Competitive International Financial Platform

With its strengths in banking, capital market and asset management, Hong Kong provides an all-encompassing and high-quality financial platform for investors, financiers, asset managers, funds and financial institutions alike from all over the world. Hong Kong is also a preferred location for corporate treasury centres.

To further enhance Hong Kong’s competitiveness as an international financial centre, the HKMA has established a Market Outreach division to actively engage with market stakeholders and to help them take advantage of the growth opportunities in Chinese Mainland financial markets, green and sustainable finance, and fintech through Hong Kong's world-class financial platform.

Banking System

Banks are among the most important channels for fund-raising in Asia. The quality of Hong Kong’s banking system enables it to play a key role in the region and offer a wide variety of products and services. Hong Kong is Asia’s largest banking hub for Chinese and international banks. In light of the rapid technological advancements, a number of initiatives have been launched to move Hong Kong into a new era of Smart Banking. Please click here for details of the Smart Banking initiatives.

Capital Market

Hong Kong's highly liberal, liquid and deep securities market has attracted many international banks and securities houses to build their presence here, providing another critical channel for companies to raise funds in the form of equity and debt. Hong Kong is among the world’s largest equity fundraising centres and the leading hub for arranging Asian international bond issuance. Bond arrangement and execution activities encapsulate the entire process of structuring, book building and allocation, which capture up to 80% of the value-adding of a bond issuance. In 2024, Hong Kong is, for the ninth time over the past decade (since 2015), the largest centre for arranging Asian international bond issuance. In addition, for the seventh consecutive year since 2018, Hong Kong continued to be the top arranging hub for international green and sustainable issuance from the region.

The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) jointly launched the Roadmap for the Development of Fixed Income and Currency Markets (the Roadmap) on 25^th September 2025. The Roadmap lays out a vision to position Hong Kong as a global fixed income and currency hub by fostering a diverse and sustainable marketplace, advancing infrastructure and product offerings, and capitalising on the unique opportunities presented by RMB internationalisation. The Roadmap comprises 10 initiatives centring around four key pillars: primary market issuance, secondary market liquidity, offshore RMB business, and next-generation infrastructure. By implementing these measures, the SFC and the HKMA aim to maintain Hong Kong’s competitiveness, resilience and leadership in the evolving global financial landscape.

Roadmap for the Development of Fixed Income and Currency Markets

Asset Management

Hong Kong is a major regional fund management centre with a large concentration of international fund managers, advisory businesses and private banks. In addition to being Asia’s premier international asset management hub, Hong Kong is also the largest cross-border private wealth management and hedge fund centre in Asia, and the second largest private equity centre after Chinese Mainland.

Hk's asset under management and Number of licensed asset maanger in HK

Private Equity capital under management in 2023

Corporate Treasury Centres

It is common for corporates to use corporate treasury centres (CTCs) to simplify and centralise their treasury activities. Being an international financial centre with a full range of services available, Hong Kong has been an ideal hub for corporate treasury activities. The development of Hong Kong as a CTC hub will bring more banking, financing and risk management activities to Hong Kong, deepen our capital markets and provide impetus to the development of headquarters economy to Hong Kong. To encourage more corporates setting up their CTCs in Hong Kong, the Government has also introduced tax incentives.

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Professional Services Platform and Talent Development

Hong Kong provides a one-stop shop for essential professional and support services.

Related Information

The Inland Revenue (Amendment) (Preferential Tax Regimes for Funds, Family-owned Investment Holding Vehicles and Carried Interest) Bill 2026 (Amendment Bill) was published in the Gazette on 12 June 2026. Please refer to the Government Press Release for further details.

The Inland Revenue Department (IRD) also announced the transitional administrative measure on the same day. Taxpayers who are eligible for the tax exemption or concession proposed under the Amendment Bill may submit their tax returns for the year of assessment 2025/26 on that basis. The announcement is available at the IRD’s website.

The Amendment Bill proposes, among other amendments, to remove the Hong Kong Monetary Authority (HKMA)’s certification requirement for funds under Schedule 16D to the Inland Revenue Ordinance in relation to the tax concessions for carried interest to streamline the implementation process. Subject to the passage of the Amendment Bill, the relevant measures will take effect from the year of assessment 2025/26.

In light of the proposed legislative amendments and IRD’s announcement, the HKMA will, with immediate effect, suspend the acceptance of new applications for certification of funds until further notice.

The HKMA will continue to monitor the legislative process and will provide further updates in due course. Please email hkma.certification.ci@hkma.gov.hk in case of enquiries.

26 June 2026