Hong Kong to host 'Wealth for Good' summit next year, aims for 220 new family offices

Hong Kong will hold its "Wealth for Good" summit again next year, said Secretary for Financial Services and the Treasury Christopher Hui Ching-yu.

The statement came as Hui said at a family office forum on Wednesday that the government had already met its target of attracting 200 family offices setting up or expanding in Hong Kong by September this year – ahead of schedule.

Looking ahead, the government is targeting an additional 220 family offices from 2026 to 2028, Hui added, as the Asian financial hub continues to position itself as a leading center for managing the wealth of ultra-rich families.

He said Hong Kong's unique advantages, including its world-class market ecosystem, financial infrastructure, proximity to mainland China and competitive tax system, made it an ideal location for family offices to establish or expand their businesses.