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TOP NEWS

Hong Kong Yacht Reforms Open Greater Bay Area Opportunities for Family Offices

Hong Kong’s new cross-border yacht framework could transform luxury vessels into more liquid and practical Greater Bay Area assets for family offices and high-net-worth individuals. The Hong Kong yacht reforms follow a State Council directive issued on May 29 exempting Hong Kong and Macao-registered yachts from customs guarantees at designated mainland ports. Under the new Hong Kong yacht reforms, eligible yachts can enter ports in nine Greater Bay Area cities without cancell

FAMILY OFFICES

40 minutes ago

The Virtual Family Office and Human Capital

In This Issue: Why AI-driven automation is enabling radically leaner family office structures. How the virtual model redefines the role of the family office professional. Compensation and retention in the new era. A New Model Takes Shape The traditional family office — staffed with dedicated accountants, estate planners, investment analysts, and administrative teams — was built for an era when managing complex wealth required a small army of specialists under one roof. That

FOCUS

1 day ago

Family Office China Allocation Set to Rise as Investors Diversify

Family offices are looking to reduce exposure to North American assets and increase allocations to China, Asia and western Europe as geopolitical tensions, debt concerns and uncertainty over the US dollar reshape investment strategies, according to UBS. The family office China allocation findings come from the bank’s Global Family Office Report 2026 covering 307 family offices across more than 30 markets. Although North America remains the largest regional allocation at 52%,

FAMILY OFFICES

49 minutes ago

Hong Kong Capital Inflows Strengthen Following Middle East Conflicts

Hong Kong has experienced stronger investment activity following recent conflicts in the Middle East, according to Financial Secretary Paul Chan Mo-po. The Hong Kong capital inflows trend has been supported by international investors seeking stability and access to Asian markets. Chan told lawmakers that European and American investors accounted for approximately 40% of inflows into Hong Kong’s stock market rally since September 2024, while Southbound Stock Connect contribute

ECONOMY

52 minutes ago

DBS Wealth Centres Expansion to Add 54 Locations Across Asia-Pacific

DBS plans to open 18 new and upgrade 36 existing locations across Asia-Pacific by the end of 2027 in what the bank described as its largest physical expansion of wealth services to date. The DBS wealth centres expansion will cover Singapore, Hong Kong, China, India, Indonesia and Taiwan. The first locations under the DBS wealth centres expansion are expected to open in the third quarter of 2026. DBS said the programme will increase its Treasures wealth-centre footprint in Sin

WEALTH MANAGEMENT

55 minutes ago

Family Office Asset Allocation Shifts From Real Estate to AI, UBS Finds

Family offices managing billions of dollars are becoming increasingly cautious about geopolitical tensions, sovereign debt risks and the long-term role of the US dollar while continuing to increase exposure to artificial intelligence investments, according to the latest UBS Global Family Office Report. The family office asset allocation survey covered 307 family offices with average assets under management of USD1.3bn. UBS found that 64% of respondents view geopolitical confl

FAMILY OFFICES

1 day ago

HSBC Investment Banking Hong Kong Revival Led by CEO Client Push

HSBC chief executive Georges Elhedery and other senior executives are personally engaging with clients in Hong Kong as the bank seeks to revive its underperforming investment banking operations, according to Bloomberg. The HSBC investment banking Hong Kong initiative includes direct client outreach, personalised communications and stronger engagement with key corporate relationships across the Greater Bay Area. Elhedery has reportedly marketed projects directly to clients, se

ASSET MANAGEMENT

2 days ago

Asia Wealthy Investors Remain Optimistic Despite Market Risks

Asia-Pacific’s affluent investors remain broadly optimistic despite geopolitical tensions, inflation pressures and market volatility, according to research by private bank Lombard Odier. The Asia wealthy investors survey covered more than 390 high-net-worth individuals across regional markets and found confidence remains strong despite growing uncertainty. Recession was identified as the leading concern by 53.5% of respondents, followed by worries about a major equity-market

WEALTH MANAGEMENT

2 days ago

HKEX New Listings Reach 62 as Hong Kong IPO Pipeline Expands

Hong Kong Exchanges and Clearing said 62 companies completed listings in Hong Kong during the first five months of 2026, highlighting renewed momentum in the city’s capital markets. The HKEX new listings data also showed that approximately 500 listing applications are currently under review, indicating a substantial pipeline of prospective issuers. As of May 29, Hong Kong had 2,726 listed companies, including 2,419 on the main board and 307 on GEM. During the same period, 22

