Tax concessions are expected, and the Hong Kong private equity market is expected to be further revitalized.

Recently, the Director of the Financial Services and Treasury Bureau of the Hong Kong SAR, Christopher Hui Ching-yu, spoke about optimizing the tax system for funds, family investment control tools and equity incentives. He mentioned that several departments in Hong Kong have consulted with industry experts to develop a series of optimization measures, including expanding the definition of "funds", expanding the eligible investment types for funds and family control tools, relaxing tax treatment for specific entities, and optimizing tax relief arrangements for equity incentives. The reporter from Securities Times observed that in the past two years, an increasing number of mainland VC/PE institutions have been establishing themselves in Hong Kong, making Hong Kong a hot spot for investment in hard technology and cross-border capital operations. If the above policy dividends are implemented, fund entities domiciled in Hong Kong will receive a certain degree of tax preferential treatment, and the private equity investment market in Hong Kong is expected to be further activated.