Core Viewpoint - The recent annual summit of the Macau Securities and Fund Industry Association aims to inject strong financial momentum into the high-quality development of the Macau securities and fund industry, contributing to the moderate diversification of the Macau economy [1] Group 1: Government Initiatives - The Macau government is promoting moderate economic diversification by establishing a government-guided fund to support various industries, leveraging resources from the upcoming Macau Science and Technology Research and Development Industrial Park [2] - The government aims to create a high-level open platform that connects the world and serves the national "dual circulation" strategy, focusing on modern financial new formats such as the bond market, fintech, and wealth management [2] Group 2: Industry Development - The Macau Securities and Fund Industry Association has seen significant growth, with over 1,000 bonds issued or listed by the end of 2025, totaling over 1 trillion Macau patacas, and institutional investor accounts growing at double-digit rates annually [3] - The association has 53 member institutions and is focused on enhancing the stability, openness, and diversity of the Macau financial market [3] Group 3: Regulatory Framework - The new Investment Fund Law, effective from January 1, aims to align with international regulatory standards, remove barriers to fund management, and enhance investor protection [6] - The law also introduces tax incentives for fund management companies, funds, and investors, facilitating the establishment of qualified mainland private equity fund management companies in Macau [6] Group 4: Market Insights - The Macau bond market has grown over 200 times since its inception in 2018, with an annual compound growth rate exceeding 100%, supported by a diverse range of issuers [5] - The wealth management sector in Macau has over 550,000 clients, with high-net-worth clients reaching 121,000, indicating a shift towards diversified and younger investment demands [7]
澳门累计发行或上市债券超千笔 市场规模突破万亿澳门元
2 1 Shi Ji Jing Ji Bao Dao·2026-01-21 12:09