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CWK Global’s highlights for the 2022/23 Hong Kong Budget
The professional team from CWK Global has launched a summary of the Budget 2022/23. Under the pandemic situation, the Budget 2022/23 has announced different measures for citizens and enterprises to ease their economic pressure. This summary provides an outline of the measures of the Budget 2022/23, including the relief measures for enterprises and information on tax rates and tax reduction. Click below button to download the summary (only available in Chinese): DOWNLOAD NOW Learn more about the tax services provided by CWK Global here.......- March 22, 2022
- Posted by: reactdigi
- Category: News
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Mr. Xavier Chan, the Founder and Chairman of CWK Global, presents his opinions towards the 2022 Budget in the column of HK01. Under the 5th wave of COVID-19, the economy of Hong Kong is greatly affected, especially for middle and small businesses, and industries like retail and service. Meanwhile, the low employment rate and the rise of commodity prices has created severe pressures for citizens these days. With the recent 2022 Budget, the government has launched measures that help improve the daily lives for citizens, like increasing the consumption voucher to $10,000 and increasing the living allowance for elderly, which......
- March 18, 2022
- Posted by: reactdigi
- Category: News
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Hong Kong Institute of Certified Public Accountants (HKICPA) elects president and council earlier. There was severe competition in the election, in which 15 candidates were competing for 7 council positions. The accounting industry is concerned about the status of accountants. Mr. Xavier Chan, the founding president of Hong Kong Accounting Professionals Association, urges the new elected council to improve the long working hours situation for accountants, and hopes the council is able to discuss with different accounting firms to look for the best solution. Xavier also mentions it is necessary to set up a minimum charge for auditing services, as......
- March 16, 2022
- Posted by: reactdigi
- Category: News
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Mr. Xavier Chan, the Founder and Chairman of CWK Global, was recently invited to attend The CPCE Scholarship and Award Presentation Ceremony 2021, and to deliver a speech in the capacity of the scholarship sponsors and alumni. The ceremony was hosted by the College of Professional and Continuing Education (CPCE) in recognition of students and alumni’s outstanding academic and non-academic achievements. Xavier’s speech reveals that the ultimate aim of the establishment of the CWK Scholarship is to provide current students with support and encouragement for continuous learning. He encourages students to be fearless when they encounter difficulties, just be focused......
- March 10, 2022
- Posted by: reactdigi
- Category: News
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Mr. Xavier Chan, the Founder and Chairman of CWK Global, was invited as one of the panelists on “IFPHK Financial Planning Conference”. The title of the conference was “Rising to Meet New Challenges”. Mr. Xavier Chan discussed retirement planning trends with Ms. Linda Chan, Mr. Herbert Lee and Mr. Ray Lee on the panel, including topics related to long term caring, elderly centres and retirement tax planning.......
- March 4, 2022
- Posted by: reactdigi
- Category: News
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Downsides of investing in stocks for retirement
The return from investing in stocks is one of the highest among different investment vehicles. But at the same time the volatility of the stock market brings more fluctuation to your return. Wealth management is not an investing game, and you should find the right way to achieve your financial goals. Retirement plan and stock investment For retirement plans, investing in stocks could be a way to ensure a stable cash flow for retirement. Take the US stock market as example, from 1972 to 2020, investing for 12 months could get a highest return for 58.83%. However, the lowest could......- February 16, 2022
- Posted by: reactdigi
- Category: News
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CWK Global is honored with the “The Outstanding Corporate Social Responsibility Award”
CWK Global is honored by The Mirror Magazine for “The Outstanding Corporate Social Responsibility Award”! This award is to commend corporates’ commitment to social responsibility, and at the same time to emphasize the importance of sustainable development. It is our honor to be awarded together with Sa Sa International Holdings Limited, Emporer Group, Lee Kum Kee Company Limited, MGM China Holdings Limited etc. This is a very encouraging award for CWK Global. We will carry on committing corporate social responsibility and contributing more for sustainable development.......- February 10, 2022
- Posted by: reactdigi
- Category: News
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Improvements on finance technology pushes the digitalization in manufacturing
Mr. Xavier Chan, the Founder and Chairman of CWK Global and Mr. Chow, Consultant of CWK Global, shared their views towards the digitalization of China’s economic development. Finance is one of the best industries to develop blockchain technology. This development could push other traditional industries like manufacturing to be digitalized and grow their offline to online businesses. Learn more: http://www.cnfol.hk/news/dahangpinglun/20211104/29240316.shtml......- January 28, 2022
- Posted by: reactdigi
- Category: News
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Is Retirement Planning a New Concept?
Using money as a means of trading has a long history in the world. But saving money or investing for retirement is a new wealth management concept in recent decades. Before World War II, most Americans worked until the end of their lives. In 1940, the labour participation rate of those who were 65 years old or above was more than 50%, while the life expectancy back then was just around 70. Wealth management for retirement In fact, the “401(k) Retirement Plan”was launched until the 80s in America, and MPF (Mandatory Provident Fund Schemes) in Hong Kong was even launched......- January 7, 2022
- Posted by: reactdigi
- Category: News
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How can corporates compete against each other — become listed is the key to success
With the severe market competition in China these days, corporate development and growth could be tough for every company. Becoming a listed company would be a successful way for capital appreciation. Develop and grow as a listed company Mr. Xavier Chan, the Founder and Chairman of CWK Global and Mr. Chow, Consultant of CWK Global, shared their views to explain why going listed is the right way to develop business, the trend of going listed and Hong Kong is expecting the third time of economic transformation, which makes it a perfect place for corporates to become listed. For details, please......- December 31, 2021
- Posted by: Steve Mok
- Category: News