Amid a major marketing push, the Hong Kong government team dedicated to promoting family offices is confident of hitting the targeted 200 family offices by 2025 ahead of schedule.
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The Hong Kong government in its latest annual budget is pulling out all the stops to boost the city’s attractiveness to family offices and new businesses.
A senior executive from the government team outlines key markets where it expects to intensify efforts to woo wealthy families to set up offices in Hong Kong. Competition, however, will be fierce.