Securities Firm

Beijing is shutting down a massive offshore channel that mainland investors use to buy global stocks and move capital abroad.

The partnership allows Asian professional investors to buy and trade tokenised US government debt, offering a faster alternative to traditional fund settlements.

The collaboration helps both firms expand their reach as Japanese savers increasingly move their money into investment products.

The alternative asset giant aims to channel Japanese private savings into its $8 billion infrastructure platform as retail investors seek stable yields.

In an industry built on long-term lock-ins and opaque fees, Klay Group is betting that the ultra-wealthy want a simple right most firms won't give them: the right to leave.

The launch represents Futu's latest move to bridge technological innovation with premium private wealth experiences, catering to the growing sophistication of high-net-worth investors in Greater China and beyond.

The Chinese financial giant highlights multi-asset strategies as critical for weathering volatility, citing diminished safe-haven appeal in traditional assets like U.S. Treasuries and gold.