Hong Kong Investment Promotion Agency: The new Capital Investment Entrant Scheme is expected to bring in over HKD 15 billion in investment

ChainCatcher news, the Hong Kong Invest Hong Kong stated that the response to the new Capital Investment Entrant Scheme has been enthusiastic since its launch on March 1. As of the 13th of this month, over 500 applications and more than 5,000 inquiries have been received, with an expected investment amount of over HKD 15 billion for Hong Kong. Among these, 448 applications have been verified to meet the net asset requirements, meaning the applicants have proven to possess a net asset of no less than HKD 30 million in the two years prior to submitting their applications; 47 applications have been verified to meet the investment requirements, indicating that the applicants have completed an investment of HKD 30 million in Hong Kong within the six-month deadline. The Director of Invest Hong Kong, Liu Kaixuan, stated that the increase in application numbers for the "new scheme" reflects the confidence of high-net-worth individuals in Hong Kong, attracting experienced businessmen and innovative entrepreneurs, thereby enhancing the development advantages of Hong Kong's asset and wealth management industry. (Hong Kong Government News)