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Hong Kong Wealth Management Monthly Report

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Hong Kong Wealth Management Monthly

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Today21 OctWed1 items
  1. Government News Network: Finance24

    2026 APEC Finance Ministers' Meeting Opens in Hong Kong, Marking the City's First Time Hosting the Event

    The two-day 2026 APEC Finance Ministers' Meeting has opened in Hong Kong, marking the first time the city has hosted the event, with a focus on regional economic and financial cooperation. At the opening ceremony, Finance Minister Lan Fo'an called on member economies to strengthen macroeconomic policy dialogue, guard against negative spillover effects from policy adjustments, and seize opportunities from digitalization and green transition to foster new growth drivers. Paul Chan, Financial Secretary of the Hong Kong SAR, said Hong Kong will leverage its unique advantages under "One Country, Two Systems" and play its role as a "super connector" and "super value-adder" as an international financial center, helping the region achieve resilient, sustainable and inclusive growth.

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20 OctTue
  1. Hong Kong Inland Revenue Department: Latest News36

    Circular from the Hong Kong Inland Revenue Department to tax representatives: Arrangements for bulk extension of filing for 2025/26 tax year returns (extended deadline for 'M' code returns)

    On 20 October 2026, the Hong Kong Inland Revenue Department issued a circular to tax representatives announcing arrangements for bulk extension of filing for 2025/26 tax year returns, specifying the extended filing deadline for 'M' code returns. These arrangements relate to extension applications for returns filed by tax representatives on behalf of taxpayers.

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19 OctMon
  1. Government News Network: Finance25

    Chief Executive Meets with President of the Asian Infrastructure Investment Bank

    Chief Executive John Lee met with Zou Jiayi, President of the Asian Infrastructure Investment Bank (AIIB), at Government House today to exchange views on further strengthening regional financial cooperation. The AIIB will soon establish an office in Hong Kong with both financing and operational functions, and the Hong Kong SAR Government will fully support the establishment and operation of this office. Both sides will continue to deepen cooperation in areas such as transition finance, technological innovation, and talent development, jointly promoting regional economic prosperity.

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17 OctSat
  1. Government News Network: Finance20

    Financial Secretary Concludes Visit to Thailand

    Financial Secretary Paul Chan concluded his visit to Bangkok, Thailand. During the visit, he met with Thai Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas, where the two sides exchanged views on strengthening Hong Kong-Thailand economic, trade, and financial cooperation, aligning Thai foreign direct investment with Hong Kong's capital markets, promoting regulatory cooperation between the two securities markets, and facilitating dual primary listings of enterprises. Paul Chan also met with senior executives of a major French bank with extensive operations in Hong Kong, discussing developments in fixed income and currency markets, green and sustainable finance, tokenized financial products, and asset management. He then departed for Hong Kong.

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16 OctFri
  1. Hong Kong Inland Revenue Department: Latest News50

    Hong Kong Inland Revenue (Amendment) (Tax Deduction for Intellectual Property Expenditure) Bill 2026 Published in Gazette

    The Hong Kong SAR Government published the Inland Revenue (Amendment) (Tax Deduction for Intellectual Property Expenditure) Bill 2026 in the Gazette on October 16, relaxing tax deduction arrangements for relevant capital expenditures incurred by enterprises in acquiring eligible intellectual property or obtaining licenses to use it.

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  2. Government News Network: Finance27

    Financial Secretary Paul Chan travels to Thailand for IMF and World Bank Group Annual Meetings events

    Financial Secretary Paul Chan, as a member of the Chinese delegation, attended the plenary meetings of the International Monetary Fund and World Bank Group Annual Meetings held in Bangkok, Thailand. During related exchange events, he introduced the development direction of Hong Kong's first five-year plan aligned with the national 15th Five-Year Plan, mentioning that Hong Kong will focus on building the Four Centres and One Hub, deepen the Finance+ strategy, expand offshore RMB business, and meet with executives of the World Bank Group and management of major European digital banks.

