The Hong Kong Monetary Authority published an update on a new applied research report by the Hong Kong Institute for Monetary and Financial Research (HKIMR) examining Hong Kong’s long-term investing landscape and opportunities as the economy becomes more digital. The report updates HKIMR’s earlier work on demographic change and long-term asset markets and draws on two commissioned surveys covering retail residents and local market participants. Survey results suggest Hong Kong residents have a solid base of financial knowledge but need greater awareness of specific long-term investing and financial planning products. While Hong Kong already offers a broad range of accumulation products, 67% of surveyed market participants identified a need to expand decumulation product options to meet demand for long-term financial planning. Digital adoption was reported as high, with 72% of surveyed residents having used digital financial services in the past year and around 70% of surveyed market participants currently adopting or planning to adopt mobile and web platforms for distributing long-term financial products; the report points to frontier technologies as a lever for product and service innovation, cost efficiency and improved distribution. The report is available on the Hong Kong Academy of Finance and HKIMR website.