香港投资基金公会预计明年更多资金将流向股债基金产品

Core Insights - Hong Kong's retail fund sales reached $82.6 billion in the first three quarters of this year, a 35% increase year-on-year, surpassing the total sales for the entire previous year [1] - The Hong Kong Investment Funds Association anticipates that AI themes will continue to create opportunities, potentially attracting more investors to allocate assets to Asian markets in the coming year [1] Fund Sales Performance - Equity funds saw total sales of nearly $16.8 billion, a 21% year-on-year increase, with a net outflow of $4 million [1] - Bond funds experienced a 24% increase in total sales to $32.54 billion, with a net inflow of $10.8 billion [1] - Mixed-asset funds had total sales rise by 30% to $17.24 billion, with a net inflow of $173 million [1] - Money market funds' total sales increased nearly 1.2 times to $14.75 billion, with a net inflow of $2.94 billion; however, there has been a net outflow since August due to expectations of continued global central bank rate cuts [1] Market Sentiment and Future Outlook - The co-chairman of the Investment Funds Committee, Huang Detai, noted that fund sales continued to increase in November, driven by strong performance in global equity and bond funds, benefiting from sustained high expectations of rate cuts and rising risk appetite [1] - Co-chairman Zou Jianxiong pointed out that despite strong performance in Hong Kong stocks this year, equity funds experienced net outflows in the first three quarters, reflecting heightened risk aversion in the second quarter [2] - Zou believes that global central bank rate cuts will help boost economic fundamentals and corporate earnings, and with a surge in bank deposits, more investors may shift funds to equity, bond, or mixed-asset funds next year [2]