Tax exemption attracts investors: This move helps improve Hong Kong’s appeal as an investment destination for asset funds. Investors have the opportunity to optimize profits without bearing taxes.
Policy to be implemented soon: The new policy is expected to be executed by the end of this year, aimed at expanding tax advantages for the crypto sector and private investment funds.
Challenges in enforcement: Although the policy has great potential, it is still unclear when it will take effect if the proposal is approved. The Hong Kong central bank has not provided an official response.