News list for " Hui Zhengyu"
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...
Xu Zhengyu, Secretary for Financial Services and the Treasury of Hong Kong, said in a radio interview that Hong Kong, as an asset management center or hub, will consult the market on the virtual asset custodian system this year and will gradually establish the entire virtual asset ecosystem, so that the market can not only develop sustainably, but also further integrate the new financial sector with the real economy.
Hong Kong Secretary for Financial Services and the Treasury Hui Cheng-yu said during a visit to Zurich, Switzerland, that Hong Kong will consult the industry to increase the types of eligible transactions for which funds and single-family offices can enjoy tax concessions to cover emissions derivatives/emission limits, insurance-linked securities, loans and private credit investments, virtual assets, etc. He also said that green bonds issued by the Hong Kong government have so far successfully i...
Speaking at the Asia Pacific Fintech Innovation Lab 2024, an accelerator programme run by Cyberport and Accenture, Hui Cheng-yu, Hong Kong's secretary for financial services and the Treasury, said the government was committed to advancing the development of cutting-edge financial services and reshaping the financial landscape of the future. Key areas of focus include central bank digital currencies, mobile payments, virtual banking, virtual insurance and virtual asset trading.
Speaking at the Standard Chartered Awards 2024 today (October 21), the Secretary for Financial Services and the Treasury, Mr. Hui Cheng-yu, said that the Treasury Bureau will soon issue a policy statement on the application of artificial intelligence in financial marekt, and will further improve the regulation of virtual asset transactions, develop the blockchain digital asset currency ecosystem, and promote real-world asset tokenization and digital currency ecosystem.
In replying to Mr. Hui's question, the Secretary for Financial Services and the Treasury of Hong Kong, Hui Cheng-yu, said that since the launch of the New Capital Investor Entry Scheme, Invest Hong Kong will also consider accepting applicants' assets held by their wholly-owned private companies as proof of assets according to the actual circumstances of the case. If the applicant through its...
Xu Zhengyu, Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region Government, said in the latest interview that with the three major trends of asset allocation diversification, economic digitalization and green transformation in international capital markets, Hong Kong, as an international financial center, must continue to reform and innovate in order to seize new opportunities. European policies on Hong Kong, especially some recent policies on innovat...
