The Secretary for Financial Services and the Treasury, Xu Zhengyu, concluded his 4-day visit to Jakarta, Indonesia and met with Mahendra Siregar, Chairman of the Indonesian Financial Services Authority. The two sides had in-depth exchanges on the development of virtual assets and other new financial products. During this period, Xu Zhengyu also attended a lunch seminar organized by the Hong Kong Economic and Trade Office in Jakarta, the Hong Kong Indonesia Chamber of Commerce, and Bank of China Hong Kong (02388) to promote Hong Kong's wealth management advantages and clarify that it is an ideal destination for home and cross-border wealth management.

Xu Zhengyu introduces Hong Kong's "4T" advantages to high net worth and family business clients in Indonesia, including close connections with mainland China and global capital markets (Ties); Simple and low tax policies and environment (Tax); High emphasis on talents; And Tailored exclusive events and support services specifically designed for families, such as the "Yuzhe River" Summit Forum to be held in March next year.

The FamilyOfficeHK dedicated team of Invest Hong Kong will continue to provide one-stop services, while 'Hong Kong Home Office Hub' will empower the industry in various aspects such as ecosystem building, knowledge sharing, technology support, and charitable initiatives, helping family offices thrive and develop in Hong Kong.

For more details, please refer to the Hong Kong Government News website

https://www.info.gov.hk/gia/general/202412/13/P2024121300186.htm