Key opportunities in Hong Kong

Private Banking / Wealth Management

• Ideal for serving Asia’s growing high net worth clients
• Cross-boundary Wealth Management Connect links Hong Kong and Guangdong-Hong Kong-Macao Greater Bay Area (GBA) for new business opportunities

Asset Management

The Shanghai-Hong Kong Stock Connect, Shenzhen-Hong Kong Stock Connect, Mainland-Hong Kong Bond Connect, and the Mutual Recognition of Funds Arrangements with Chinese Mainland, Switzerland, France, the United Kingdom, and Luxembourg collectively create a wealth of business opportunities.

Private Equity

• Profits tax exemption for both onshore and offshore private equity and venture capital funds
• Set to introduce new tax concessions for carried interest by private equity funds operating in Hong Kong and the limited partnership fund regime

Insurance

• New measures to facilitate expansion into the GBA with lower capital requirements on Mainland insurers when they cede their business to qualified Hong Kong reinsurer
• Operating experience is not required for Hong Kong service suppliers looking to provide insurance-loss adjusting services in Chinese Mainland

Banking

• Growing demand for Renminbi (RMB) investment products and trading services

Capital Markets

• Wealth of opportunities from initial public offerings, bond issuance, and loan syndication and much more 
• Belt & Road Initiative opened the door to infrastructure projects fuelling demand for financial services

Corporate Treasury and Asset Financing

• Tax benefits are available for companies setting up corporate treasury centres in Hong Kong
• Rising opportunities in asset financing