Events listed in [HKG] Hong Kong Government
United Nations Sanctions (South Sudan) Regulation 2019 (Amendment) Regulation 2023 ...
ID 25160
On September 29, 2023, the Hong Kong government published a press release to announce the gazettal of the United Nations Sanctions (South Sudan) Regulation 2019 (Amendment) Regulation 2023 which came into force on same day. The regulation amends the United Nations Sanctions (South Sudan) Regulation 2019“ to give effect to certain decisions relating to sanctions in the United Nations Security Council Resolutions 2664 and ...
Government launches retail green bond
ID 24835
The government of Hong Kong has published a press statement to announce the launch of a second „batch of retail green bond, under the Government Green Bond Programme, for subscription by Hong Kong residents“. The launch represents another key step in Hong Kong’s ambition to „enrich the green and sustainable finance ecosystem in Hong Kong, and showcase to potential issuers that Hong Kong can ...
HKSAR Government releases Green Bond Report 2023
ID 24792
The Hong Kong government has issued a press statement to inform of the publication of its Green Bond Report 2023. The report is primarily addressed at both retail and institutional investors in the government’s green bonds in an effort to provide information on the proceeds from green bonds issuances in the past year and to provide transparency on the allocation of funds towards green ...
Task Force on Enhancing Stock Market Liquidity established
ID 24749
The Hong Kong government has published a press statement to inform that it has officially established a Task Force on Enhancing Stock Market Liquidity under the chairmanship of Mr. Carlson Tong. The Task Force is comprised of members from the financial services sector, government officials, and key representatives from financial regulatory bodies and the Hong Kong Exchanges and Clearing Limited (a list is provided ...
LCQ22: Formulating environmental, social and governance standards
ID 24195
During a session of the Legislative Council on July 12, 2023, Mr. Christopher Hui, Secretary for Financial Services and the Treasury (FS), provided answers to a number of questions raised by Parliament members in connection with ESG (disclosure) standards in Hong Kong. These questions primarily related to the establishment, promotion, and education of or on Hong Kong ESG standards and specifically seek to inquire ...
LCQ19: Rate of stamp duty on stock transfers
ID 24040
During a recent session of the Legislative Council, Mr. Christopher Hui, Secretary for Financial Services and the Treasury, provided an answer to a number of questions that were raised in advance in connection with the stamp duty on stock transfers. Specifically, in view of the increase of the stamp duty rate from 0.1% to 0.13% in 2021, a significant decrease of over 25% in ...
Green Technology and Finance Development Committee established and convenes first ...
ID 23845
The Hong Kong government has published a press release to inform of the launch of the so-called Green Technology and Finance Development Committee which was established following a corresponding announcement by Financial Secretary Mr. Paul Chan in the 2023-24 Budget along with an action plan to promote Hong Kong as an international green technology and financial center. The new committee comprises leaders from various ...
Stock dual counter model set
ID 23668
In view of the upcoming launch of the Hong Kong Dollar (HKD)-Renminbi (RMB) Dual Counter Trading Model on June 19, 2023, the Hong Kong government has republished an article posted by Secretary for Financial Services & the Treasury Christopher Hui in this context. Therein, Mr. Hui emphasizes the significance of the new model which will allow investors to trade securities issued in both HKD ...
Network of Family Office Service Providers launched to promote Hong Kong as ...
ID 23667
On June 12, 2023, the new Network of Family Office Service Providers was officially launched by Invest Hong Kong and Financial Secretary Mr. Paul Chan. The new network is a platform to support the establishment and expansion of family offices in the Hong Kong market, thereby bringing together „relevant professional services providers, including private bankers, trustees, lawyers, accountants, wealth management professionals, etc, to create ...
IMF reaffirms Hong Kong’s role as major international financial centre
ID 23490
The Hong Kong government has published a press statement to announce that the International Monetary Fund (IMF) has concluded its Article IV discussions and assessment of Hong Kong’s financial and economic situation. In its corresponding report, the IMF provides the following brief summary of Hong Kong’s status quo: In 2022, Hong Kong experienced a significant economic decline due to COVID-19 outbreaks in the region ...