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Behind the $31 Billion Valuation: Xiaohongshu's Hong Kong IPO and the Quest for Growth
The latest update as of July 2026: The company has entered the substantive final preparation phase, though it still faces critical tests regarding regulation and internal governance before a successful listing. Core Progress & Key Milestones Advancing Hong Kong IPO: Rumors suggest the company has hired Goldman Sachs and CICC, planning to confidentially file for a Hong Kong listing by the end of June 2026. Targeting a debut as early as the second half of 2026, it could become

FOFA
Jul 183 min read


The New Landscape of Cross-Border Wealth Management: A Comprehensive Analysis from the Futu Penalty to Compliance Pathways
On May 22, 2026, a penalty notice from the China Securities Regulatory Commission (CSRC) sent shockwaves through domestic and overseas financial markets. Futu Holdings faces a proposed fine of 1.85 billion yuan, Tiger Brokers was fined and had illicit gains confiscated totaling approximately 411 million yuan, and Longbridge Securities was also placed under official investigation. With these three prominent cross-border brokerages simultaneously named, the pre-market US shares

FOFA
Jun 279 min read


Reshaping the Cross-Border Capital Landscape: Five Compliance Challenges and Strategic Opportunities under China's New Outbound Investment Mandate
For global capital markets and cross-border investors, 2026 marks a watershed year in regulatory evolution. On June 1, the State Council of China officially promulgated the Regulations on Outbound Investment (State Council Order No. 837), set to take full effect on July 1. This milestone elevates the regulatory framework for China's outbound investments from a fragmented collection of departmental rules to the highest level of national administrative law. As professional inve

FOFA
Jun 113 min read


Hong Kongers! Don't Stay Anchored in Victoria Harbour: How to Set Sail Overseas? — 2026 Overseas Investment Practices and Strategies for Hong Kongers
Disclaimer : The content of this webpage is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. At the crossroads of globalization and geopolitical restructuring, Hong Kongers in 2026 are looking overseas for asset, career, and family planning more frequently than ever before. This is not merely an escape or a hedging tactic, but a rational choice in pursuit of opportunities, diversification, and lon

FOFA
Apr 184 min read


Hong Kong's 2025 Stablecoin Regulatory Landscape : From Transition to Long-Term Stability【An Interpretive and Action Guide】
I. Why Should You Read This Article? On August 1, 2025, the Stablecoin Ordinance (Cap. 656) will officially come into effect, elevating...

Dr Frederick Wong
Jul 31, 20254 min read


"Launching the AI Value Chain Series | Exploring Business Development and Investment Potential" - Encouraging Partnerships to Drive Technological Innovation and Compliance Collaboration
March 7, 2025 – The Family Office Fintech Association (FOFA) successfully hosted a YouTube live event titled "Master AI, Master the...

FOFA
Mar 10, 20252 min read


FOFA (Family Office Fintech Association) Partners with Yingke (Shenzhen) Law Firm to Help Domestic Entrepreneurs Expand Overseas Markets
Shenzhen, June 28, 2024 – The event "Dual-City Identity: How to Seamlessly Obtain Hong Kong + Singapore Identity," co-hosted by the FOFA...

FOFA
Jun 29, 20242 min read


Comparing Limited Partnership Funds (LPFs) Across Hong Kong, Cayman Islands, and Singapore
When considering the compliance requirements of Limited Partnership Funds (LPFs) versus other fund structures, several key points can...

FOFA
Jun 14, 20242 min read


The Importance of Interdisciplinary Innovation in the Future
Interdisciplinary innovation plays a crucial role in both modern and future societies. Combining law, finance, and digital technology can...

Dr Colin Lee
Jun 13, 20242 min read


Tax Treatment and Tax Incentives for Limited Partnership Funds
Annual Audit Obligations Under the Limited Partnership Fund Ordinance (Cap. 637) , Limited Partnership Funds (LPFs) have specific tax...

FOFA
Jun 12, 20242 min read


HashKey Business Development Meets with FOFA Family Office Fintech Association to Explore Digital Asset Solutions
Hong Kong, June 11, 2024 — Today, the Business Development Department of HashKey (a licensed virtual asset exchange in Hong Kong) held an important meeting with the FOFA Family Office Fintech Association in Hong Kong. The two parties delved into the implementation of digital asset solutions within the framework of local financial regulations, with a particular focus on upcoming market products. The meeting aimed to address the diverse needs of institutional investors, explor
infofofahk
Jun 12, 20242 min read


Limited Partnership Funds (LPFs) Offer Anonymity for Limited Partners
The Limited Partnership Fund Ordinance (Cap. 637) (the "Ordinance") came into effect on August 31, 2020. This Ordinance establishes a new...

FOFA
Jun 12, 20242 min read


How Should Entrepreneurs Understand and Face "Golden Tax Phase IV"?
China's Mainland has explicitly proposed in the "Five-Year Work Plan for Deepening the Reform of the National Tax System (2018-2022)" to...

Dr Colin Lee
Jun 12, 20244 min read
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