ASSET MANAGEMENT

2 days ago

HKRSA & MPF – then, now and the future. A personal reflection from Jonathan Watkin

With the 30 year Anniversary this year of the formation of Hong Kong Retirement Schemes Association, it is a good time to reflect on the past achievements and the future. It is also just over 25 years since the Mandatory Provident Fund (MPF) commenced. When I first started out in superannuation, working for an employee benefits consultancy, Alexander Consulting Group (later part of AON), a Hong Kong Chinese student at Macquarie University in Australia where I was enrolled on

2 days ago

China Family Office Wealth Transfer Wave to Reach USD2.8tr

Family offices in China are shifting from rapid expansion towards higher-quality development as the country prepares for what industry executives describe as the largest intergenerational wealth transfer in its history. The China family office wealth transfer wave is expected to involve more than RMB20tr (USD2.8tr) over the next decade, according to a white paper released by WRISE Group and research firm Puyi Standard. WRISE said the China family office wealth transfer trend

FAMILY OFFICES

2 days ago

China Asset Investment Appetite Rises Among Global Investors

Global investors are showing renewed interest in Chinese assets as rapid technological advances and lower valuations draw attention back to the world’s second-largest economy, according to JPMorgan research. The China asset investment survey found that 57% of investors were considering exposure to China, up from 51% a year earlier. Kwang Kam Shing, JPMorgan’s chairwoman for North Asia, said foreign investment allocations into Hong Kong and mainland China remain historically l

ASSET MANAGEMENT

2 days ago

Hong Kong Gold Clearing Plan Moves Ahead of Singapore

Hong Kong plans to launch a new gold-clearing system by July, moving ahead of Singapore in the race to become Asia’s leading bullion trading hub. The Hong Kong gold clearing initiative is expected to improve liquidity and strengthen the city’s role in regional gold pricing, supported by large bullion flows linked to mainland China, the world’s largest gold consumer. Hong Kong is also expanding its bullion infrastructure. SF Holding plans to develop a vault near the airport, w

ASSET MANAGEMENT

2 days ago

The Missing Layer in Family Office Investing (1)

ESG-AI Governance for Family Offices and Wealth Managers A weekly series published in partnership with AsiaFirst The Gap Nobody Is Pricing In by Alfons Futterer How an ungoverned AI and ESG blind spot is quietly eroding returns in private portfolios — and why most family offices have not yet noticed. Eighty-six percent of family offices are now using AI in their operations. Sixty-five percent plan to increase AI as a strategic priority in their portfolios. And yet, in a recen

FAMILY OFFICES

6 days ago

VIDEO RECAP
w/e

29th May 2026

EVENTS

INSIGHTS

PEOPLE MOVES

HSBC Taiwan Private Banking Names Edward Chiu for Key Role

6 days ago

Howden Names New Hong Kong CEO as Asia Expansion Continues

May 18

Singapore Reappoints Gan Kim Yong as MAS Chairman

May 15

LGT Appoints Ex-Stanchart Thailand CEO to Expand Wealth Management for Thai Families

May 15

South Korea Keeps BIS Board Seat as Shin Begins Three-Year Term

May 14

HKMA Reshuffles Five Executive Director Roles in Leadership Planning

May 12

UBS Reshuffles Southeast Asia Wealth Management Leadership Team

May 11

Banks Strengthen Hong Kong Corporate Banking Leadership

May 6

Southeast Asia Private Banking Expansion Strengthens as Lombard Odier Hires DBS Veteran

May 1

Family Office Advisory Demand Rises as Bank of Singapore Expands Team

Apr 30

Singapore Finance AI Jobs Concerns Rise Among Professionals, ACCA Says

Finance professionals in Singapore are increasingly using artificial intelligence tools at work even as many remain concerned about the long-term impact on employment, according to the Association of Chartered Certified Accountants. The Singapore finance AI jobs survey found that 51% of respondents regularly use AI technologies, while 48% worry the technology could affect their careers. Despite those concerns, 81% said they remain confident in their ability to learn and apply

TECHNOLOGY

2 days ago

Hong Kong Wealth Hub Rise Over Switzerland Seen as “Milestone, Not Finish Line”

Hong Kong’s Financial Services Development Council said the city’s rise above Switzerland as the world’s leading booking centre for cross-border wealth represents an important achievement but not the endpoint of its ambitions as an international financial centre. The Hong Kong wealth hub assessment follows findings in Boston Consulting Group’s 2026 Global Wealth Report highlighting the shift. FSDC executive director Rocky Tung said the Hong Kong wealth hub remains well positi

