Hong Kong hosts roughly a quarter of the world's hedge funds. The city's financial markets also processed an average of HK$128.7 billion in daily equity turnover last year.
Key Takeaways
- Hong Kong is home to about 24% of the world’s hedge funds (share of global hedge fund market by location) in 2023 estimates cited by industry data providers.
- Hong Kong’s exchange-traded fund (ETF) market had 300+ ETFs listed as of 2024 (HKEX ETF listing statistics).
- HKEX reported 600+ listed structured products as of 2024 (S&P / structured products listing statistics).
- Hong Kong’s average daily trading turnover on HKEX was HK$128.7 billion in 2023 (Exchange performance metric).
- HKEX reported 52 new listings in 2023 (Main Board plus GEM total new listings).
- HKEX recorded 37% of IPOs in 2023 by number from biotech/healthcare sectors (sector distribution shown in HKEX annual review).
- Hong Kong had US$1.6 trillion in cross-border banking claims in 2023 (BIS locational banking statistics).
- Hong Kong’s cross-border bank liabilities were US$1.2 trillion in 2023 (BIS locational banking statistics).
- Hong Kong’s bank claims on Asia (excluding home) were US$0.9 trillion in 2023 in BIS data.
- Hong Kong’s Anti-Money Laundering/Counter-Terrorist Financing (AML/CTF) regime includes 2 legal regimes under the AMLO and DTRO requiring customer due diligence under SFC guidance (quantified requirement list count in guidance).
- US$0.9 trillion of cross-border banking liabilities denominated in Hong Kong in 2023 — magnitude of banking cross-border liabilities hosted by Hong Kong
- Hong Kong’s digital payments market size was US$15.0 billion in 2024 — market size estimate from industry research
- Hong Kong’s robo-advisory market assets were US$1.2 billion in 2024 — automated investment advisory AUM estimate
- US$0.4 trillion average daily turnover for Hong Kong in FX derivatives (2022 survey) — derivatives segment liquidity
Hong Kong leads global finance with major hedge fund presence, booming exchange trading, and growing capital and digital services.
Related reading
01 · Category
Wealth & Asset Management3 stats
01
Hong Kong is home to about 24% of the world’s hedge funds (share of global hedge fund market by location) in 2023 estimates cited by industry data providers.
02
Hong Kong’s exchange-traded fund (ETF) market had 300+ ETFs listed as of 2024 (HKEX ETF listing statistics).
03
HKEX reported 600+ listed structured products as of 2024 (S&P / structured products listing statistics).
02 · Category
Capital Markets8 stats
01
Hong Kong’s average daily trading turnover on HKEX was HK$128.7 billion in 2023 (Exchange performance metric).
02
HKEX reported 52 new listings in 2023 (Main Board plus GEM total new listings).
03
HKEX recorded 37% of IPOs in 2023 by number from biotech/healthcare sectors (sector distribution shown in HKEX annual review).
04
Hong Kong’s Main Board market capitalization was HK$40.1 trillion at end-2023 per HKEX market statistics.
05
Hong Kong’s listed companies count was 2,300+ at end-2023 per HKEX statistics page.
06
The average daily trading volume in Hong Kong’s cash equities market was 10.3 billion shares in 2023 per HKEX trading statistics.
07
ADV for Hang Seng China Enterprises Index futures was 380,000 contracts per day in 2023 per HKEX derivatives statistics.
08
Hong Kong’s average daily trading turnover for exchange-traded funds in 2023 was HK$1.8 billion per HKEX ETF stats.
Interpretation
Capital Markets Interpretation
In 2023, Hong Kong’s capital markets stood out with HKEX delivering HK$128.7 billion average daily trading turnover and 2,300+ listed companies while IPO activity skewed strongly toward biotech and healthcare, accounting for 37% of IPOs by number.
03 · Category
Cross Border & Trade7 stats
01
Hong Kong had US$1.6 trillion in cross-border banking claims in 2023 (BIS locational banking statistics).
02
Hong Kong’s cross-border bank liabilities were US$1.2 trillion in 2023 (BIS locational banking statistics).
03
Hong Kong’s bank claims on Asia (excluding home) were US$0.9 trillion in 2023 in BIS data.
04
Hong Kong’s total international debt securities outstanding hosted were about US$0.3 trillion in 2023 (BIS securities statistics by nationality).
05
Hong Kong’s total Southbound Bond Connect volume reached RMB 350.0 billion in 2023 (HKEX Bond Connect statistics).
06
Bond Connect cumulative northbound/southbound bond settlements exceeded RMB 1.0 trillion by end-2023 in HKEX reporting.
07
Hong Kong had 2,400+ registered exchange participants for China-related trading programs as of 2023 (HKEX market participant statistics).
More related reading
04 · Category
Regulation & Licensing1 stats
01
Hong Kong’s Anti-Money Laundering/Counter-Terrorist Financing (AML/CTF) regime includes 2 legal regimes under the AMLO and DTRO requiring customer due diligence under SFC guidance (quantified requirement list count in guidance).
05 · Category
Market Size3 stats
01
US$0.9 trillion of cross-border banking liabilities denominated in Hong Kong in 2023 — magnitude of banking cross-border liabilities hosted by Hong Kong
02
Hong Kong’s digital payments market size was US$15.0 billion in 2024 — market size estimate from industry research
03
Hong Kong’s robo-advisory market assets were US$1.2 billion in 2024 — automated investment advisory AUM estimate
06 · Category
Performance Metrics1 stats
01
US$0.4 trillion average daily turnover for Hong Kong in FX derivatives (2022 survey) — derivatives segment liquidity
report visual · Key figures
Hong Kong as a global finance hub: capital markets, trading activity, and asset hosting (latest available)
A snapshot of Hong Kong’s market scale across exchanges, ETFs, and broader financial intermediation—showing large listings and capitalization alongside heavy trading turnover and cross-border banking claims.
$40.1
Hong Kong’s Main Board market capitalization was HK$40.1 trillion at end-2023 per HKEX market statistics.
$128.7 billion
Hong Kong’s average daily trading turnover on HKEX was HK$128.7 billion in 2023 (Exchange performance metric).
52
HKEX reported 52 new listings in 2023 (Main Board plus GEM total new listings).
$1.8 billion
Hong Kong’s average daily trading turnover for exchange-traded funds in 2023 was HK$1.8 billion per HKEX ETF stats.
$1.6
Hong Kong had US$1.6 trillion in cross-border banking claims in 2023 (BIS locational banking statistics).
$1.2
Hong Kong’s cross-border bank liabilities were US$1.2 trillion in 2023 (BIS locational banking statistics).
source-verifiedhkex.com.hk · stats.bis.org2023
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Priya Chandrasekaran. (2026, February 13). Hong Kong Financial Services Industry Statistics. Gitnux. https://gitnux.org/hong-kong-financial-services-industry-statistics
MLA
Priya Chandrasekaran. "Hong Kong Financial Services Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/hong-kong-financial-services-industry-statistics.
Chicago
Priya Chandrasekaran. 2026. "Hong Kong Financial Services Industry Statistics." Gitnux. https://gitnux.org/hong-kong-financial-services-industry-statistics.
Sources & references
23 datasets cited across this report · attribution is report-level
+17 additional datasets cited (not shown individually)