New financial infrastructure for retail fund distribution unveiled in Hong Kong

[ad_1]

The HKSAR Government announced on 2 November  a series of major initiatives to foster co-development of fintech and the real economy in Hong Kong in the Hong Kong FinTech Week 2023 including launching a new integrated fund platform in Hong Kong.
HKEX outlined the main components of the fund platform, including a Communication Hub that connects different parties in the fund distribution ecosystem; a Business Platform covering functionalities such as fund order routing, subscriptions and redemptions, payments and settlements and various optional nominee services; and an Information Portal …

[ad_2]

Source link