The Securities and Future Commission (SFC) published its quarterly report for the quarter ending in 31 December 2023.
Net fund inflows into Hong Kong surges 179% quarter on quarter. For mainland – Hong Kong stock connect, its average daily rose 8%. The number of SFC licensees and registrants remained stable. License applications received rose 16%. Of the 56 corporation license applications approved by SFC in the quarter, Type 9 accounts for 88% and Type 4 accounts for 66%.
SFC also established a working group with the Hong Kong Police Force to enhance collaboration on monitoring and investigating virtual asset illegal activities.
Resources:
https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=24PR44