On September 16, the Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, announced the “First Five-Year Plan for the Economic and Social Development of the Hong Kong Special Administrative Region” and the “Chief Executive's 2026 Policy Address”. The “Plan” mentions promoting Hong Kong's position as the world's leading cross-border wealth management center, providing high-quality services for the development of global sovereign funds and family offices in Hong Kong, and strengthening Hong Kong's ability to manage mainland and global asset allocation and wealth management. Improve regulatory and market infrastructure, expand the professional service ecosystem, actively promote family office business development, optimize funds, single family offices and ancillary equity tax systems, and drive more international and mainland family capital and long-term capital to settle in Hong Kong and expand business. Expand multiple asset management categories and product choices, and promote the development of the fund market, such as diversified asset management tools such as alternative asset funds and real estate investment trusts, so as to comprehensively enhance the depth and breadth of asset and wealth management.

On September 16, the Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, announced the “First Five-Year Plan for the Economic and Social Development of the Hong Kong Special Administrative Region” and the “Chief Executive's 2026 Policy Address”. The “Plan” mentions promoting Hong Kong's position as the world's leading cross-border wealth management center, providing high-quality services for the development of global sovereign funds and family offices in Hong Kong, and strengthening Hong Kong's ability to manage mainland and global asset allocation and wealth management. Improve regulatory and market infrastructure, expand the professional service ecosystem, actively promote family office business development, optimize funds, single family offices and ancillary equity tax systems, and drive more international and mainland family capital and long-term capital to settle in Hong Kong and expand business. Expand multiple asset management categories and product choices, and promote the development of the fund market, such as diversified asset management tools such as alternative asset funds and real estate investment trusts, so as to comprehensively enhance the depth and breadth of asset and wealth management.