News list for " Affairs and the Treasury"

Xu Zhengyu: Hong Kong will gradually establish a virtual asset ecosystem

Xu Zhengyu, Secretary for Financial Services and the Treasury of Hong Kong, said in a radio interview that Hong Kong, as an asset management center or hub, will consult the market on the virtual asset custodian system this year and will gradually establish the entire virtual asset ecosystem, so that the market can not only develop sustainably, but also further integrate the new financial sector with the real economy.

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2025-02-04 11:18:55
Xu Zhengyu: Hong Kong has so far successfully issued government green bonds worth 220 billion yuan, including tokenization and other forms

Hong Kong Secretary for Financial Services and the Treasury Hui Cheng-yu said during a visit to Zurich, Switzerland, that Hong Kong will consult the industry to increase the types of eligible transactions for which funds and single-family offices can enjoy tax concessions to cover emissions derivatives/emission limits, insurance-linked securities, loans and private credit investments, virtual assets, etc. He also said that green bonds issued by the Hong Kong government have so far successfully i...

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2024-11-06 01:14:45
Hong Kong Finance and Treasury Bureau: Proposal to expand eligible asset classes to add virtual assets, etc

Hong Kong's Secretary for Financial Services and the Treasury, Hui Cheng-yu, said in the blog "Treasury Theory" that in terms of expanding the eligible asset classes, it is recommended to broaden the eligible asset classes, in line with the overall financial development strategy of the Finance and Treasury Bureau, to add carbon emission derivatives/emission allowances, insurance-linked securities, loans and private debt investments, and virtual assets, etc., so that transactions of such assets c...

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2024-10-21 09:12:29
Hong Kong Treasury Secretary Hui Zhengyu: Plans to release a policy statement on the responsible use of AI in financial services at this year's Fintech Week

Hong Kong's Secretary for Financial Services and the Treasury, Hui Cheng-yu, said that during the Hong Kong Fintech Week, which will be held from October 28 to November 1, a policy statement on the responsible use of AI in financial services will be released, detailing Hong Kong's policy direction on this topic of global importance and interest.

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2024-10-09 03:28:50
Xu Zhengyu: Hong Kong is now actively building an international science and technology innovation center, and investors are very interested in blockchain and other aspects

Xu Zhengyu, Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region Government, said in the latest interview that with the three major trends of asset allocation diversification, economic digitalization and green transformation in international capital markets, Hong Kong, as an international financial center, must continue to reform and innovate in order to seize new opportunities. European policies on Hong Kong, especially some recent policies on innovat...

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2024-07-03 02:54:58