Hong Kong SFC: The main services of the Integrated Fund Platform are fully operational, helping to consolidate Hong Kong's position as a leading global wealth management center.

Zhitong Finance APP has learned that on October 28, the Securities and Futures Commission of Hong Kong issued a statement welcoming the launch of platform and agent services by Hong Kong Exchanges and Clearing Limited on the Integrated Fund Platform. The launch of these services marks a key milestone in the development of the Integrated Fund Platform and significantly broadens its scope of services. The new services will help fund managers and distributors streamline operational processes and promote broader participation by all parties across various segments of the fund distribution value chain. Starting today, distributors, including brokerage firms, can subscribe for and redeem funds on the platform on behalf of their clients.