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BRIEF-Hong Kong's Asset And Wealth Management Business Up 20% Y/Y In 2019 - SFC

Aug 25 (Reuters) - Securities and Futures Commission

* SAYS ASSETS UNDER MANAGEMENT OF THE ASSET AND WEALTH MANAGEMENT BUSINESS IN HONG KONG UP 20% Y/Y TO HK$28,769 BILLION ($3.71 trillion) AS OF DEC 31, 2019

* SAYS HONG KONG-DOMICILED PUBLIC FUNDS REBOUNDED IN Q2 WITH NET FUND INFLOWS OF HK$27 BILLION AFTER NET OUTFLOWS IN Q1 Source text in English: bit.ly/3jpaoi7 ($1 = 7.7502 Hong Kong dollars) (Reporting by Hong Kong newsroom)

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