As of the end of March, the family office team of the Hong Kong Investment and Promotion Agency received a total of more than 650 inquiries from Hong Kong to establish a family office, including 40 inquiries from the Middle East;Harbor opened or expanded the family office, accounting for nine from the Middle East.
According to the online media "Hong Kong 01" report, Xu Zhengyu, director of the Hong Kong Finance and Economic Affairs and Treasury Bureau, answered Liang Xi, a member of the Legislative Council of the Democratic Federation of Democratic Construction on Wednesday (April 24),At the time, make the above response.He did not mention which country these queries came from.
Xu Zhengyu further said that the family office team has assisted 64 overseas funds to establish a family office in Hong Kong, with 49 mainland, eight Asia -Pacific regions, four in North America, and three Europe.
Xu Zhengyu said that according to the research released by the consultant hired by the Investment Promotion Department, it is estimated that about 2,700 single family offices at the end of 2023 are held in Hong Kong, of which more than half of the assets exceeded $ 50 million (68.03 million (68.03 millionNew Yuan).
Earlier claimed to go to Hong Kong to set up a family office "Prince Dubai", SHEIKH Ali Al Maktoum, his identity has been questioned, which has aroused the real situation of foreign rich people who go to Hong Kong to open a family office.
