Hong Kong CIES Reaches 3,300 Applications, HK$99 Billion in Pipeline
Hong Kong’s New Capital Investment Entrant Scheme (New CIES) has received more than 3,300 applications representing approximately HK$99 billion (US$12.6 billion) in anticipated investment, Secretary for Financial Services and the Treasury Christopher Hui disclosed on April 13. He made the remarks at the Hong Kong Investment Funds Association (HKIFA) 40th anniversary cocktail reception. The figures…