Xu Zhengyu: Hong Kong will relax the asset assessment requirements for the Capital Investor Entry Scheme

2025-02-17 21:16:00

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ChainCatcher news, according to a report by Huigang Information, the Secretary for Financial Services and the Treasury of Hong Kong, Xu Zhengyu, announced at the annual meeting of the Asian Securities Industry and Financial Markets Association that Hong Kong will build world-class gold storage facilities, promote the establishment of recognized warehouses by the London Metal Exchange (LME) in Hong Kong, and expand the scale of commodity storage.

Xu Zhengyu stated that Hong Kong will relax the asset assessment requirements for the Capital Investment Entrant Scheme (CIES) and optimize the tax system for funds and single family offices. At the same time, Hong Kong will introduce a new company relocation system, increase the scale of green bond issuance, and deepen the connectivity with the mainland financial market. In addition, the consultation on optimizing the pricing of the initial public offering market will end on March 19.

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