Invest Hong Kong said that the New Capital Investor Admission Scheme has received an enthusiastic response since its launch on March 1. As of March 13 this month, it has received more than 500 applications and more than 5,000 enquiries, which are expected to bring more than HK $15 billion to Hong Kong. Among them, 448 applications have been verified to meet the net asset requirement, that is, the applicant has proved that the applicant has a net asset of not less than HK $30 million in the two years before submitting the application; 47 applications have been verified to meet the investment requirement, that is, the applicant has completed the investment of HK $30 million in Hong Kong within the six-month period. InvestHK Director-General Lau Kai-shun said that the increase in applications for the new scheme reflects the high net worth individuals' confidence in Hong Kong, which attracts experienced businesspeople and innovative entrepreneurs, enhancing the development advantages of Hong Kong's asset and wealth management industry.