WEALTH MANAGEMENT

5 days ago

Moonfare Family Office Demand Drives APAC Private Markets Growth

Family offices in Australia and Singapore are driving rapid regional expansion for Moonfare, with assets on the private markets platform increasing around 2.5 times during 2025, according to regional head Adam Banks. The Moonfare family office demand trend has helped make Asia Pacific the company’s fastest-growing region globally, while Australia has become its fastest-growing individual market worldwide. The Berlin-based platform gives accredited and institutional investors

FAMILY OFFICES

5 days ago

Hong Kong Mainland Client Checks Tighten at Banks

Hong Kong banks are tightening scrutiny of mainland Chinese clients opening savings and investment accounts as Beijing intensifies efforts to curb illegal cross-border trading and capital outflows. The Hong Kong mainland client checks have expanded across several major lenders in the city, according to people familiar with the matter. Some large Chinese banks in Hong Kong have reportedly suspended the opening of investment and wealth-management accounts for mainland residents

REGULATION

5 days ago

Vietnam Foreign Exchange Procedures to Be Simplified From July

Vietnam’s central bank will simplify 11 administrative procedures covering foreign exchange management from July 25, 2026, under a new circular aimed at improving efficiency and decentralising approvals. The Vietnam foreign exchange procedures reforms cover foreign borrowing, overseas lending, international bond issuance, indirect investment and foreign currency accounts held abroad. Circular No. 17/2026/TT-NHNN amends and supplements five legal documents and requires the Sta

REGULATION

5 days ago

Singapore Private Bank Onboarding Target Set at One Month

Singapore aims to reduce private bank account opening times for wealthy clients to within one month by the end of 2026 as authorities seek to strengthen the city-state’s position as a trusted global wealth management hub. The Singapore private bank onboarding initiative is being led by the Monetary Authority of Singapore together with the Private Banking Industry Group. MAS managing director Chia Der Jiun said onboarding currently takes around six weeks or longer for more com

WEALTH MANAGEMENT

6 days ago

ALL NEWS

TOP NEWS

Hong Kong Yacht Reforms Open Greater Bay Area Opportunities for Family Offices

The Virtual Family Office and Human Capital

Family Office China Allocation Set to Rise as Investors Diversify

Hong Kong Capital Inflows Strengthen Following Middle East Conflicts

DBS Wealth Centres Expansion to Add 54 Locations Across Asia-Pacific

Family Office Asset Allocation Shifts From Real Estate to AI, UBS Finds

HSBC Investment Banking Hong Kong Revival Led by CEO Client Push

Asia Wealthy Investors Remain Optimistic Despite Market Risks

HKEX New Listings Reach 62 as Hong Kong IPO Pipeline Expands

HKRSA & MPF – then, now and the future. A personal reflection from Jonathan Watkin

China Family Office Wealth Transfer Wave to Reach USD2.8tr

China Asset Investment Appetite Rises Among Global Investors

Hong Kong Gold Clearing Plan Moves Ahead of Singapore

The Missing Layer in Family Office Investing (1)

VIDEO RECAP w/e

29th May 2026

EVENTS

INSIGHTS

PEOPLE MOVES

HSBC Taiwan Private Banking Names Edward Chiu for Key Role

Howden Names New Hong Kong CEO as Asia Expansion Continues

Singapore Reappoints Gan Kim Yong as MAS Chairman

LGT Appoints Ex-Stanchart Thailand CEO to Expand Wealth Management for Thai Families

South Korea Keeps BIS Board Seat as Shin Begins Three-Year Term

HKMA Reshuffles Five Executive Director Roles in Leadership Planning

UBS Reshuffles Southeast Asia Wealth Management Leadership Team

Banks Strengthen Hong Kong Corporate Banking Leadership

Southeast Asia Private Banking Expansion Strengthens as Lombard Odier Hires DBS Veteran

Family Office Advisory Demand Rises as Bank of Singapore Expands Team

Singapore Finance AI Jobs Concerns Rise Among Professionals, ACCA Says

Hong Kong Wealth Hub Rise Over Switzerland Seen as “Milestone, Not Finish Line”

Moonfare Family Office Demand Drives APAC Private Markets Growth

Hong Kong Mainland Client Checks Tighten at Banks

Vietnam Foreign Exchange Procedures to Be Simplified From July

Singapore Private Bank Onboarding Target Set at One Month

VIDEO RECAP
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