Joseph Chan Ho-lim (left), Under Secretary for Financial Services and the Treasury, and Kwan Chi-man, chairman of the Family Office Association of Hong Kong, attend the opening ceremony of Family Office Association of Hong Kong at the InvestHK office in Admiralty, on Tuesday. Photo: Nora Tam Joseph Chan Ho-lim (left), Under Secretary for Financial Services and the Treasury, and Kwan Chi-man, chairman of the Family Office Association of Hong Kong, attend the opening ceremony of Family Office Association of Hong Kong at the InvestHK office in Admiralty, on Tuesday. Photo: Nora Tam
Joseph Chan Ho-lim (left), Under Secretary for Financial Services and the Treasury, and Kwan Chi-man, chairman of the Family Office Association of Hong Kong, attend the opening ceremony of Family Office Association of Hong Kong at the InvestHK office in Admiralty, on Tuesday. Photo: Nora Tam

Hong Kong rolls out red carpet to offer city as Asian family offices hub to manage the fortunes and investments of wealthy clans

  • As many as 50 licensed family offices are operating in the city, two months after the Securities and Futures Commission (SFC) issued the first licensing guidelines for the industry
  • Most of them are set up as limited partnerships, a business format enabled by a law passed in the local legislature in August

Topic |   Banking & Finance
Joseph Chan Ho-lim (left), Under Secretary for Financial Services and the Treasury, and Kwan Chi-man, chairman of the Family Office Association of Hong Kong, attend the opening ceremony of Family Office Association of Hong Kong at the InvestHK office in Admiralty, on Tuesday. Photo: Nora Tam Joseph Chan Ho-lim (left), Under Secretary for Financial Services and the Treasury, and Kwan Chi-man, chairman of the Family Office Association of Hong Kong, attend the opening ceremony of Family Office Association of Hong Kong at the InvestHK office in Admiralty, on Tuesday. Photo: Nora Tam
Joseph Chan Ho-lim (left), Under Secretary for Financial Services and the Treasury, and Kwan Chi-man, chairman of the Family Office Association of Hong Kong, attend the opening ceremony of Family Office Association of Hong Kong at the InvestHK office in Admiralty, on Tuesday. Photo: Nora Tam
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