Survey: About one-third of private wealth management institutions in Hong Kong expect a maximum allocation ratio of 10% for virtual assets within five years

PANews November 22 news, according to Jinshi reports, the Hong Kong Private Wealth Management Association (PWMA) released a survey on Friday showing that most private wealth management companies are cautiously observing virtual assets. However, in recent years, the trading volume of cryptocurrencies in Hong Kong has surged, and with the regulatory framework gradually improving, about one-third of wealth management institutions expect that their allocation ratio for virtual assets will be 6-10% within five years.