2026-10-01
Behind the Sky-High Inheritance Tax Bill: Wealth Succession Relies on Advance Planning, Not Just Assets
Wealth accumulation relies on effort and opportunity; wealth succession relies on structure and wisdom.
2026-09-29
Asset Allocation Considerations in a Rate-Hike Cycle: From AI to US Treasuries
2026-09-28
The Tax Logic of Capital Gains in Hong Kong: From Transaction Substance to Applicable Boundaries
Hong Kong has long maintained its position as a leading international financial center, underpinned by a competitive capital-related tax system. Strictly speaking, Hong Kong does not have a standalone "capital gains tax." Instead, it implements tax arrangements for long-term investment activities by distinguishing between "gains from the disposal of capital assets" and "profits from a trade or business."
This article provides an objective overview of capital gains-related tax rules in Hong Kong from a third-party perspective, helping readers understand their operational logic and common cognitive misconceptions. This content is for informational and educational purposes only and does not constitute investment, legal, or tax advice.
2026-09-26
Hong Kong Family Offices: The Shifting Wealth Logic of the Next Generation
Over the past two years, the number of single-family offices in Hong Kong has surged by at least 25%, reaching 3,384. Recent research indicates that these offices are increasingly treating sustainable and impact investing as risk-mitigation tools, while simultaneously accelerating allocations into private markets, artificial intelligence, digital assets, and blockchain technology. This strategic pivot is driven less by conventional philanthropy and more by the next generation of heirs, who are fundamentally recalibrating the equation between growth, risk, and responsibility.
2026-09-15
Offshore Trust Taxation and Immigration Regulatory Upgrades Reshape the Cross-Border Wealth Landscape
In the second half of 2026, China introduced two significant new regulations concerning offshore trusts and immigration management. Collectively, these represent a major step by the state to improve the cross-border tax system, safeguard industrial security, and close loopholes facilitating wealth outflow. They also signal that China's cross-border wealth management, foreign-related corporate operations, and immigration administration are entering a new phase characterized by greater standardization, transparency, and fairness.
For ordinary individuals, normal immigration, ordinary overseas financial management, and compliant overseas consumption will remain largely unaffected. However, for those with offshore assets, foreign nationality, cross-border enterprises, or overseas trust structures, the operational space that previously relied on information asymmetry and structural arbitrage is narrowing significantly. Cross-border wealth and identity compliance are entering a more regulated era.
2026-09-10
Hong Kong Family Offices: Building a Foundational Framework for Wealth Succession in a Changing Era
Against the backdrop of a continuously reshaping global economic landscape, the family office has emerged as a critical vehicle for wealth management and intergenerational succession, attracting growing attention from high-net-worth families. Hong Kong, with its robust regulatory framework, efficient tax regime, unique market connectivity, deep pool of professional talent, and strategic location, has become a premier destination for family offices seeking to establish a presence in Asia.
2026-08-04
Economic Daily: The boom in AI investment magnifies financial risks
During this period, both research reports from international organizations and the ups and downs of financial markets have been warning of the risks that the investment boom in artificial intelligence (AI) may bring. The global market's focus on the narrative of AI growth is shifting towards concerns about the amplification of financial risks by AI investment fever.
2026-07-30
Hong Kong consolidates its advantages as an international financial center
The expansion and optimization of Bond Connect "South Link", the trial operation of the gold central clearing and settlement system, and the launch of five-year RMB treasury bond bond futures... Hong Kong has recently intensively launched a number of financial initiatives, covering fixed income and currency markets, gold markets, offshore RMB business and other fields.
2026-08-04
Regarding hot topics such as the internationalization of the RMB, the latest statement from the Chief Executive of the Hong Kong Monetary Authority, Mr. Yu Weiwen
On June 8th, Yu Weiwen, the Chief Executive of the Hong Kong Monetary Authority (HKMA), stated in an interview with mainland media that financial stability is the most important thing for Hong Kong.
2026-07-29
Hong Kong's Exchange Fund achieved an investment income of HK$134.7 billion in the first half of the year

