“Your capital is safe” in Hong Kong, Financial Secretary Paul Chan Mo-po told wealthy families on Wednesday as he sought to reassure them that Hong Kong is a premier destination for capital investment amid the raging trade war. The so-called reciprocal tariffs imposed by the US on its trading partners underscored Hong Kong’s soundness as…
About 150 new family offices attracted by innovation and technology developments and an emerging art market in Hong Kong have expressed an interest in settling in the city, despite intensified geopolitics and the tensions brought about by CK Hutchison Holdings’ Panama port sale, the investment chief has revealed. Of the 150 offices, 80 are from…
Hong Kong is channelling funds into several dozen innovative companies to further bolster the city’s appeal as a hub for technology, banking and finance compared with regional competitors like Singapore, according to Financial Secretary Paul Chan Mo-po. The Hong Kong Investment Corp (HKIC), funded by the city’s reserves, has invested in nearly 100 start-ups involved…
Hong Kong is channelling funds into several dozen innovative companies to further bolster the city’s appeal as a hub for technology, banking and finance compared with regional competitors like Singapore, according to Financial Secretary Paul Chan Mo-po. The Hong Kong Investment Corp (HKIC), funded by the city’s reserves, has invested in nearly 100 start-ups involved…
Hong Kong has long been the base of William Louey Lai-kuen’s wealth-generating and charitable endeavours, but the eldest great-grandson of Kowloon Motor Bus’ (KMB) founder said he plans to do more thanks to programmes unveiled by the city’s government. “Many of my friends have increased their investment and charity activities in Hong Kong after the…
Alibaba Group Holding chairman Joe Tsai and Adrian Cheng Chi-kong, the former CEO of New World Development, will be among the influential business leaders and financiers speaking at the Wealth for Good in Hong Kong Summit next week. According to a statement released on Thursday by the Hong Kong government, other speakers include Steve Davis…
Hong Kong is set to host three major wealth and investment events towards the end of the month, underscoring the city’s standing as an international financial centre capable of attracting investors and entrepreneurs. The highlight would be the third edition of the Wealth for Good in Hong Kong Summit on March 26, Christopher Hui Ching-yu,…
Deribit, the world’s largest cryptocurrency derivatives exchange, aims to expand in Hong Kong, a sign of momentum as the market regulator looks to make the city a hub for virtual assets. The Dubai-based company was drawn to Hong Kong because of its position as an international financial hub and its vibrant community of family offices…
Feb 2, 2025 Hong Kong is rapidly positioning itself as a preferred hub for the establishment of family offices, attracting interest from affluent families across mainland China and Southeast Asia. According to Dennis Chow, Asia-Pacific chairman of Deloitte, the city’s burgeoning capital market activities, especially more listings from regional companies, enhance its appeal. A significant…
Wealth management and family offices will be a major growth engine for Hong Kong, as many prominent clans in Asia have shown an interest in setting up entities to manage their fortunes, according to Deloitte’s regional head. Dennis Chow Chi-in, Asia-Pacific chairman of the accounting and consulting firm, believes this will mainly be down to…