FSDC Welcomes Hong Kong Budget ‘Finance+’ Agenda and Family Office Push

The Financial Services Development Council welcomed the Hong Kong budget Finance+ agenda, saying measures in the 2026-27 Budget will deepen market liquidity and strengthen the city’s role as a global financial centre and international gateway for cross-border capital.

Chairman Benjamin Hung said the multipronged approach supports building a fuller debt market and a more efficient yield curve, while executive director Rocky Tung praised plans to modernise capital markets, including a review of weighted voting rights and steps to facilitate secondary listings.

The council also backed tax tweaks for asset and wealth management, including accommodating funds-of-one, and said it would continue supporting the family office ecosystem under the Hong Kong budget Finance+ agenda.