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Transactions of virtual assets such as cryptocurrency have become a recent trend, attracting the attention of many financial and regulatory institutions. Lately, Asia’s first crypto asset ETFs were listed on the HKEX. Also, LegCo has passed an amendment relating to the laws of anti-money laundering and counter terrorist financing, establishing a licensing system for service providers of virtual asset exchange businesses that will come into effect in June this year. It is expected that virtual assets will become an important part of financial technology development in Hong Kong. To help people in the industry have a better grasp of the......
- February 2, 2023
- Posted by: reactdigi
- Category: News
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Is there a need to create regular income for yourself in retirement?
Mr. Xavier Chan, the Founder and Chairman of CWK Global, and Mr. Ray Lee, Vice-Chairman of Hong Kong Accounting Professionals Association, monthly share their views towards financial planning on “Privilege Vita”. Despite the fact that civil servants no longer enjoy retirement benefits like pensions, it is still regarded as a great job by graduates due to its comparatively higher stability and sense of security. Thus, the number of candidates keeps increasing every year, all hoping to secure the job which youngsters value as stability. On the contrary, many retirees tend to put their provident funds on high risk assets, or......- January 26, 2023
- Posted by: reactdigi
- Category: News
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Wealth Management for Females Becomes the Highlight of Retirement Planning
Mr. Xavier Chan, the Founder and Chairman of CWK Global, and Mr. Ray Lee, Vice-Chairman of Hong Kong Accounting Professionals Association, monthly share their views towards financial planning on “Privilege Vita”. The number of females in Hong Kong has been rising significantly. It is projected that the population of female elderly in Hong Kong will increase to about 1.6 million by 2069, which accounts for around 21% of the city’s entire population. As the life expectancy for both sexes has steadily increased, women live longer than men. Although longevity is commonly regarded as a blessing, it may also be a......- January 18, 2023
- Posted by: reactdigi
- Category: News
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CWK Alliance won the second runner-up in the HKICPA Football Competition
Winning the second runner-up in the competition is encouraging news for CWK Alliance, who joined the HKICPA CUP football competition for the first time. In the third place match against BDO, CWK Alliance took the lead in the second half, but BDO evened the score by the end of the match. Finally, CWK Alliance scored five goals in penalty kicks and won the second runner-up in the football match.......- January 11, 2023
- Posted by: reactdigi
- Category: News
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From Hong Kong to the World Chinese Name Change Announcement of CWK Global
CWK Global has expanded its business rapidly. Our service now includes Initial Public Offerings (IPO) consultancy, corporate finance consultancy, trust and fund consultancy, global tax planning, internal control review, listed corporate “Environmental, Social and Governance” (ESG) analysis, as well as general reporting, accounting, auditing, and company secretarial services. To cope with our business development, we have recently changed our company’s Chinese name, and a press conference and partner meeting was held in the Happy Valley clubhouse of the Hong Kong Jockey Club in 25 Shan Kwong Road on 28th December 2022. CWK Global will expand its business globally in Asia,......- January 3, 2023
- Posted by: reactdigi
- Category: News
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How much do you need to save for retirement?
Mr. Xavier Chan, the Founder and Chairman of CWK Global, and Mr. Ray Lee, Vice-Chairman of Hong Kong Accounting Professionals Association, monthly share their views towards financial planning on “Privilege Vita”. Retirement is inevitable in our lives. However, how much do I need to save for retirement? According to the statistics of the Food and Health Bureau, the total health expenditure rose at an average annual rate of 5.6%, and the report from an international insurance service consultation company said that the medical inflation is set to be 8%, which is much higher than the consumer price index of 3%.......- December 28, 2022
- Posted by: reactdigi
- Category: News
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CWK Alliance gets through to the semifinals in the HKICPA Football Competition
CWK Alliance joined the HKICPA CUP football competition organized by The Hong Kong Institute of Certified Public Accountants for the first time. Participating teams, including several international accounting firms. The quarter-final, CWK Alliance VS DFC, was held last Sunday. Although CWK Alliance took an early lead, it was eventually forced to a tie. After beating DFC in the penalty shootout, CWK Alliance successfully entered the semifinals and will compete against HLB, the first runner-up last year. The semifinals and final will be held on coming Sunday (18th Dec 2022). CWK Alliance is glad to secure a medal for the first......- December 14, 2022
- Posted by: reactdigi
- Category: News
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Event for Social Enterprise Summit 2022
As one of the supporting organizations, CWK Global was invited by the Social Enterprise Summit to attend the event “SE Lab@CWD – Smart City for ALL – Inclusive Challenges”. As one of the programs of Social Enterprise Summit 2022,the panel discussion included six smart areas, e.g “Smart Living”, “Smart Economy” and “Smart Environment”. Through sharing the innovative ideas and strategies, The CWK Global representatives provided solutions for not only creating an inclusive smart city, but also improving the public quality of life.......- December 7, 2022
- Posted by: Steve Mok
- Category: News
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CWK Global was awarded a Gold Award for the “Best Services and Planning for Initial Public Offering” in the “Hong Kong Outstanding Corporate Brand Award” hosted by the Director Networking Alliance and Yazhou Zhoukan. The “Hong Kong Outstanding Corporate Brand Award” is judged on five key criteria, including the company’s sustainability in terms of reproducible and sustainable development, clear positioning and direction, contributions on social and environment, contributions on further development of society, technology and people, and customer service attitude. We are very encouraged by this award and thank the jury for their trust and support. We promise to work......
- November 29, 2022
- Posted by: reactdigi
- Category: News
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Unlock new opportunities with Open-ended Fund Companies (OFC) and Limited Partnership Fund (LPF)
Ms. Evy Wong, Principal Partner of CWK Global – Tax & Advisory, was invited by the Association of Chinese Internal Auditors (ACIA) in October as one of the guest speakers of the webinar “Unlock new opportunities with Open-ended Fund Companies (OFC) and Limited Partnership Fund (LPF)”, which has around 1,000 participants joined the webinar. Together with Ms. Fiona Fong, the Financial Services Partner of Deacons, the 2 speakers shared the trends and unique advantages of OFC and LPF in Hong Kong, and the tax implications of funds. We are honored to be invited and glad to share the latest updates......- November 15, 2022
- Posted by: reactdigi
- Category: News