The Hong Kong Investment Corporation is set to make its first batch of direct and co-investments in the first half of this year, the city’s financial chief announced in the latest budget.
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Tag : hong kong budget
The Hong Kong government in its latest annual budget is pulling out all the stops to boost the city’s attractiveness to family offices and new businesses.
Temasek leads $200 million round for Amber Group; Hong Kong forecasts 2-3.5% GDP growth for fiscal 2022, with wealth connect enhancements and ETF-connect on the way; Australia's Future Fund implements sanctions on Russia as imposed by Australia, US and EU; and more.
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A stamp duty waiver first introduced in 2010 for some exchange-traded funds listed in Hong Kong is set to be extended to all such products. The move is expected to boost volume and liquidity.
