Hong Kong Treasury Secretary: Expanding Eligible Investment Types for Funds and Family Control Tools to Cover Digital Assets Outside Hong Kong

Odaily News Hong Kong's Secretary for Financial Services and the Treasury announced at the Legislative Council Financial Affairs Committee meeting regarding the optimization of preferential tax regimes for funds, family investment holding vehicles, and carried interest that a series of optimization measures have been formulated in collaboration with the Hong Kong Monetary Authority, the Securities and Futures Commission of Hong Kong, and the Inland Revenue Department. These measures include expanding the eligible investment types for funds and family control tools to cover digital assets located outside Hong Kong, real estate, insurance-linked securities, equity interests in non-corporate entities, loans (including private credit investments), precious metals, and specific commodities. These measures complement the government's policies in related areas, such as promoting carbon trading, digital assets, and precious metals and commodity trading. (Hong Kong Government Press Release)