Hong Kong plans to expand the investment scope of funds and family investment control tools to cover digital assets, etc

The Secretary for Financial Services and the Treasury of Hong Kong, Xu Zhengyu, announced at the Legislative Council Financial Affairs Committee meeting that a series of optimization measures have been formulated with the Hong Kong Monetary Authority, the Securities and Futures Commission of Hong Kong, and the Inland Revenue Department, including expanding the eligible investment types of funds and family investment control instruments. The newly added scope covers digital assets, real estate, insurance linked securities, equity interests in unincorporated entities, loans (including private equity investments), precious metals, and specific commodities outside of Hong Kong. These measures complement the government's policies in areas such as carbon trading, digital assets, and trading of precious metals and commodities.