Singapore family office flood could ebb in Hong Kong’s favour
As Singapore digests its influx of Chinese family offices, Hong Kong may be on the cusp of a recovery in a sector where confidence has suffered.
Hong Kong may have lost some of its lustre among Chinese family offices, whose numbers have mushroomed in Singapore in the past two years — but the growth of the Southeast Asian city-state’s family office sector hasn’t come wholly at Hong Kong’s expense.
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