Dear Members and Friends

Since the full resumption of normal travel with Mainland China and the rest of the world, Hong Kong has revived as a dynamic city where East meets West. New initiatives have been launched to reflect China’s commitment to opening up to the world through Hong Kong.

As the Greater Bay Area has been destined to become a model of China’s modernisation drive, so has Hong Kong’s pivotal role in this development been stressed. Hong Kong shall develop global innovation centres of science and technology, connecting China’s domestic and international circulations and as an offshore renminbi market, offering ample business opportunities.

New policies that were issued by the Hong Kong SAR government aim at developing Hong Kong into a hub for family office business. A new capital investment entrance scheme, offering tax concessions for family office investments and providing art storage facilities at Hong Kong International Airport are destined to develop Hong Kong into a philanthropic centre. In line with this new initiative the Hong Kong SAR government intends to develop Hong Kong as a centre for international cultural exchange. Linking the old and the new, the M+ Museum showcases world contemporary art, while the Hong Kong Palace Museum hosts many of China’s canonical art treasures. Art Basel successfully returned to Hong Kong last month, showcasing 177 leading international galleries coming from 32 countries and territories across Asia, Europe, North and South America and Africa. The event truly reflected Hong Kong’s position as a hub for exchanges between China and the world on a cultural and economic level.

Over the coming days, while the East will celebrate the Qing Ming Festival, in Europe and other western countries the Easter holidays will mark the start of the spring.

Wishing you all happy holidays!

Sincerely,