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 reinsurers
- 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
