Page 67 - 期货和衍生品行业监管动态（2024年12月刊）

期货和衍生品行业监管动态

ETFs up 34% year-on-year (YoY) (Note 2). They recorded net inflows of $6.3 billion

in the quarter. Hong Kong-domiciled funds saw assets under management up 29.5%

YoY to $1.67 trillion, with continued net fund inflows of about $34 billion in the

quarter. The number of licensed asset managers jumped 24% YoY, while the number

of open-ended fund companies also surged 132.6% YoY.

b) The numbers of both corporate and individual licence applications received by

the SFC increased in the quarter, up 56% and 23% YoY, respectively.

c) The SFC is reviewing 15 licence applications from virtual asset (VA) trading

platforms (11 deemed to be licensed), and is on track to license a few deemed

operators this year under a swift licensing process. The market capitalisation of Asia’s

first batch of VA spot ETFs listed in Hong Kong was up more than 70% with average

daily turnover doubling from their launch in April to late November.

d) A number of leading Mainland enterprises went public through IPOs in Hong

Kong after the Mainland announced support measures in April. With the SFC’s

approval, the Stock Exchange of Hong Kong streamlined the new listing vetting

procedure. All market operations under severe weather trading were smooth on 14

November.

e) The Court of First Instance handed down the heaviest jail sentence on market

manipulation cases since the Securities and Futures Ordinance took effect. Besides,

the District Court has set the next hearing date for three large ramp-and-dump cases

involving suspected securities-related fraud and money laundering following

joint investigations by the SFC and the Police.

Notes:

1.Unless otherwise specified, figures are as of end-September 2024.

2.The number of ETFs includes leveraged and inverse products.

https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?

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