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Hong Kong Gives Super-Rich a Break, No More Crypto Tax
Hong Kong to offer crypto tax exemption for hedge funds and family offices
Hong Kong plans to waive tax on investment gains from cryptocurrencies and other alternative assets for hedge funds, private equity funds and certain family offices as the city strives to enhance its appeal as a wealth management hub.
Hong Kong Gives the Super-Rich a Break, No More Crypto Tax
Hong Kong’s new tax policy aims to exempt crypto gains tax for hedge funds, private equity funds, and other institutional investors. The proposal, if approved,
Hong Kong initiates crypto tax exemption plans for hedge funds, private equity funds, and billionaires
Hong Kong has initiated plans to exempt private equity funds, hedge funds, and billionaires from paying taxes on realized gains from crypto investments. The policy changes could see Hong Kong emerge as a competitive rival against Singapore and Switzerland in the race for the top offshore financial hub.
7m
BOC Life offers insurance plans for Hong Kong clients seeking to retire in mainland cities
Around 88,000 Hongkongers aged 65 or above were living in southern Guangdong province in 2022, 11 per cent more than in 2017.
1h
on MSN
3 Americans detained in China are released in prisoner swap, official says
The State Department announced the release of Mark Swidan, Kai Li and John Leung. A U.S. government official told NBC News ...
Hong Kong Free Press
14h
Hong Kong tycoon Jimmy Lai tells national security trial overthrowing China’s Communist Party was ‘crazy’ idea
Jailed Hong Kong media tycoon Jimmy Lai has told his national security trial it was "crazy" to think that China’s Communist Party could be overthrown.
1h
Hong Kong’s ‘Emperor’s Home’ penthouse sold at steep discount as distressed tycoons divest
We will continue seeing financially pressured owners offloading assets until interest rates come down substantially,’ analyst ...
2d
Hong Kong is becoming a hub for financial crime, US lawmakers say
Hong Kong has become a center for money laundering and sanctions evasion under the tightening grip of Beijing, US lawmakers ...
5h
Liquidators of China Evergrande file winding-up petition against co's unit
Liquidators of property developer China Evergrande on Thursday presented a winding-up petition against unit Tianji Holding, a ...
10h
on MSN
Trump is adopting a ‘European approach’ to tariffs: Toscafund Hong Kong
Mark Tinker of Toscafund Hong Kong discusses President-elect Trump's proposed tariffs on Mexico, Canada and China.
1d
Hong Kong Tower Seized From Tycoon Is Sold to a University
Hong Kong Metropolitan University has signed an agreement to buy a distressed commercial property in the city that China ...
1d
Meet One of Hong Kong’s Last Remaining Pro-Democracy Activists
For Chan Po-ying, a labor rights leader, life is one of constant police surveillance, even on hikes. But she finds solace ...
1d
on MSN
Trump’s victory could make life harder for Hong Kong—and that may be good news for Singapore’s banks
Banks like Singapore's OCBC are poised to gain from Chinese investment into Southeast Asia—now potentially supercharged by a ...
2d
on MSN
Hong Kong Is Becoming Hub for Financial Crime, U.S. Lawmakers Say
The U.S. should rethink its close ties with Hong Kong’s banking sector, leaders of an influential House committee say.
2h
Hong Kong’s John Lee urges international collaboration to combat rise in technology crimes
Criminals are increasingly turning to the use of cryptocurrencies, virtual assets and technology to commit crime, city leader ...
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