Stanley Hui: Hong Kong is committed to becoming the preferred hub for family offices in Asia and globally, with plans to attract hundreds of them to set up here.

According to reports from Hong Kong media, the Secretary for Financial Services and the Treasury, Christopher Hui, stated in a speech at an event on November 6, 2025 that the Hong Kong government is committed to developing Hong Kong as the preferred hub for family offices in Asia and even globally. Hui pointed out that Hong Kong has a fair and transparent common law system, advanced financial infrastructure, geographical proximity to the mainland, and a simple tax system, providing an ideal business environment for ultra-high net worth families around the world. He stated that the government's goal is to attract at least 200 family offices to establish or expand their businesses in Hong Kong by the end of this year, and plans to attract approximately 220 more family offices to set up in Hong Kong between 2026 and 2028, further deepening and enriching Hong Kong's family office ecosystem. Furthermore, Hui revealed that in order to enhance Hong Kong's competitiveness in the international market, the government plans to propose relevant legislative amendments in the first half of next year to improve the tax incentives system related to funds and associated equities, ensuring that Hong Kong continues to be the preferred destination for global capital and talent.