The Zhitong Finance App learned that on October 23, Hong Kong Secretary for Treasury Xu Zhengyu said in his speech at the Hong Kong Economic Times Wealth Management Awards 2026 that currently, global investors are actively seeking diversified asset allocations. Hong Kong is attracting more and more ultra-high net worth individuals and family offices to settle in and invest in Hong Kong. In terms of family offices, there are currently over 3,380 single-family offices operating in Hong Kong. It is estimated that operating expenses alone have brought annual revenue of about HK$12.6 billion to the Hong Kong economy and directly employed more than 10,000 full-time professionals. It will aim to assist no less than 220 more family offices to set up or expand their business in Hong Kong between 2026 and 2028.
Zhitongcaijing · 1d ago
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The Zhitong Finance App learned that on October 23, Hong Kong Secretary for Treasury Xu Zhengyu said in his speech at the Hong Kong Economic Times Wealth Management Awards 2026 that currently, global investors are actively seeking diversified asset allocations. Hong Kong is attracting more and more ultra-high net worth individuals and family offices to settle in and invest in Hong Kong. In terms of family offices, there are currently over 3,380 single-family offices operating in Hong Kong. It is estimated that operating expenses alone have brought annual revenue of about HK$12.6 billion to the Hong Kong economy and directly employed more than 10,000 full-time professionals. It will aim to assist no less than 220 more family offices to set up or expand their business in Hong Kong between 2026 and 2028.
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