|The applicant must invest not less than HK$10 million in one or a combination of the following permissible investment assets :|
|1.||Equities||Shares of companies that are listed on the Hong Kong Stock Exchange and traded in Hong Kong dollars.|
|2.||Debt Securities||Denominated in Hong Kong dollars including fixed or floating rate instruments and convertible bonds which are issued or fully guaranteed by the HKSAR Government, the Exchange Fund, the Hong Kong Mortgage Corporation, MTR Corporation Limited, Kowloon-Canton Railway Corporation, Hong Kong Airport Authority and other corporations, agencies or bodies wholly or partly owned by the HKSAR Government as may be specified from time to time; or by companies referred to under (1.) above.|
|3.||Certificates of Deposits||Denominated in Hong Kong dollars issued by authorized institutions as defined in the Banking Ordinance with a remaining term to maturity of not less than twelve months at the time of purchase (such purchase should take place after approval in principle has been given by the Immigration Department for the entrant to join the Scheme and that such instruments, on reaching maturity, should be replaced by Certificates of Deposits with a remaining term to maturity of not less than twelve months or by assets in other permissible investment asset classes).|
|4.||Subordinated Debt||Denominated in Hong Kong dollars issued by authorized institutions which satisifies section 42(1)(e) and (g) of the Banking (Capital) Rules (Chapter 155L), a subsidiary legislation under the Banking Ordinance.|
|5.||Eligible Collective Investment Schemes||For the purpose of the Scheme as published and updated in the Immigration Department´s website (http://www.immd.gov.hk) from time to time.|
Portfolio Maintenance Requirement
The applicant is required to transact only in the Specified Financial Assets in designated account opened with a single financial intermediary. An applicant is required to undertake in the application form to the effect that he agrees to abide by the Scheme Rules whilst remaining in Hong Kong as an entrant under the Scheme.
The financial intermediary must be an authorized institution as defined in the Banking Ordinance, a licensed corporation licensed to perform Type 1, 4 or 9 regulated activities under the Securities and Futures Ordinance or an insurer authorized to carry on Class C business as specified in Part 2 of the First Schedule to the Insurance Companies Ordinance.
Change in Value of Investment
The applicant is not required to top up the value of investment should the value of total investment under the Scheme fall below the requisite minimum level of HK$10 million. The applicant is also not allowed to withdraw any capital gain from his/her investment if its market value rises above the requisite level. Cash dividend income and interest income derived from permissible financial assets can be retained by the entrant and need not be ring-fenced under the Scheme.
The entrant is free to switch investments from one permissible financial asset to another (e.g. from equities to debt securities or vice versa) provided that the entire proceeds from the sale of the initial assets are reinvested. The applicant should keep a record of every change to his/her investment portfolio for the purpose of applying for extension of stay in Hong Kong.