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Family offices

Family offices
Family offices are corporations established by wealthy individuals or families to pursue investment, philanthropy and succession planning. Hong Kong has more than 2,700 single-family offices, with each managing between US$10 million and US$100 million. The Hong Kong government has announced tax incentives and investment migration schemes to attract such corporations in an effort to turn the city into a regional hub.
Commentators remain broadly optimistic about the outlook, despite continuing tensions in the Middle East. Photo: Dickson Lee
Mergers & Acquisitions

Investment firms remain upbeat on deals despite geopolitical tensions, bankers say

Private equity, sovereign funds and family offices are sitting on record stocks of dry powder even as geopolitical risks cloud the global outlook.

Hong Kong property

Hong Kong, Sydney or Dubai? Prime real estate investors take their pick

Banking & finance

Middle East tensions set to strengthen Hong Kong as a gold and wealth hub

Wealth management

Hong Kong to expand tax waivers for family offices, pension fund investment

The government will submit a bill by June to add more tax-exempt products and funds, including gold and digital assets, a minister says.

Hong Kong’s Secretary for Financial Services and the Treasury, Christopher Hui Ching-yu. Photo: Dickson Lee
Hong Kong budget 2026-27

Hong Kong seeks to hone edge as offshore yuan hub, digital-asset front runner

Market participants largely welcome Paul Chan’s renewed push to strengthen Hong Kong’s position as an international financial centre.

Hong Kong

Hong Kong adds 681 family offices as wealthy shift focus from US: Deloitte

The auditing firm’s survey shows a 25 per cent increase in the city’s single-family offices over two years, with the affluent wary of US volatility.

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Banking & finance

Hong Kong’s US$8 billion wealth fund eyes fintech, aerospace and AI for growth

The Hong Kong Investment Corporation will use the city’s advantages amid global competition, geopolitical challenges, CEO Clara Chan says.

The Hong Kong Investment Corporation made HK$2.34 billion in investment income in 2024, according to its annual report released in December. Photo: Jonathan Wong
Banking & finance

FSDC urges Hong Kong to focus on Africa-Asia financial corridor

City can unlock opportunities providing capital for companies and Belt and Road Initiative infrastructure projects, advisory council says.

Stocks

Macroscope | Why Asian family businesses are pivoting to private equity

Family firms, the backbone of the Asian economy, have tended to be reluctant to go public but are increasingly open to private equity funding.

Banking & finance

Exclusive | Hong Kong favoured as wealth planning platform, bank CEO says

City’s stock market and incentives will continue to attract family offices from around Asia-Pacific, Bank of Singapore’s Hong Kong CEO says.

Rickie Chan, head of private banking for Greater China and CEO for Hong Kong at Bank of Singapore, poses for a photo on December 3, 2025. Photo: Enoch Yiu
Banking & finance

Hong Kong taps Value Partners, 9 others to manage US$385 million residency fund

Government investment arm HKIC also names Primavera among managers of CIES IP, which focuses on Hong Kong’s long-term development.

The 10 asset managers appointed span venture capital, private equity, private credit and hedge funds. Photo: Sun Yeung
Hong Kong property

Hong Kong and Singapore prime office rents set to equalise by 2027: CBRE

The projected increase in Singapore’s office rents could influence how companies allocate manpower between the two cities.

Banking & finance

Opinion | Hong Kong, Singapore, Dubai: the rise of the ‘family office triangle’

The Asian century will not be written by governments alone but by family offices that can turn opportunity into enduring prosperity.

Banking & finance

Adams Street joins wave of investment firms opening in Hong Kong

‘We want to be closer to both our investors and the investment opportunities that are presenting themselves here,’ managing partner says.

Tourists take in the view of Hong Kong from The Peak on June 21, 2025. Photo: Eugene Lee
Wealth management

Hong Kong’s allure for rich families rises amid mainland China’s EV, AI growth

More family offices in Asia, Europe and Middle East see city’s value as link to mainland investments, founder of Swiss firm Club Estate says.

videocam
Marcus Sasse, CEO and founding partner of Club Estate, pictured in the South China Morning Post’s office in Causeway Bay on November 13, 2025. Photo: Nathan Tsui
Banking & finance

Exclusive | Standard Chartered tailors UAE offerings for wealthy Chinese residents

The United Arab Emirates is a growing hub for people who come to work, set up family offices and start businesses, bank’s wealth CEO says.

Millionaires and billionaires

Hong Kong leader John Lee to speak at family business summit

Third annual event curated by the Post and Blue Pool Capital, presented by UBS, features speakers from governments to Wall Street to the NBA.

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Wealth management

Hong Kong roars ahead as top wealth hub, overtaking Singapore

Nearly 45 per cent of top global private banks say their affluent clients prefer Hong Kong over other wealth management centres: PWMA report.

Hong Kong is firmly back on its growth trajectory, says Amy Lo. Photo: Edmond So
Wealth management

Exclusive | China’s wealthy flock to Hong Kong for global investments, banker says

China Citic Bank International invests in new private banking centre as cross-border wealth customers triple, Wendy Yuen says.

Wealth management

Ultra-rich families focus on impact ‘across generations’ in legacy planning

Family offices at Standard Chartered forum in Dubai concerned with geopolitical instabilities, digital disruptions and social changes.

Wealth management

Hong Kong family offices launch US$100 million fund to tap global investors

Hong Kong strives to draw high-net-worth individuals from Europe, Asia and the Middle East to establish family offices in the city.

Five local family offices are jointly launching a US$100 million fund called Inspira. Photo: Sam Tsang
Banking & finance

Hong Kong and Singapore are Asia’s twin hubs for family offices: Julius Baer

Real estate and private investment are favoured by family offices, while longevity is changing the thinking on wealth preservation.

The Hong Kong government’s measures introduced in 2023 has attracted 200 new family offices to the city. Photo: Sam Tsang
Wealth management

Exclusive | Hong Kong sets sights on 220 new family offices in next growth phase

InvestHK launches ‘Family Office 2.0’ to lure global wealth hubs to Hong Kong as race steps up with Singapore.

Fintech

Hong Kong FinTech Week expects investment ‘action’, InvestHK says

The November event, held jointly with the StartmeupHK festival, is expected to attract more than 37,000 attendees and 700 exhibitors.

Banking & finance

Exclusive | Mainland Chinese financial firms seeking strategic Hong Kong base on the rise: Citigroup

Hong Kong is an ideal platform for mainland and international companies aiming to expand globally and pursue opportunities across Asia.

Mainland Chinese lenders and Citigroup Hong Kong are partners, not competitors, according to Citi Hong Kong CEO Aveline San. Photo: Edmond So
Wealth management

Hong Kong shapes policies to widen appeal to family offices, treasury chief says

Last month, the government achieved its previous target of facilitating 200 family offices to establish a presence in the city.

Secretary for Financial Services and the Treasury, Christopher Hui, addresses the Raffles Family Office annual forum on Wednesday. Photo: Handout
Art

Hong Kong’s latest art auctions see turnover lingering at 8-year low

Overall auction sales by Sotheby’s, Christie’s and Phillips reflected art market downturn since 2016, despite the sale of Asia’s most expensive Picasso.

Banking & finance

Canada’s RBC BlueBay partners with Endowus to expand Asia presence

Partnership aims to provide specialist fixed-income strategies to investors in Hong Kong and Singapore via Endowus’ platform.

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