The Hong Kong Institute for Monetary and Financial Research (HKIMR), the research arm of the Hong Kong Academy of Finance (AoF), today (22 September) released a new Applied Research report, titled “Long-term Investing in Hong Kong: Developments and Opportunities in a Digital Economy”.
The report, building upon the HKIMR’s prior research on demographic changes and long-term asset markets, provides a comprehensive and updated analysis of Hong Kong’s long-term investing landscape and opportunities within the context of an evolving digital economy. The report covers two surveys that were commissioned by the HKIMR. The first survey, carried out in collaboration with the Investor and Financial Education Council, explored Hong Kong residents’ long-term investment decisions. The second survey, administered in collaboration with a consulting firm, focused on local market participants to gain insight into their perspectives on product development, distribution strategies, and the adoption of technology.
The study highlights that while Hong Kong residents exhibit a strong foundation for basic financial knowledge, there is a need for greater awareness of specific financial products, particularly those related to long-term investing and financial planning. As for products, Hong Kong already possesses a diverse suite of globally competitive accumulation products. However, 67% of the surveyed market participants saw the crucial need to increase the supply of decumulation product options to accommodate their customers’ demand for long-term financial planning.
The study also reflects that digital adoption among both survey groups is high. In the study, 72% of surveyed residents reported using digital financial services in the past year, and about 70% of the surveyed market participants reported they are currently adopting or plan to adopt mobile and web platforms to distribute long-term financial products. Based on these survey findings, the study suggests some considerations to foster a healthy long-term investment ecosystem in Hong Kong. Among those, embracing frontier technologies is key to drive innovative product and services, increase cost efficiency, and further enhance product distribution to support more effective long-term investing and financial planning.
“The trend of population ageing continues, making it imperative to prioritise long-term investing. The insights of this report can be helpful for market participants as they navigate existing challenges and foster business opportunities that contribute to developing a more comprehensive and healthy long-term investment ecosystem in Hong Kong,” said Mr Enoch Fung, Chief Executive Officer of the AoF and Executive Director of the HKIMR.
The report is available on the AoF/HKIMR website.
Hong Kong Academy of Finance
Hong Kong Institute for Monetary and Financial Research
22 September 2025
About the Hong Kong Academy of Finance (AoF)
The AoF is set up with full collaboration amongst the Hong Kong Monetary Authority, the Securities and Futures Commission, the Insurance Authority and the Mandatory Provident Fund Schemes Authority. By bringing together the strengths of the industry, the regulatory community, professional bodies and the academia, it aims to serve as (i) a centre of excellence for developing financial leadership; and (ii) a repository of knowledge in monetary and financial research, including applied research.
About the Hong Kong Institute for Monetary and Financial Research (HKIMR)
The HKIMR is the research arm of the AoF. Its main remit is to conduct research in the fields of monetary policy, banking and finance that are of strategic importance to Hong Kong and the Asia region. The Applied Research studies undertaken by the HKIMR are on topics that are highly relevant to the financial industry and regulators in Hong Kong, and they aim to provide insights on the long-term development strategy and direction of Hong Kong’s financial industry.
The Hong Kong Institute for Monetary and Financial Research (HKIMR), the research arm of the Hong Kong Academy of Finance (AoF), today (22 September) released a new Applied Research report, titled “Long-term Investing in Hong Kong: Developments and Opportunities in a Digital Economy”. Mr Enoch Fung, Chief Executive Officer of the AoF and Executive Director of the HKIMR (left), and Mr Giorgio Valente, Head of the HKIMR (right), host a press briefing to share the key findings of the report.
