Core Viewpoint - Derin Holdings (1709.HK) expects a significant increase in net profit for the interim period ending September 30, projecting a profit between approximately HKD 180 million to HKD 220 million, representing a year-on-year growth of over 20 times compared to HKD 7.7 million in the same period last year [1] Financial Performance - The substantial increase in profit is primarily attributed to fair value gains on financial assets recognized at fair value through profit or loss during the period [1] - The fair value gains from investments in associated companies also contributed to the profit increase [1] - The family office business experienced a significant growth in contribution, further enhancing overall profitability [1]

Core Viewpoint - Derin Holdings (01709.HK) expects to record a net profit of approximately HKD 180 million to HKD 220 million for the six months ending September 30, 2025, a significant increase of over 2,000% compared to a net profit of approximately HKD 7.7 million in the previous period [1] Group 1 - The substantial increase in profit is attributed to several factors, including fair value gains on financial assets recognized in profit or loss during the period [1] - The fair value gains from investments in associates also contributed to the profit increase during the period [1] - There was a significant growth in contributions from the family office business during the period [1]

Group 1 - The seminar "Meeting with Hong Kong's Leading Venture Capital Institutions" attracted over 200 fintech entrepreneurs, venture capital leaders, and industry experts, injecting new vitality into Hong Kong's fintech ecosystem [1] - The event provided a valuable opportunity for startups and growth companies to connect with renowned venture capital leaders, who shared insights on market patterns and trends in Hong Kong, Southeast Asia, and the Middle East [1] - Hong Kong's unique advantages in fintech include a transparent regulatory system, a robust offshore capital market, and a reliable legal framework, making it an ideal launchpad for startups to expand regionally and globally [1] Group 2 - As of mid-2024, Hong Kong manages over $233.9 billion in private equity funds, making it the second-largest capital pool in the Asia-Pacific region, following mainland China [2] - Hong Kong continues to attract global capital as the largest hedge fund center in Asia and a cross-border wealth management hub [2] - The family office business in Hong Kong has flourished, with over 2,700 single-family offices operating and managing an increasing amount of assets [2] - The new capital investor entry program is expected to bring in over HKD 46.4 billion in investment, further solidifying Hong Kong's position as a premier international investment hub [2]

Group 1 - Hong Kong is currently the largest cross-border wealth management center in Asia and is expected to become the world's largest by 2028 [1] - The asset scale from family offices and private trust clients in Hong Kong's private banking and wealth management sector reached $185.2 billion (HKD 1,452 billion) by the end of 2023, presenting significant business opportunities [1] - The Hong Kong government is introducing various facilitation and incentive measures for family offices looking to establish or expand their operations in Hong Kong, including exemptions from licensing requirements and profit tax [1] Group 2 - The Hong Kong government is optimizing the tax regime related to funds and single family offices, including broadening the definition of "funds" under the tax exemption system and increasing the types of eligible transactions for tax relief [2] - Specific proposals for the optimized measures are expected to be formulated within the year, with plans to submit a draft to the Legislative Council in 2024, aiming for implementation by the 2025/2026 tax year [2] - The government encourages groups to leverage Hong Kong's stable and predictable business environment to establish family offices [2]