Xu Zhengyu: Plans to expand the scope of tax exemptions to include digital assets and other product categories, will submit the bill next year

The Secretary for Financial Services and the Treasury of Hong Kong, Christopher Hui, revealed in a recent interview that Hong Kong is continuously optimizing its tax exemption policies, planning to expand the current scope of tax exemptions from family offices and funds to emerging product categories such as private credit, carbon credits, and digital assets. A bill will be submitted to the Legislative Council next year.