Clearer licensing rules, Greater Bay Area opportunities can turn Hong Kong into a family office hub, industry players say

• The securities regulator’s recent clarification of rules surrounding licensing is likely to attract more family offices – wealth managers who deal with ultra-rich dynasties
• The bay area could generate US$185 million worth of wealth management revenue by 2025, a sign of ‘how large and important’ the market will be, says Raffles Family Office boss