The Securities and Futures Commission and the Hong Kong Monetary Authority published findings from their annual joint survey on the distribution of non-exchange-traded investment products, reporting record sales and broader market participation in 2024. Total transaction amounts reported by licensed corporations and registered institutions rose 40% year on year to HKD 6,073 billion. Participation metrics also reached new highs, with the number of firms selling investment products up 9% to 414 and large firms up 12% to 101, while manpower deployed for distribution rose 4% to more than 19,000 and the number of clients completing at least one transaction increased 28% to over 1.2 million. By product type, structured products remained the largest category at 42% (HKD 2,567 billion) of total transactions, followed by collective investment schemes (37%, HKD 2,244 billion) and debt securities (15%, HKD 941 billion); authorised CIS sales grew 96% to HKD 1,400 billion and unauthorised CIS sales rose 50% to HKD 844 billion, while structured products and debt securities increased 30% and 29% respectively. Online sales accounted for 17% of aggregate transaction amounts (up from 12% in 2023), with 104 respondent firms distributing online. The survey covered sales from 1 January to 31 December 2024 to non-professional investors, individual professional investors and certain corporate professional investors, based on questionnaires sent to 2,368 licensed corporations and 109 registered institutions licensed or registered for Type 1 and/or Type 4 regulated activities, with a response rate above 99%.

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