Xu Zhengyu: The Hong Kong government will introduce tax incentives for funds, single-family offices, and associated equity within the year.

Hong Kong Financial Services and Treasury Bureau Chief Christopher Hui recently stated that in order to further strengthen Hong Kong's position as a leading global wealth management center, the Hong Kong government will introduce tax incentive schemes for funds, single family offices, and associated equity within the year, to enhance Hong Kong's attractiveness to global funds and promote the thriving development of family office ecosystem. The 3rd "Wealth and the City" Summit will be held on March 26th, bringing together global top leaders, family office principals, and innovation pioneers to share insights on topics such as technology and artificial intelligence, philanthropic succession, and craftsmanship inheritance and cultural innovation. Hui stated that the summit not only provides a platform for global elites to exchange ideas but also showcases Hong Kong as a leading international financial center and a global family office hub that nurtures dreams and opportunities everywhere. Hui further mentioned that the week of the "Wealth and the City" summit will see the convergence of multiple international top summits, with the Hong Kong government positioning the week as the "Wealth and Investment Brilliance Week", covering topics such as global investments, family offices, and sustainable development. During this time, Hong Kong will bring together global family offices, investors, and entrepreneurs to explore new opportunities in wealth management and global investment, demonstrating Hong Kong's exceptional strength in connecting the world and leading the future, showcasing its unique advantages as an international metropolis.