Analysis of the Reasons Why Hong Kong does not have Short-term Financial Products

Authors

  • Zuozhe Yang
  • Qiuhua Pan
  • Xiaoyang Tian

DOI:

https://doi.org/10.54691/bcpbm.v17i.343

Keywords:

Short-term Wealth Management Products; Hong Kong Financial Market; Industry Conditions; HIBOR; Deposit Interest Rates.

Abstract

Whether in mainland China or Hong Kong, due to the steady development of China's economy and the continuous growth of national income, residents' awareness of financial management has become stronger and stronger, so the development of the financial product industry is also booming. In the mainland, an increasing number of people are investing their spare money in currency funds such as Short-term wealth management products under a good momentum of development. However, the development of such currency funds in Hong Kong is slower than that in the mainland. This article will explore and analyze the reasons for the lack of Short-term money funds in Hong Kong from different angles.

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References

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Published

2022-02-23