--- title: "The \"Budget\" will expand the Hong Kong Stock Exchange's comprehensive fund platform this year to cover fund sales payment and settlement" description: "The Financial Secretary Paul Chan announced in the new budget that the Hong Kong Stock Exchange's integrated fund platform will expand this year to cover payment and settlement processes for fund sale" type: "news" locale: "en" url: "https://longbridge.com/en/news/276828861.md" published_at: "2026-02-25T03:56:10.000Z" --- # The "Budget" will expand the Hong Kong Stock Exchange's comprehensive fund platform this year to cover fund sales payment and settlement > The Financial Secretary Paul Chan announced in the new budget that the Hong Kong Stock Exchange's integrated fund platform will expand this year to cover payment and settlement processes for fund sales, aiming to enhance market efficiency and reduce transaction costs. In addition, Hong Kong will optimize its tax system to attract more family offices and funds, with plans to take effect from the 2025/26 tax year. The Hong Kong government will also promote innovation in the bond market, regularly issuing tokenized bonds and launching an electronic trading platform for bonds to solidify Hong Kong's position as a global center for fixed income and currency The Financial Secretary, Paul Chan, announced a new fiscal budget, stating that the Hong Kong Stock Exchange (00388.HK) will expand the functions of its comprehensive fund platform this year to include payment and settlement processes for fund sales, aiming to enhance market efficiency and reduce transaction costs. He also mentioned that the number of single family offices established in Hong Kong has exceeded 3,300. To further attract family offices and funds to settle in Hong Kong, the authorities will optimize the tax system, including broadening the definition of "fund" to cover specific single investor funds, listing digital assets, precious metals, and certain commodities as eligible investments for tax relief. A draft amendment to the regulations will be submitted in the first half of this year, with plans to take effect in the 2025/26 tax year. To promote innovation in the bond market, the Hong Kong government will continue to regularly issue tokenized bonds, and the Monetary Authority will encourage more digital bonds to be issued in Hong Kong through the "Digital Bond Subsidy Scheme." The Securities and Futures Commission and the Monetary Authority are actively implementing the "Fixed Income and Currency Market Development Roadmap" announced last year, which includes promoting primary market issuance, enhancing secondary market liquidity, and expanding offshore RMB business. An electronic bond trading platform will be launched in the second half of the year. Paul Chan expects this to further consolidate Hong Kong's position as a global fixed income and currency center ### Related Stocks - [00HSI.HK - Hang Seng Index](https://longbridge.com/en/quote/00HSI.HK.md) - [07288.HK - FL2 CSOP HSCEI](https://longbridge.com/en/quote/07288.HK.md) - [00388.HK - HKEX](https://longbridge.com/en/quote/00388.HK.md) - [07500.HK - FI2 CSOP HSI](https://longbridge.com/en/quote/07500.HK.md) - [07200.HK - FL2 CSOP HSI](https://longbridge.com/en/quote/07200.HK.md) - [03419.HK - A GX HSICC](https://longbridge.com/en/quote/03419.HK.md) - [HKXCY.US - Hong Kong Exchanges and Clearing (HKEX)](https://longbridge.com/en/quote/HKXCY.US.md) - [07300.HK - FI CSOP HSI](https://longbridge.com/en/quote/07300.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 香港年度财政预算案：2025 年经济增长 3.5%、楼市回暖、股市日均成交额增加九成！预计 2026 年经济增长 2.5% 至 3.5% | 香港特区政府财政司司长陈茂波于 25 日发布 2026/2027 财政预算案，预计 2025 年经济增长 3.5%，楼市回暖，股市日均成交额增加九成，创历史新高。2026 年经济增长预计为 2.5% 至 3.5%。通胀保持轻微，基本通胀率为 | [Link](https://longbridge.com/en/news/276851050.md) | | 太空集团终止重组计划，香港交易所取消其上市申请 | 太空集团终止重组，香港交易所取消上市 | [Link](https://longbridge.com/en/news/276832839.md) | | 香港证监会采取措施冻结 3 名已离港的内幕交易者的资产 | 香港证券及期货事务监察委员会（SFC）已在香港和英国获得法院命令，冻结三名涉嫌内幕交易者的资产，金额为 430 万港元，这三人已离开香港。这些个人中包括一名前香港交易所员工，涉嫌利用非公开信息交易至少七家公司的股票。SFC 旨在确保投资者获 | [Link](https://longbridge.com/en/news/276832168.md) | | 香港政府称第四季度 GDP 同比增长 3.8% | 香港政府表示第四季度 GDP 同比增长 3.8% | [Link](https://longbridge.com/en/news/276826499.md) | | 香港因销售回升而提高豪宅的印花税 | 香港财政司司长陈茂波宣布，将对超过 1 亿港元的豪宅交易提高印花税，从 4.25% 上调至 6.5%。这一变化预计每年将产生 10 亿港元的收入，影响约 0.3% 的住宅交易，并需获得立法会的批准。豪宅市场活动激增，2025 年底超过 10 | [Link](https://longbridge.com/en/news/276841752.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.