China-focused family offices say Hong Kong still the place to be: survey

Hong Kong has defied recent negative publicity to rank as the leading international finance hub in Asia for at least 65% of respondents to a recent survey commissioned by the Financial Services Development Council (FSDC). 71% of respondents — comprising asset and wealth managers and some family offices — still see Hong Kong as their chief gateway to mainland China. 29% of the participants — predominantly those in the insurance sector — said that they did not view Hong Kong in th…