Global family offices flock to Hong Kong as property, stock market and Greater Bay Area opportunities act as magnet
The removal of property curbs, a stock market rebound and growing opportunities in the Greater Bay Area are attracting an increasing number of family offices to Hong Kong, according to industry players.
“Many families have been very positive about the removal of restrictions on real estate because that is a very popular asset class for family [office] investments,” said Jessica Cutrera, chair of the Family Office Association of Hong Kong. “It is one more sign that the Hong Kong government is committed to developing family offices.”
Source: Global Family