https://www.scmp.com/rss/510158/feed Stephen Christopher Phillips is the director-general of Investment Promotion at Invest Hong Kong (InvestHK), the government department responsible for attracting and facilitating foreign direct investment into Hong Kong. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com The Chinese saying fu bu guo san dai suggests that family wealth rarely lasts beyond three generations. As wealthy families around the world look to ensure succession, this is an exciting opportunity for Hong Kong, and family offices have a vital role to play. The city is already well placed to attract the family offices of the world’s growing population of ultra-high net worth individuals, particularly in Asia and especially in China. Around the world, there are around 520,000 such individuals... https://www.scmp.com/comment/opinion/article/3138820/why-hong-kong-ideal-global-hub-family-offices?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3138820/why-hong-kong-ideal-global-hub-family-offices?utm_source=rss_feed Sun, 27 Jun 2021 08:30:09 +0000