Hong Kong's total assets under management (AUM) rose 20% year-on-year to hit a record HK$42.2 trillion in 2025, according to the Securities and Futures Commission's (SFC) Asset and Wealth Management Activities Survey 2025 released on Tuesday.
The level crossed the previous high of HK$35.5 trillion recorded in 2021. This was propelled by a 193% surge in net fund inflows, which grew for the third consecutive year to HK$2.1 trillion.
The AUM asset management and fund advisory sector grew 19% to HK$31 trillion, while the private banking and wealth management industry rose 24% from a year earlier to touch HK$12.9 trillion.
Hong Kong-domiciled funds authorized by the SFC also posted sharp gains, with net asset value up 38% to HK$2.3 trillion at the end of 2025, continuing the growth in 2026 with a further 13% rise to HK$2.6 trillion at the end of May.
Net fund inflows into these funds more than doubled to HK$357 billion in 2025, followed by HK$118 billion in the first five months of 2026, the data showed.