According to Odaily Planet Daily, Invest Hong Kong said that the new capital investment entry scheme has received a warm response since its launch on March 1. As of the 13th of this month, it has received more than 500 applications and more than 5,000 inquiries, and it is expected to bring more than HK$15 billion in investment to Hong Kong.
Among them, 448 applications have been verified to meet the net asset requirements, that is, the applicants have proved that they have a net asset of not less than HK$30 million in the two years before submitting the application; 47 applications have been verified to meet the investment requirements, that is, the applicants have completed an investment of HK$30 million in Hong Kong within the six-month deadline.
Director-General of Investment Promotion Lau Kai Suen said that the increase in applications for the New Scheme reflects the confidence of high net worth individuals in Hong Kong, which has attracted experienced businessmen and innovative entrepreneurs, enhancing the development advantages of Hong Kong's asset and wealth management industry.