Odaily News In his speech at the annual meeting of the Asian Securities Industry and Financial Markets Association, Paul Hui, Secretary for Financial Services and the Treasury of Hong Kong, said that Hong Kong will further relax asset valuation requirements and accept investments made through qualified private companies. It will also optimize the tax system for funds and single family offices and introduce a new company relocation system to attract more international companies to set up offices or relocate 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 market. (Aastocks)
Earlier news, a spokesperson for Invest Hong Kong confirmed that cryptocurrencies including Bitcoin and Ethereum can be used as proof of assets when applying for a "Capital Investor Entrant Scheme" visa.
