In response to a question from a member of Parliament, the Secretary for Financial Services and the Treasury, Mr Hui Ching-yu, said that since the launch of the New Capital Investor Entry Scheme, Invest Hong Kong will also consider accepting applicants’ holdings from wholly-owned private companies based on the actual circumstances of the case. net worth as proof of assets. If the applicant holds assets through other non-wholly owned entities, its absolute beneficial ownership share cannot be clearly determined. Therefore, during the net assets review stage, the "New Plan" currently does not consider non-wholly owned companies or other methods. The assets held serve as proof of assets.
Regarding measures related to virtual assets, Xu Zhengyu pointed out that according to regulations, licensed corporations must notify the Hong Kong Securities and Futures Commission in advance if they intend to engage in any activities involving virtual assets, while registered institutions must notify the Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority. Generally speaking, after a licensed or registered intermediary notifies the relevant regulatory authorities of the regulated activities, it can distribute virtual asset-related products without applying to modify the licensing conditions.