资产及财富管理方面，《财政预算案》提到，年内立法优化家族办公室和基金税制，便利房托基金私有化；明年修例为准 备上市的房托基金转让非住宅物业宽免印花税。 黄金交易方面，研究为在香港进行黄金交易及结算的合资格机构提供税务优惠。 香港交易所主席唐家成表示："香港交易所欢迎财政司司长于2026至2027年度政府财政预算案中提出的多项措施，当中涵 盖了一级市场和二级市场以及多个资产领域的市场改革，将进一步巩固香港作为全球领先国际金融中心的地位，也突显了特区 政府对提升香港金融市场长期竞争力、韧性和全球影响力的决心。" 香港交易所集团行政总裁陈翊庭表示："作为亚洲金融市场的核心基础设施，香港交易所致力于通过深化市场互联互通、 构建多元资产生态圈、提升市场韧性和效率等战略，巩固香港作为国际金融中心的重要地位。香港交易所欢迎财政司司长在财 政预算案中提出的各项举措，期待与香港证监会及市场各方紧密合作，持续推动产品创新，引领市场探讨改革，进一步提升香 港资本市场的吸引力，为发行人、投资者、香港社会及全球金融市场创造更大机遇。" 本报讯 （记者毛艺融）2月25日，香港特区政府财政司司长陈茂波发表2026至2027年度《财政预算案 ...

Group 1 - 53% of respondents hold an optimistic view on the Hong Kong stock market for this year [1] - 42% believe that Hong Kong will be the most attractive market for investment in 2026 [1] - 60% expect the average daily trading volume of Hong Kong stocks to reach between 200.1 billion to 250 billion HKD this year [1] - 38% identify the financial services sector as the leading sector expected to outperform the market this year [1] - 49% anticipate the Hang Seng Index will rise by 5-20% this year [1] Group 2 - 47% of respondents cite competition and revenue decline as the biggest challenges faced in the past year [2] - 28% mention regulatory compliance pressure as a significant issue, followed by cybersecurity and data privacy concerns at 14% [2] - 56% view geopolitical factors as the largest uncertainty facing the Hong Kong financial market in 2026 [2] - 48% believe that securities market reform is the most effective way to enhance Hong Kong's financial competitiveness [2] - 12% and 11% respectively see AI financial applications and asset and wealth management as important areas for improvement [2] Group 3 - 41% of respondents reported that their companies broke even in the past year [1] - 55% indicated that brokerage business was the main source of revenue over the past year [1] - 60% stated that information technology is the largest cost increase [1] - 70% believe that companies will hire more staff, particularly in information technology roles [1]

Core Points - The SEC has announced a significant policy change allowing public companies to prohibit shareholders from initiating class action lawsuits, opting for arbitration instead [1] - SEC Chairman Paul Atkins emphasized the intention to reduce compliance burdens for companies and support new listings and small businesses [1] - This move is seen as a shift towards a pro-business stance, reversing the stricter enforcement agenda of the previous administration [1] Group 1: Policy Changes - The SEC will no longer block IPOs based on companies' prohibitions on shareholder class action lawsuits [1] - The new policy aims to facilitate easier access to additional funding for companies post-IPO [1] - The SEC's approach is perceived as a response to the competitive landscape among states for corporate registrations, particularly with Delaware facing competition from Texas and Nevada [1] Group 2: Reactions and Concerns - Democratic lawmakers and investor rights organizations have expressed concerns that limiting shareholder litigation rights could pose risks to investors and the market [1][2] - Critics argue that this change may reduce market transparency and tilt the power balance in favor of corporations, potentially undermining investor confidence [1] - Statistics indicate that class action settlements have historically provided greater compensation to shareholders compared to SEC enforcement actions, raising concerns about the implications of forced arbitration [2]