重磅论坛在港举行！

Core Insights - The "China Asset Management Forum 2025 (Hong Kong)" highlighted the significant opportunities in China's asset management industry, emphasizing the transition from savings to investments among residents, which is expected to release trillions of yuan annually, creating substantial wealth management demand [1][2][3] - China has become the world's second-largest asset management market, with a robust supply advantage due to its large-scale market, complete industrial chain, technological innovation, and talent resources [1][4] - The forum aimed to showcase new opportunities in China's capital market and promote collaboration between mainland China and Hong Kong to enhance the global influence of China's asset management industry [1][2] Industry Development - The Chinese fund industry has attracted numerous foreign institutions since the removal of foreign ownership limits in public fund management companies in early 2020, with 9 institutions approved to establish wholly-owned public fund companies [2] - As of mid-2025, China has become the second-largest public fund market globally, with the ETF market surpassing Japan, making it the largest in the Asia-Pacific region [3] - The asset management industry in China has matured over 27 years, with significant growth in public and private funds, and over 30 public funds establishing overseas subsidiaries [4][5] International Interest - International investors are increasingly interested in China, with the potential for significant investment growth, particularly in emerging sectors like renewable energy, electric vehicles, artificial intelligence, and biotechnology [4][5] - The Hong Kong asset management industry serves as a convenient channel for international funds entering China's stock and bond markets, enhancing the connectivity between China and global markets [4][6] Future Trends - The Chinese public fund industry is transitioning towards high-quality development, focusing on long-term value creation and investor trust, with a shift from "scale dividends" to "value cultivation" [7][8] - Key trends include fee reform, internationalization, technological innovation, index-based investment, and the integration of ESG principles into investment strategies [7][8][9] - The industry is expected to leverage China's economic development to enhance global competitiveness and provide better long-term returns for investors [8][9] Economic Context - China's strong supply-side competitiveness in manufacturing is expected to remain resilient, despite uncertainties from U.S.-China trade tensions [9][10] - The forum attracted over 200 representatives from domestic and international industry institutions, indicating a robust interest in China's asset management landscape [10]