Value of AUM of MRF funds in Hong Kong and mainland China 2017-2023
In 2023, the assets under management (AUM) under the Mutual Recognition of Funds agreement in Hong Kong valued at almost 14 billion yuan. At the same time, the MRF fund assets in mainland China had a total value of 1.1 billion yuan. Mutual Recognition of Funds is an agreement between mainland China and Hong Kong that allows investment funds to be distributed in two markets.