Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Xu Zhengyu: The New Capital Investor Entry Scheme currently does not consider assets held in non-wholly owned companies or other forms as proof of as

Xu Zhengyu: The New Capital Investor Entry Scheme currently does not consider assets held in non-wholly owned companies or other forms as proof of as

CointimeCointime2024/07/04 01:31
By:Cointime

Hong Kong Financial Secretary and Treasury Bureau Director, Paul Chan Mo-po, replied to a question from a legislator stating that since the launch of the new capital investment scheme, the Hong Kong Investment Promotion Agency will consider accepting applicants' net assets held by their wholly-owned private companies as proof of assets on a case-by-case basis. However, if the applicant holds assets through other non-wholly-owned entities and their absolute ownership rights cannot be clearly defined, assets held by non-wholly-owned companies or other means will not be considered as proof of assets during the net asset review stage of the "new plan". As for measures related to virtual assets, Paul Chan Mo-po pointed out that according to regulations, licensed corporations intending to engage in any activities involving virtual assets must notify the Hong Kong Securities and Futures Commission in advance, while registration institutions must notify both the Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority. Generally, intermediaries who have been licensed or registered can distribute virtual asset-related products after notifying relevant regulatory agencies of their regulated activities without the need to apply for modifications to their licenses.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!