The Invest Hong Kong (InvestHK) said that the Capital Investment Entrant Scheme (CIES) has received an enthusiastic response since its launch on March 1st. As of May 13th, over 500 applications and over 5,000 inquiries have been received. It is estimated that the program will bring over HK$15 billion in investment to Hong Kong. Among these applications, 448 have been verified as meeting the net asset requirement, meaning applicants have proven to have a net asset of no less than HK$30 million in the two years prior to application. 47 applications have been verified as meeting the investment requirement, meaning applicants have completed the investment of HK$30 million in Hong Kong within six months. InvestHK Director General, Mr. Simon Li Ka-chuen, stated that the number of CIES applications reflects the confidence of high net-worth individuals in Hong Kong. The program has attracted experienced businessmen and innovative entrepreneurs, which will enhance the development advantages of Hong Kong's asset and wealth management industry. (Hong Kong Government News Network)