The Hong Kong Investment Funds Association (HKIFA) welcomes Hong Kong’s First Five-Year Plan for Economic and Social Development (2026–2030) and the measures set out in the 2026 Policy Address. Together, they provide a clear framework and concrete initiatives to reinforce Hong Kong’s role as an international financial centre, global offshore RMB business hub, and a premier asset and wealth management centre.
Having participated in consultations on the Five-Year Plan, HKIFA is encouraged to see that it reflects industry’s key priorities, including enhanced connectivity with the Mainland, broader market access and product choices, continued financial innovation and stronger talent development.
HKIFA welcomes measures to enhance the tax regimes for funds, single-family offices and carried interest, as well as initiatives to broaden asset classes and investment products to attract long-term capital. HKIFA also supports the continued development and enhancement of Bond Connect, Stock Connect, ETF Connect and Wealth Management Connect, including broader product coverage and participation. These measures can facilitate cross-boundary investment, deepen Hong Kong’s capital markets and support RMB internationalisation.
The proposed expansion of the financial-index ecosystem and increase in the aggregate investment limit for eligible index-tracking ETFs held by MPF funds should enhance investment choice and enable greater use of quality Hong Kong ETFs. HKIFA welcomes clear, proportionate and technology-neutral frameworks for virtual assets, tokenised investment products and regulated stablecoins.
Supported by appropriate safeguards and investor education, these frameworks can foster innovation and strengthen confidence in Hong Kong as an international digital-asset hub.HKIFA also welcomes initiatives to develop industry talent through practical training, cross-boundary exchange and investor-education programmes.
HKIFA looks forward to working closely with the Government, regulators, Mainland counterparts and industry stakeholders to support the implementation of these initiatives and further reinforce Hong Kong’s position as a leading international asset and wealth management centre and offshore RMB hub.