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Hong Kong Exchanges and Clearing Limited (HKEX) (stock code 388) announced on 28 October 2026 that its Integrated Fund Platform has launched a new “Platform and Agent Services” offering. The service, described by Liu Weida, head of the platform’s Fund Platform Department, is aimed at fund distributors and fund companies. It provides administrative management of fund units, cash‑flow handling for payments and settlements, reconciliation, and report generation, with the goal of standardising the fund‑sales process and improving overall ecosystem efficiency. According to Liu, more than 30 fund companies and 30 distributors have already joined the platform. By acting as a “master distributor,” the platform will allow distributors to access multiple fund products through a single interface, eliminating the need to conduct individual due‑diligence reviews and system integrations with each fund company. The platform supplies standardised due‑diligence documentation, enabling distributors to rely on the platform for consolidated reviews, while fund companies can evaluate distributors in one step. Liang Songguang, HKEX’s Chief Information Officer, said the standardised services are expected to create a “three‑win” outcome: improved operational efficiency for fund managers, distributors and transfer agents in data reception, order transmission and settlement, and a reinforcement of Hong Kong’s position as a leading global wealth‑management centre. He added that lowering market entry barriers should help smaller brokerage firms expand their fund‑sales activities. Liang outlined the platform’s three‑step strategy. The first step, completed in December 2024, was the launch of a fund database that consolidates information on roughly 2,300 funds approved by the Securities and Futures Commission, achieving 38 million accesses by the end of September 2026. The second step, introduced in July 2025, was an order‑transmission service linking fund distributors with transfer agents to streamline operations. The third step, the Platform and Agent Services, went live on 28 October 2026. The platform remains in a development phase, with HKEX planning to refine and expand its features in response to industry demand. Article source: Sing Tao Electronic Daily | Image credit: Sing Tao Electronic Daily
Hong Kong Exchanges and Clearing Limited (HKEX) (stock code 388) announced on 28 October 2026 that its Integrated Fund Platform has launched a new “Platform and Agent Services” offering. The service, described by Liu Weida, head of the platform’s Fund Platform Department, is aimed at fund distributors and fund companies. It provides administrative management of fund units, cash‑flow handling for payments and settlements, reconciliation, and report generation, with the goal of standardising the fund‑sales process and improving overall ecosystem efficiency. According to Liu, more than 30 fund companies and 30 distributors have already joined the platform. By acting as a “master distributor,” the platform will allow distributors to access multiple fund products through a single interface, eliminating the need to conduct individual due‑diligence reviews and system integrations with each fund company. The platform supplies standardised due‑diligence documentation, enabling distributors to rely on the platform for consolidated reviews, while fund companies can evaluate distributors in one step. Liang Songguang, HKEX’s Chief Information Officer, said the standardised services are expected to create a “three‑win” outcome: improved operational efficiency for fund managers, distributors and transfer agents in data reception, order transmission and settlement, and a reinforcement of Hong Kong’s position as a leading global wealth‑management centre. He added that lowering market entry barriers should help smaller brokerage firms expand their fund‑sales activities. Liang outlined the platform’s three‑step strategy. The first step, completed in December 2024, was the launch of a fund database that consolidates information on roughly 2,300 funds approved by the Securities and Futures Commission, achieving 38 million accesses by the end of September 2026. The second step, introduced in July 2025, was an order‑transmission service linking fund distributors with transfer agents to streamline operations. The third step, the Platform and Agent Services, went live on 28 October 2026. The platform remains in a development phase, with HKEX planning to refine and expand its features in response to industry demand.
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