In recent years, Hong Kong's political situation is unstable, and many multinational companies in Hong Kong have withdrawn from capital.With the gradual reconciliation of society, the Hong Kong Government has begun to move in various parties, including the Summit Forum on the 24th of this month. It is hoped to attract more family offices to develop in Hong Kong to consolidate Hong Kong's position as an international financial center.
Xu Zhengyu, director of the Hong Kong Government Financial Affairs and Treasury Bureau, published a blog on March (March 15), revealing that the summit forum named "Yuze Xiangjiang" will mainly include about 100 family decisionists from all over the world.And their professional team.The forum content covers the four major themes of science and technology empowerment, literary and artistic exchanges, green transformation and charity inheritance. On the one hand, it cooperates with the full needs of the family office's location and settlement, and on the other hand, it shows Hong Kong's comprehensive advantages of diversified superiority outside the international financial center.
Xu Zhengyu pointed out that the Hong Kong Government will establish a direct contact with the Global Family Decisionrs participating through the forum to assist them in exploring and implementing opportunities for development in Hong Kong.Will participate in the forum and discuss cooperation opportunities with global partners to further enhance Hong Kong's position as a family office hub.
The official is also intensive, and is preparing to publish a policy declaration on promoting the development of family offices in Hong Kong on the day of the forum.
In addition, the British Financial Times reported on Wednesday that Xu Zhengyu will visit the UK in April. During the period, it will meet with local officials and business circles. It is the first time that Hong Kong government officials have visited the UK for three years.
When the Hong Kong Government Financial Affairs and Treasury bureau replied to the reporter's inquiry, they only confirmed that Xu Zhengyu would visit Europe and actively contact the main interests.
In recent years, the political situation in Hong Kong has been unstable, coupled with strict immigration prevention measures last year, which hinders daily business exchanges, many multinational companies have evacuated Hong Kong.Earlier, rating agencies have reduced Hong Kong's international financial center rankings. After the ranking of Singapore, it has aroused heated discussions in Hong Kong.
With the gradual customs clearance of Hong Kong earlier this year, the Hong Kong Government has begun to hold different large -scale financial activities.Yu Weiwen, president of the Hong Kong Financial Administration, said on Tuesday that the bureau is in full swing to prepare for various activities this year, including the meeting of the Basel Bank Regulatory Commission (BCBS) meeting next Wednesday and Thursday, and a discussion jointly organized with the International Settlement Bank (BIS) next FridayWill wait.
Yu Weiwen revealed that next week's international -level conferences are mainly heads of international financial institutions. As for the next week, the central banks and regulatory agencies are mainly invited.
Singapore's development family office has achieved bright results in the past two or three years
Dr. Chen Xiaofeng, Secretary -General of the Hong Kong Law Exchange Foundation, said in an interview with Lianhe Zaobao that Hong Kong, as the third largest listing of fund -raising land in the world, should have a natural advantage of becoming the Asian Wealth Management Center and has a booming family office industry.However, Singapore has achieved bright results in the development of family offices in the past two or three years. The number of family offices has increased from 400 in 2020 to 700 in 2021.The Hong Kong Government's holding of the Summit Forum will help promote the development of Hong Kong's assets and wealth management industries, as well as attracting more family offices to Hong Kong to land and operate.
Chen Xiaofeng said that in recent years, the epidemic has led to the stagnation of international trade and investment activities. In addition, the rapid deterioration of the international political environment has indeed left Hong Kong.He suggested that the Hong Kong Government formulate related favorable industrial policies. For example, family offices are generally looking for direct investment or private equity investment opportunities, and Hong Kong will provide relevant investment opportunities.
He said: "Although Hong Kong has abundant talent reserves, as the number of people in the family office increased in the number of people in Hong Kong, we also need to attract and cultivate more talents to provide services."
