Story perspectives
Hong Kong pushes carried-interest tax break bill this year
8/29/2026
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Story summary
- Hong Kong CEO and chairwoman of North Asia Kwang Kam-shing says Hong Kong will remain a competitive financial hub despite Beijing’s curbs.
- Beijing tightened investment controls in May and Shanghai tax bureaus imposed a 20% levy on gains.
- Hong Kong submitted a bill to tax-break carried interest, with a vote expected this year.
- Hong Kong lost its IPO crown to Nasdaq in half of 2026, prompting Kwang to urge further listing reforms.
