City's campaign to bolster family offices on track

The Hong Kong government has introduced 140 family offices to the city through its investment promotion arm InvestHK, says Secretary for Financial Services and the Treasury Christopher Hui Ching-yu.

Hui expressed confidence that it will meet the target of assisting at least 200 family offices seeking to establish or expand their businesses in the city from 2022 to 2025.

He also highlighted Hong Kong's advantages in various areas that include connections with Mainland China, its tax system, talent pool, and tailored services for family offices.

STAFF REPORTER