The family office boom: Why global investors are betting on Hong Kong

Hong Kong is rapidly emerging as the world's leading cross-border wealth management hub, poised to surpass Switzerland as early as 2027. Family offices, firms managing fortunes for the world's wealthiest, are at the heart of Hong Kong's financial strategy. The city is now on track to exceed its target of attracting 200 family offices by the end of 2025, bringing the total number of such firms to over 3,000.

This rapid growth is driven by Hong Kong's unique advantages: common law protections under "One Country, Two Systems," low and transparent taxes, and unmatched access to the mainland market. In an era of global uncertainty, Hong Kong is not only attracting international capital but also channeling it into technology, green growth, the arts, and philanthropy, showcasing wealth as a force for good.