Why should the fund open an account in Hong Kong?
Generally, for the purpose of remittance of funds, it is convenient to purchase financial products such as overseas stocks and funds. There is no foreign exchange control in Hong Kong account, which is a multi-currency account, and funds can flow in and out freely. Personal accounts are generally used for savings, investment and financial management, insurance and stock trading. Fund (English: Fund) is a reserve of funds or a special appropriation for starting, maintaining or developing a certain cause.