#Hong Kong #Ping An #HKEX #Fund Platform

PAAMC HK Joins HKEX Integrated Fund Platform

On July 7, 2025, Ping An of China Asset Management (Hong Kong) Company Limited (PAAMC HK) announced its participation in the Integrated Fund Platform (IFP) developed by Hong Kong Exchanges and Clearing Limited (HKEX). This move marks PAAMC HK as one of the pioneer fund houses to embrace the platform's innovative capabilities, aimed at modernizing fund distribution processes and improving operational efficiencies.

The Integrated Fund Platform is designed to enhance the distribution value chain in the fund industry. As a business-to-business service, it aims to provide a seamless experience in the fund order placement process, enhancing interactions between fund distributors and transfer agents. The addition of an Order Routing Service within the IFP is set to transform how subscriptions and redemptions are processed, addressing long-standing operational challenges faced by asset managers and distributors alike.

Albert Wang, the Chief Investment Officer (CIO) and Head of Capital Markets at PAAMC HK, emphasized the significance of this initiative. He stated, "As one of the first fund houses to participate in the IFP fund distribution lifecycle, we are proud to support this transformative platform, which marks a significant step forward in enhancing the efficiency, transparency, and connectivity of Hong Kong's fund distribution ecosystem."

With the IFP, clients can now access comprehensive information about all SFC-authorized funds managed by PAAMC HK directly through the IFP's Fund Repository and Order Routing system. This not only streamlines client access but also leverages PAAMC HK's extensive offshore investment research and portfolio management capabilities, offering a wide array of investment solutions. These include equities, fixed income, ETFs, structured products, and alternative assets, catering to diverse client investment needs.

The developments surrounding IFP have received backing from the Hong Kong Special Administrative Region Government and the Securities and Futures Commission (SFC). As part of its ongoing evolution, the platform is expected to introduce nominee services and enhancements for payment and settlement processes as regulatory approvals are secured. PAAMC HK is committed to contributing to these advancements, furthering its role in refining operational efficiency and connectivity within the asset management ecosystem.

The journey forward for the IFP represents a concerted effort to uplift the standards of fund distribution within Hong Kong, reinforcing its status as a premier financial hub in Asia. With PAAMC HK’s involvement, the fund management industry is poised for improved access and operational synergy, ultimately translating into better experiences for investors and clients.

In conclusion, PAAMC HK's early adoption of the IFP illustrates its dedication to fostering operational excellence and superior client service. As the asset management landscape continues to evolve, such collaborative initiatives will prove essential in harnessing opportunities and enriching the industry's overall growth.