China News Service, Hong Kong, March 27th. Hong Kong SAR Chief Executive Li Jiachao attended the second "Yu Ze Xiangjiang" Summit Forum event dinner on the evening of the 26th and delivered a speech. He said that Hong Kong is the best choice for family offices to settle and develop. The SAR government will strive for more family offices to settle in Hong Kong.
It is reported that the summit forum was hosted by the Financial Services and the Treasury Bureau and Invest Hong Kong of the SAR Government and was held on the 27th. With the theme of "Steering the Wind", this forum will explore how to forge ahead in the challenging environment of the external economy and promote global family offices to settle in Hong Kong and continue to flourish.
At the dinner that day, Li Jiachao said that this year’s forum brought together more than 400 influential decision-makers and well-known professionals from family offices around the world, far exceeding last year’s scale.
Li Jiachao introduced Hong Kong's advantages in the financial industry, capital market, asset and wealth management, family office policies and other aspects to the guests. He pointed out that these advantages and Hong Kong's strength as an international financial center are all due to the "one country, two systems" policy, which ensures that Hong Kong can maintain connectivity with mainland China and the rest of the world.
Li Jiachao said that there are currently more than 2,700 family offices operating in Hong Kong. The SAR government issued the "Policy Declaration on the Development of Family Office Business in Hong Kong" at the last summit forum. In the past year, the eight measures in the policy declaration have been gradually implemented. As of last month, Invest Hong Kong's dedicated team has helped nearly 60 family offices set up or expand business in Hong Kong, and another 100 family offices have expressed interest in developing or expanding business in Hong Kong.
Li Jiachao hopes that the participants will understand the unique advantages of Hong Kong through this summit forum, and the SAR government will strive for more family offices to settle in Hong Kong. (over)