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  3. Government News Network: Finance52

    Hong Kong releases Inland Revenue (Amendment) (Tax Deduction for Intellectual Property Expenditure) Bill 2026

    The Hong Kong SAR government gazetted the Inland Revenue (Amendment) (Tax Deduction for Intellectual Property Expenditure) Bill 2026, relaxing tax deductions for capital expenditure incurred by enterprises on acquiring intellectual property or related usage licenses. The bill will apply to intellectual property acquisition or license contracts signed on or after 1 April this year, covering tax deductions for three types of capital expenditure: acquiring intellectual property from related parties, intellectual property used by licensees outside Hong Kong, and prepaid license fees for intellectual property usage.

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  4. Government News Network: Finance64

    Hong Kong Government Gazette Announces Phase 1 of MPF Portability Territory-wide Takes Effect on December 21

    The Hong Kong Special Administrative Region Government has published an effectiveness notice in the Government Gazette, stating that the Mandatory Provident Fund Schemes (General) (Amendment) Regulation 2025 will come into effect on December 21, marking the official launch of Phase 1 of MPF "territory-wide portability". New employees who joined on or after May 1 last year can transfer all accrued benefits derived from the employer's mandatory contributions under their current employment from the employer-chosen MPF scheme to a personal account in a self-elected MPF scheme. Transfers can be made once per calendar year, or more frequently if the governing rules of the transferring scheme permit.

    Planning Note:Regarding liquidity arrangements for MPF benefits, new employees who joined after May 1 last year may wish to note the transfer rules for accrued benefits from employer contributions.

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15 OctThu
  1. HKMA: Press Releases26

    HKMA to Tender 2-Year RMB Hong Kong SAR Government Institutional Bonds via Reopening on October 22, 2026

    The Hong Kong Monetary Authority (HKMA), on behalf of the Government of the Hong Kong Special Administrative Region (HKSAR), announced that it will reopen the 3-year government bond (Issue No. 03GB2807001) under the Government Bond Programme on October 22, 2026, and tender 2-year RMB-denominated HKSAR institutional government bonds, with settlement on October 26, 2026. The tender amount is RMB 750 million, with a coupon rate of 1.59% per annum, payable semi-annually. The tender is only open to designated primary dealers under the Government Bond Programme, with a minimum bid amount of RMB 50,000 and multiples thereof.

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  2. Government News Network: Finance22

    Financial Secretary promotes Hong Kong in Bangkok

    Financial Secretary Paul Chan, as a member of the Chinese delegation, attended the Annual Meetings of the International Monetary Fund and the World Bank Group held in Bangkok, Thailand, and participated in a roundtable co-hosted by the International Monetary Fund and the Hong Kong Monetary Authority. He introduced Hong Kong's investment and financing market advantages at the meeting and invited international multilateral organizations, financial institutions, and insurance companies to cooperate to improve capital raising and risk management efficiency. Paul Chan also met with the Chinese Ambassador to Thailand and senior executives of the International Finance Corporation in the Asia-Pacific region to discuss deepening cooperation in multiple fields.

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14 OctWed
  1. News Search: Hong Kong Insurance Authority31

    The Financial Services and the Treasury Bureau and the Insurance Authority of Hong Kong welcome PICC P&C's issuance of the first sidecar insurance-linked securities in Hong Kong.

    The Financial Services and the Treasury Bureau and the Insurance Authority of Hong Kong have publicly welcomed PICC P&C's issuance of the first sidecar insurance-linked securities in Hong Kong. This project is an innovative implementation case in Hong Kong's insurance-linked securities market, and details such as the specific issuance scale, pricing, and risk coverage scope have not been disclosed yet.

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  2. Hong Kong Inland Revenue Department: Latest News44

    Orders for Hong Kong's comprehensive avoidance of double taxation agreements with six countries to be published in the Gazette

    The Chief Executive in Council made six orders on October 6, 2026, under the Inland Revenue Ordinance (Cap. 112) to implement comprehensive avoidance of double taxation agreements signed with Barbados, Jordan, the Kyrgyz Republic, the Maldives, Norway, and Rwanda. The orders were published in the Gazette on October 16, 2026, and tabled before the Legislative Council on October 21 under the negative vetting procedure.

