Core Viewpoint - The implementation of the cross-border asset management pilot business in Hainan Free Trade Port aims to enhance the investment opportunities for foreign investors and attract asset management institutions to the region, effective from August 21, 2025 [1]. Group 1: Pilot Business Implementation - The pilot business supports foreign investors in investing in financial products issued by financial institutions in Hainan Free Trade Port, including wealth management products, private asset management products, publicly raised securities investment funds, and insurance asset management products [1]. - Specific arrangements are made regarding pilot institution conditions, reporting procedures, product scope, investor suitability management, account opening, fund transfer and exchange, scale management, investor protection, dispute resolution, and monitoring [1]. Group 2: Benefits of the Pilot Business - The pilot business is expected to enrich the supply of cross-border financial products and explore new channels for foreign investors to invest in the domestic market [1]. - It is anticipated to attract both domestic and foreign asset management institutions to operate in Hainan, contributing to the development of Hainan Free Trade Port [1].