毕马威：香港基金税制迎重大改革，将吸引全球资产管理公司落户

Odaily Planet Daily News KPMG today released its latest "Hong Kong Asset Management and Private Equity Outlook" report, pointing out that reforms to the fund tax exemption system and the carried interest tax concession system in the Hong Kong market are expected to attract a new wave of regional and global asset management companies to establish a presence in Hong Kong. Under the new system, qualifying carried interest and performance fees are subject to a 0% effective tax rate, both at the corporate level and at the individual level for Hong Kong-based employees.

Data shows that in 2025, Hong Kong's Assets Under Management (AUM) grew by 20% year-on-year to a historic high, while net fund inflows for the year surged by 193% year-on-year, roughly tripling the figure from the previous year. KPMG forecasts that Hong Kong's total IPO fundraising amount for the year could reach approximately HKD 350 billion. As investor demand expands to products such as virtual assets and tactical trading, the ETF market is expected to continue its expansion. (KPMG)