Sector Information
Asset and Wealth Management
Hong Kong is always committed to maintaining its status as a leading international fund management centre. Its asset and wealth management business reached HK$28,769 billion as of the end of 2019.
Banking
As an international financial centre, Hong Kong is a prime location for financial services and home to many international financial institutions. Over 70 of the largest 100 banks around the globe have set up branches and over 29 multinational banks have established regional headquarters in Hong Kong.
Fintech
With the innovation of new technological applications and solutions, the development of FinTech has marked the beginning of a new era in digitalisation.
Insurance
Due to the ageing population and rising of mass affluent class, the demand for insurance products and financial planning has gone up significantly, contributing to the performing insurance industry. In 2020, total gross premiums achieved a year-on-year growth of 4.9%, amounting to HK$608.4 billion .
Professional Services
Thanks to the prosperous financial services sector in Hong Kong, opportunities abound for business and professional services including but not limited to accounting, consultancy, education and training, human resources, legal, etc. These finance-related professional services providers, strategically located at Hong Kong - a global financial centre and Asia’s leading business hub - leverage their professional expertise and international experience to cater to the needs of their clients from around the globe.