Knight Frank: Proposed the Hong Kong government further relax the investment threshold for residential properties to HK$10 million to attract funds to support the real estate market.
Gao Weixiong suggested that the Hong Kong government should consider further lowering the investment threshold for residential properties to HK$10 million and removing the investment cap in order to attract more funds to support the real estate market.
The Hong Kong government stated that the "New Capital Investor Immigration Scheme" featuring a series of optimization measures will be introduced soon. Kelvin Wong, Executive Director and Head of Capital Markets at JLL, expressed the hope that the government will announce detailed information as soon as possible. At the same time, it is suggested that the authorities consider further lowering the threshold for residential property investment to HK$10 million and removing the limit on property investment to attract more funds to support the real estate market. JLL believes that lowering the threshold will help improve the investment immigration policy, attract small and medium-sized investors to invest in Hong Kong real estate, expand the potential investor base, further enhance Hong Kong's competitiveness as an international financial center, and attract more talent and funds.
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In July, the overall export volume and import volume of goods in Hong Kong increased by 12.6% and 14.3% respectively compared to the same period last year.
Hong Kong Securities and Futures Professionals Association: the establishment of the "Mainland Enterprises Going Global Class" will help strengthen Hong Kong's role as an international financial center.
Hong Kong Securities and Futures Commission: Welcome measures proposed by the Chief Executive to consolidate Hong Kong's status as a leading financial center.
