HKEX has announced plans to develop an integrated fund platform for the distribution of retail funds in Hong Kong. The platform aims to lower barriers to entry in the industry and enable market participants to better distribute fund products to their clients. This will provide investors with a wider range of products and enhance overall market efficiencies. The platform will initially operate as a business-to-business service model and will consist of a Communication Hub, a Business Platform, and an Information Portal. HKEX is currently evaluating the operating model and structure of the platform in collaboration with the Hong Kong Government, the SFC, and other stakeholders.
Resource: https://www.hkex.com.hk/News/News-Release/2023/231102news?sc_lang=en
