China-focused family offices say Hong Kong still the place to be: survey
Proximity to China and strong government support maintains Hong Kong’s status as Asia’s financial center, particularly for family offices.
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…
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