Xu Zhengyu: Expand the eligible investment categories for funds and family control instruments to cover digital assets outside Hong Kong, etc.

PANews reported on March 2nd that, according to a Hong Kong government press release, the Secretary for Financial Services and the Treasury announced at a Legislative Council Finance Committee meeting that a series of optimization measures have been drafted in conjunction with the Hong Kong Monetary Authority, the Securities and Futures Commission, and the Inland Revenue Department. These measures include expanding the eligible investment categories for funds and family control instruments to cover digital assets located outside Hong Kong, real estate, insurance-linked securities, equity interests in non-corporated entities, loans (including private debt investments), precious metals, and certain commodities. These measures complement government policies in related areas such as promoting carbon trading, digital assets, and precious metals and commodity trading.