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Christopher Hui Visits Canada to Persuade Manulife, Sun Life to Re-domicile to HK
Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, continued his visit to Toronto, Canada, on May 27 (Toronto Time). He met separately with the Pre...
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Christopher Hui Visits Canada to Persuade Manulife, Sun Life to Re-domicile to HK
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Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, continued his visit to Toronto, Canada, on May 27 (Toronto Time). He met separately with the President and Chief Executive Officer, Phil Witherington, and the Chief Financial Officer, Colin Simpson, of MANULIFE-S (00945.HK)  +0.600 (+0.243%)   ; as well as the Executive Vice-President and Chief Financial Officer, Tim Deacon, and the Executive Vice-President and Chief Strategy and Enablement Officer, Linda Doughety, of SunLife.

He introduced them to the newly enacted legislation on re-domiciliation of companies, encouraging them to consider re-domiciling their companies to Hong Kong to enjoy the relevant legal and taxation convenience, as well as to lower their compliance costs for satisfying two sets of regulatory requirements.
(HK stocks quote is delayed for at least 15 mins.)

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