Linked development puts spotlight on HK private equity
The Chinese mainland and Hong Kong are brushing up the linked development of the private equity sector, cementing the Guangdong-Hong Kong-Macao Greater Bay Area as a global technology and innovation hub, and making the SAR a world wealth management center. For private equity industry practitioners and business advisers, the 18 measures, plus Hong Kong's proximity to the world's second-largest economy, will stimulate more overseas private equity funds to be registered in the city. "The government should offer operation flexibility regarding tax concessions for carried interest distributed by private equity funds operating in Hong Kong," says Jiang. "Also, by simplifying the licensing regime targeted at private equity fund managers in Hong Kong, and relaxing the definition of professional investors, the government can propel the development of the asset management business." The mainland's QFLP pilot scheme enables institutional investors from the Hong Kong and Macao SARs to invest in mainland private equity funds and venture capital enterprises in the Greater Bay Area.
Discover Related
Standard Chartered raises €1 billion via first social bond
Philippines Has Priciest Property Stock on Business Hub Plan
Nissay Asset Ramps Up Hiring as Alternative Investment Booms
Hong Kong eyes crypto derivatives, margin lending in digital asset push
Support for private sector to fuel growth
The new survival guide for private equity: Go big or get back to basics
Hong Kong unveils innovation fund to boost strategic industries
FII game plan: Sell stocks for profit, bet on IPOs, discounted QIPs, block deals
To hold on to three trophy assets, Multiples plans a $300-400 mn fund
‘India to see more investments in 2025 as PEs look to deploy dry powder’
AI has venture investors excited about (yes) accounting firms
Hong Kong Counts on China-Traded Firms to Boost 2025 Listings
Aditya Birla Sun Life Launched a Conglomerate Fund NFO
SOE venture capital helps fund innovative development
China regulators tell banks to expedite offshore company listings, sources say
Reform imperative to engage private firms in national projects
VC returns have lagged behind stocks. Are secondary markets the solution?
PMJ Capital launches a new property debt fund for UK investors
Continued mkt opening-up assured
Stock Connect mechanism benefits both mainland and HK markets
UK plans to create pension megafunds with aim of unlocking $100 billion for investment
VC firms, tech startups face growing pressure for liquidity. Enter private equity
Hong Kong attracts 17 more enterprises in strategic emerging industries
Kotak PE to tap domestic investors for new lifesciences fund
Overwhelming majority of business entities in China from private sector
HK Fintech Hub to Boost Cooperation with the Middle East
HK Fintech Hub to Boost Cooperation with the Middle East