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Policy Address 2020 | Lam Cheng: Promoting research on the development of housing trust funds, relaxing investment restrictions appropriately

2020-11-25T21:30:18.044Z


Chief Executive Carrie Lam Cheng Yuet-ngor announced today (25th) the fourth policy address during his tenure, announcing that it will promote the Hong Kong Real Estate Investment Trust (Restorship Fund) to develop Hong Kong into a thriving real estate fund market in Asia.


Financial News

Written by: Xu Shihao

2020-11-25 11:51

Last update date: 2020-11-25 11:51

Chief Executive Carrie Lam Cheng Yuet-ngor announced today (25th) the fourth policy address during his tenure, announcing that it will promote the Hong Kong Real Estate Investment Trust (Real Estate Fund) to develop Hong Kong into a thriving real estate fund market in Asia and strengthen Hong Kong as a primary asset and The fund-raising function of the wealth management center also brings more diversified and stable return investment opportunities for local investors.

She said that the government is studying multi-pronged measures, including moderately relaxing the investment restrictions of the real estate fund, broadening the investor base, improving the legislative and regulatory framework to facilitate industry operations, and strengthening market promotion and investor education.

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Source: hk1

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