Hong Kong shines bright as a family office hub

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The city hosts more of the world’s top 500 family enterprises than any other city in Asia, and is the second-largest global offshore wealth centre.
First published in 1903, South China Morning Post is Hong Kong’s premier English language newspaper and has the city’s most affluent and influential readership. With a reputation for authoritative, influential and independent reporting on Hong Kong and China. The newspaper is supported with its online publication and its Sunday edition, Sunday Morning Post.
Family businesses are growing quickly across Asia-Pacific, creating more wealth for the families concerned. The businesses may vary in shape and form, but what many have in common is the desire to set up a family office in Hong Kong to grow their wealth – a trend more conspicuous this year in the wake of the pandemic.