Hong Kong's Securities and Futures Commission (SFC) reported a record high in total assets under management (AUM) for 2025, reaching 42.2 trillion HKD ($5.4 trillion USD), a 20% increase from the previous year. This growth was fueled by a 193% surge in net fund inflows, totaling 2.1 trillion HKD ($265 billion USD), marking the third consecutive year of increase. The survey highlighted significant growth across various sectors: asset management and fund advisory businesses saw a 19% rise in AUM to 31 trillion HKD ($4 trillion USD), while private banking and wealth management businesses experienced a 24% increase to 12.9 trillion HKD ($1.7 trillion USD). Additionally, the net asset value of authorized funds rose by 38% to 2.3 trillion HKD ($292 billion USD). The number of institutions licensed for asset management activities also grew by 7% to 2,358.