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  3. News Search: Hong Kong Insurance Authority30

    Hong Kong's Financial Services and the Treasury Bureau Welcomes PICC P&C's Issuance of the First 'Sidecar' Insurance-Linked Security in Hong Kong

    Hong Kong's Financial Services and the Treasury Bureau publicly welcomed PICC P&C's issuance of the first 'sidecar' insurance-linked security in Hong Kong. This event, reported by the Hong Kong Commercial Daily, is a landmark development in Hong Kong's insurance-linked securities market.

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  4. HKMA: Press Releases26

    HKMA to Hold Reopened Tender for 3-Year HKD Institutional Government Bonds on October 21, 2026

    The Hong Kong Monetary Authority (HKMA), on behalf of the Government of the Hong Kong Special Administrative Region (HKSAR), announced that it will hold a reopened tender for 3-year HKD institutional government bonds on October 21, 2026. This tender is part of the reopened issuance of the 5-year government bond (No. 05GB2912001) under the Government Bond Programme, with an issuance size of HKD 750 million and settlement completed on October 22, 2026. This tender is only open to primary dealers appointed under the Government Bond Programme, with a minimum bid amount of HKD 50,000 and multiples thereof. Successful bidders are required to pay accrued interest of HKD 615.03 per HKD 50,000 face value on the issuance date.

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13 OctTue
  1. News Search: Investment Migration, Family Offices, and Cross-boundary Wealth Management Connect22

    Hong Kong's New Capital Investment Entrant Scheme Attracts HKD 7.45 Billion in Three Years, Scale Repeatedly Hits New Highs

    Hong Kong's new Capital Investment Entrant Scheme has attracted a cumulative HKD 7.45 billion over three years since implementation, with the scheme scale repeatedly reaching new highs.

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29 SeptTue
  1. Hong Kong Inland Revenue Department: Latest News58

    The Stamp Duty (Amendment) (No. 3) Bill 2026 Will Be Gazetted on October 2, Relaxing Eligibility for Stamp Duty Relief on Intra-Group Asset Transfers

    The Hong Kong government announced that the Stamp Duty (Amendment) (No. 3) Bill 2026 will be gazetted on October 2, implementing the relaxed stamp duty relief for intra-group asset transfers proposed in the 2026-27 Budget. Under current rules, affiliated enterprises are recognized if they directly or indirectly hold 90% or more of each other's issued share capital; the bill will lower this shareholding threshold to 75%, and include direct or indirect beneficial interests and voting rights as recognition criteria, covering new types of enterprises such as limited liability partnerships and companies limited by guarantee that do not issue shares.

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22 SeptTue
  1. Hong Kong Monetary Authority: Speech22

    Speech by Carmen Chu, Assistant Director (Banking Supervision) of the Hong Kong Monetary Authority, at the Welcome Reception of the 2026 Asia Pacific FinTech Innovation Lab

    Carmen Chu, Assistant Director (Banking Supervision) of the Hong Kong Monetary Authority, delivered a speech at the Welcome Reception of the 2026 Asia Pacific FinTech Innovation Lab, noting that the Lab has been running for 13 years and serves as an important bridge connecting fintech startups with the practical operational needs of the Asian banking sector.

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17 SeptThu
  1. Hong Kong Investment Funds Association: Updates and Fund Flows44

    The Hong Kong Investment Funds Association Welcomes Hong Kong's First Five-Year Plan and Measures in the 2026 Policy Address

    The Hong Kong Investment Funds Association (HKIFA) has publicly welcomed Hong Kong's "First Five-Year Plan for Economic and Social Development 2026–2030" and related measures in the 2026 Policy Address. The Association participated in the Five-Year Plan consultation and endorses the Plan's inclusion of core industry priorities such as strengthening Mainland connectivity, broadening market access, promoting financial innovation, and enhancing talent development.

