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Survey: About a third of private wealth managers in Hong Kong expect to allocate up to 10% of their assets to virtual assets within five years

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2024-11-22 04:52:35
The Hong Kong Private Wealth Management Association (PWMA) released a survey on Friday showing that most private wealth managers are taking a wait-and-see attitude towards virtual assets. However, in recent years, the amount of cryptocurrency transactions in Hong Kong has soared, and the regulatory system has gradually improved. About one-third of wealth managers expect their allocation to virtual assets to be 6-10% within five years. (Jin Ten)
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