Xu Zhengyu: Hong Kong will relax the asset assessment of the new investment immigration program

Speaking at the annual conference of the Asian Securities Industry and Financial Marekt Association, Hong Kong's Secretary for Financial Services and the Treasury, Hui Cheng-yu, said that Hong Kong will further relax asset appraisal requirements and accept investments made through qualified private companies. The tax system for funds and single family offices will also be improved, and a new change of domicile system will be introduced to attract more international companies to set up offices or change of domicile in Hong Kong. In addition, Hong Kong will continue to expand the issuance of green and sustainable bonds and promote the interconnection plan with the mainland financial marekt.