The Hong Kong Special Administrative Region (HKSAR) government has announced the details of the new capital investment entrant scheme (CIES), with a view to further enriching the talent pool and attracting more new capital.
The new CIES is one of the eight policy measures to promote the growth of family offices, with the aim of attracting asset owners to set up in Hong Kong and tap into the diverse investment opportunities in Hong Kong by deploying and managing their wealth, Christopher Hui, secretary for financial services and the treasury of the HKSAR government, told a press briefing Tuesday.—Xinhua
