https://www.scmp.com/rss/519261/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Aligning with global trends, Hong Kong family offices now increasingly view philanthropy as much more than just charitable giving. Though family offices are privately held companies whose central function is to maximise the wealth their client families pass on to subsequent generations, selective philanthropy can be a powerful tool for integrating family values into impact investments and wider legacy building. Hong Kong is home to more than 2,700 single-family offices and 15,000 charities. Yet... https://www.scmp.com/special-reports/article/3282744/why-family-offices-hong-kong-are-factoring-philanthropy-their-investment-portfolios?utm_source=rss_feed https://www.scmp.com/special-reports/article/3282744/why-family-offices-hong-kong-are-factoring-philanthropy-their-investment-portfolios?utm_source=rss_feed Thu, 17 Oct 2024 09:00:17 +0000 Private credit fundraising, which taps institutional and individual investors rather than major banks, is widely used in the US and Europe and is now beginning to gain traction in Asia-Pacific. Such funding has become a powerful option for companies that are not ready for bank loans or public bond markets, Hu Bo, HSBC’s head of private credit, Asia-Pacific, wrote in a recent report. The option allows borrowers to raise funds without relinquishing ownership, as with private equity. Furthermore,... https://www.scmp.com/special-reports/article/3282702/considerable-scope-growth-private-credit-fundraising-asia-pacific-markets-recent-surge?utm_source=rss_feed https://www.scmp.com/special-reports/article/3282702/considerable-scope-growth-private-credit-fundraising-asia-pacific-markets-recent-surge?utm_source=rss_feed Thu, 17 Oct 2024 05:06:59 +0000 Hong Kong’s property market, hit by years of high interest rates and weak demand, may be showing some signs of recovery, thanks to government measures like abolishing stamp duties and easing mortgage restrictions. While headwinds are likely to remain for some time, property analysts suggest that the likelihood of interest rates beginning to drop over the next few months could give the sector further support. “With the US expected to lower interest rates more actively next year, we are more... https://www.scmp.com/special-reports/article/3271668/how-hong-kong-property-market-bouncing-back-2024-especially-luxury-sector?utm_source=rss_feed https://www.scmp.com/special-reports/article/3271668/how-hong-kong-property-market-bouncing-back-2024-especially-luxury-sector?utm_source=rss_feed Wed, 24 Jul 2024 06:37:41 +0000