Hong Kong's charm offensive to win over family offices still has a ways to go

Hong Kong's charm offensive to win over family offices still has a ways to go

An evening view of the financial Central district and Victoria Harbour in Hong Kong, China, May 9, 2023. REUTERS/Tyrone Siu

Hong Kong has been pulling out all the stops to restore its standing as a global financial hub, including introducing a slew of support measures and incentives to lure wealthy individuals to establish or expand their family offices (FOs) locally.

Edited by: Padma Priya