover for ETFs surged 35% YoY to $18.9 billion (US$2.4 billion), accounting for 14% of total stock market turnover. ETFs raked in net inflows of $22.8 billion (US$2.9 billion) for the year, while the number of ETFs increased 11% to 194. AAStocks Financial News |
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