Chen Maobo, director of the Hong Kong Finance Department, said that as of last month, the special responsible team of the Investment and Promotion Department had assisted 58 family offices to establish or expand its business in Hong Kong.

Comprehensive Ming Pao and Radio Hong Kong reported that Chen Maobo wrote on Sunday (March 24) on the netizer that more than 100 family offices have decided to establish or expand business in Hong Kong.

Chen Maobo said that many large financial events in Hong Kong have been held one after another this quarter.400 representatives from Hong Kong, Mainland China, Asia, Europe and the United States, and the Middle East will participate, and will explore how to promote the family office in Hong Kong in a challenging peripheral environment and continue to flourish.

The Hong Kong Government launched a series of measures last year to attract home office to settle in Hong Kong. The goal was to attract at least 200 large households to settle in before the end of 2025.

The research results of Deloitte commissioned by the Hong Kong Investment and Promotion Agency have shown that as of the end of last year, there were more than 2,700 Single Family Office in Hong Kong.The size of the assets managed by these single family offices is at least $ 10 million (about S $ 13.49 million), of which 885 single -handed assets are at least $ 100 million.