香港金融管理局：2025香港长线投资：数字经济下的发展及机遇报告（英文版）（78页）.pdf

1、September 2025Hong Kong Institute for Monetary and Financial ResearchHKIMR Applied Research Report No.2/2025Long-term Investing in Hong KongDevelopments and Opportunities in a Digital EconomyContentsPagesForeword2Acknowledgement3Executive Summary4Chapter 1Long-term Investing and Financial Planning i

2、n the Digital Era7Motivations,emerging technologies,and key factors in a global contextChapter 2Financial Literacy and Individual Long-term Investment Behaviours16The role of financial literacy and behavioural biasesChapter 3Insights on Long-term Investing in Hong Kong23Individual perspectives on fi

3、nancial knowledge,investment behaviour,and digitalisationChapter 4The Evolving Landscape of Long-term Investing and Recent Developments:Views from the Market33Product development,distribution and marketing,financial education,and technology adoptionChapter 5Initiatives to Promote Long-term Investing

4、 and Financial Planning43The international and regional experiences and Hong Kongs stanceChapter 6Towards the Healthy Development of the Long-term Investment Ecosystem in Hong Kong57Capitalising on the advantages and areas for further developmentConclusions62Appendix A:Background to the IFEC 2024 Su

5、rvey64Appendix B:Background to the Long-term Investing Survey65Appendix C:Selected Initiatives in Hong Kong66Appendix D:References702Long-term Investing in Hong KongForewordLong-term investing is a cornerstone of effective financial planning,significantly enhancing individuals financial well-being a

6、nd resilience to potential shocks.Its importance is increasingly evident in light of the global trend of population ageing,characterised by rising life expectancies and declining fertility rates.This shift underscores the need for individuals to enhance their financial literacy and prioritise long-t