Hong Kong reports record sales of non-exchange-traded investment products in 2025, reaching HK$9.9 trillion (about US$1.3 trillion), according to a joint survey by the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA). The figure represents a 63% year-on-year increase.
Both reports attribute the rise to broader market participation and strong investor demand. The number of investors completing at least one transaction increases sharply, with the South China Morning Post citing a 33% year-on-year rise to more than 1.6 million investors. The Xinhua account, carried by hongkongnews.net, also highlights demand for fixed-income, currency and commodity (FICC)-related products as a key driver.
While the outlets focus on the same headline figure and growth rate, they differ slightly in emphasis: one highlights investor participation measures, while the other underscores product demand categories. Neither report indicates a change in the underlying methodology, but both describe the result as an all-time high based on the 2025 survey data.
