Core Insights - The report emphasizes the urgency of long-term investment in Hong Kong due to the ongoing trend of population aging [1][3] - It highlights that while Hong Kong residents possess a good foundation in financial literacy, there is a need for deeper understanding of specific financial products related to long-term investment and financial planning [1][3] Group 1: Market Analysis - The research indicates that there are already diverse and globally competitive wealth accumulation products available in the Hong Kong market [3] - However, 67% of surveyed institutions believe that the market requires more products with wealth extraction features to meet clients' long-term financial planning needs [3] Group 2: Industry Development - The report discusses how the industry can promote the healthy development of Hong Kong's long-term investment ecosystem [3] - It identifies the adoption of cutting-edge technology as a key driver for innovation in products and services, improving cost efficiency, and optimizing product distribution to enhance long-term investment and financial planning [3] Group 3: Strategic Recommendations - The findings of the research are intended to provide valuable references for market participants to address existing challenges and seize opportunities [3] - The goal is to advance Hong Kong's long-term investment ecosystem towards a more comprehensive and healthier direction [3]