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16 SeptWed
  1. Hong Kong Inland Revenue Department: Latest News35

    Full Text of the 2026 Policy Address (Part 8)

    Chapter 7 of the 2026 Policy Address focuses on enhancing social well-being, covering directions such as quality education development, talent cultivation, youth, women, and family development. In the education sector, an AI digital education learning resource platform will be launched, the articulation of primary and secondary school curricula will be optimized, and the Education Ordinance will be revised to require teachers to hold practicing certificates. The Excellence Enhancement Programme for public schools will be launched in the 2026/27 academic year. At the same time, the additional training allowance of HK$1,000 per month for registered apprentices will be extended for two years, and Upskill Hong Kong is expected to release the first phase of the skills training framework in the first quarter of 2027.

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  2. Hong Kong Inland Revenue Department: Latest News51

    Hong Kong's 2026 Policy Address Introduces Two Personal Tax Relief Measures to Encourage Childbirth

    In the 2026 Policy Address delivered by the Chief Executive of the Hong Kong Special Administrative Region on September 16, 2026, two personal tax measures to encourage childbirth were proposed, both requiring legislative amendments to implement. The first measure raises the child allowance for the second and subsequent children born to taxpayers on or after September 16, 2026, as well as the additional child allowance for the first two years after a child's birth, from HK$140,000 to HK$160,000. This arrangement takes effect from the 2026/27 tax year, and claims can be made through established procedures until the child reaches the age of 25.

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  3. Hong Kong Inland Revenue Department: Latest News45

    The Chief Executive's 2026 Policy Address (Part 6)

    The Hong Kong SAR Government has announced Part 6 of the Chief Executive's 2026 Policy Address, focusing on the development of the Northern Metropolis. The Northern Metropolis will take university towns as its core, planning to develop three university towns in San Tin, Hung Shui Kiu, and Ta Kwu Ling, with a total planned area of over 1,000 hectares, creating a development pattern that integrates education, technology, industry, talent, and livability. The three university towns will respectively focus on medicine and life health technology, higher education for intelligent manufacturing applications, and art and blue-green integrated development, with supporting promotion of related industries and research carrier construction.

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  4. Hong Kong Inland Revenue Department: Latest News55

    Hong Kong's 2026 Policy Address proposes multiple measures to attract talent and optimize visas

    The Hong Kong SAR Government has released the 2026 Policy Address, proposing a number of policies to attract talent, optimize visas, and build an international education hub. The Address proposes considering adding categories related to artificial intelligence applications to the Talent List, which currently covers 60 types of professions with local shortages.

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  5. MPFA: Press Releases51

    MPFA Welcomes Hong Kong’s First Five-Year Plan and 2026 Policy Address, Will Advance MPF-Related Reforms

    The Mandatory Provident Fund Schemes Authority (MPFA) issued a press release on September 16, 2026, welcoming the Chief Executive’s announcement of Hong Kong’s first Five-Year Plan (2026-2030) and the 2026 Policy Address on the same day. It stated that it will fully support the implementation of measures to optimize the MPF system and enhance retirement protection.

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17 JulFri
  1. HKEX: Market Communication44

    HKEX will support the payment of stamp duty and transaction-related fees in RMB

    The Hong Kong SAR Government has gazetted the Stamp Duty (Amendment) (No. 2) Ordinance 2026, which clarifies that stamp duty for RMB counter transactions in dual-counter stocks will be calculated and paid in RMB. HKEX will simultaneously support the settlement of transaction-related fees such as the SFC transaction levy, the Financial Reporting Council transaction levy, the investor compensation levy, and SEHK trading fees in RMB. The implementation of the new arrangement requires the SAR Government to issue an effective announcement, obtain regulatory approval, and complete market preparations. Specific operational arrangements and target implementation timelines will be announced subsequently.

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25 FebWed
  1. Hong Kong Investment Funds Association: Updates and Fund Flows33

    The Hong Kong Investment Funds Association Welcomes the 2026/27 Budget

    The Hong Kong Investment Funds Association (HKIFA) has publicly welcomed the 2026/27 Budget, supporting the HKSAR Government's measures to consolidate Hong Kong's position as an international asset and wealth management center. The Association endorses the Budget's directions including advancing RMB internationalization, optimizing the fund tax regime, and including real estate investment trusts and RMB counters in Stock Connect, and will continue to collaborate with stakeholders to promote the industry's sustainable development.

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