Hong Kong government announces measures to woo family offices; Thai billionaire family plans Hong Kong office; Vanguard to shut remaining China business; HKEX releases framework for pre-revenue tech listings; and more.
The country wants global asset owner funds to support a $1.5 trillion infrastructure pipeline and major asset divestment schemes, and also has a fast-growing credit investing need.
The country is enjoying rising appeal among foreign investors, recently overtaking China as the top global destination for FDI. It must continue its reform momentum if this is to continue.