Middle East banks Hong Kong expansion is accelerating as geopolitical tensions push institutions and investors to diversify into Asia. InvestHK said more regional banks are considering setting up in Hong Kong, attracted by its low-tax regime and gateway role to China. Only four of the city’s 150 licensed banks are currently Middle East-based, but enquiries are increasing. The Middle East banks Hong Kong expansion trend is also supported by government efforts to attract family

Hong Kong family office tax push is gaining momentum as the Iran war dents Dubai’s appeal as a safe haven, prompting renewed interest from wealthy investors. Lawyers and consultants said enquiries have surged, with near-daily discussions with families considering setting up in the city. The government proposed expanding concessions to cover assets including gold, cryptocurrencies, private credit and overseas real estate, with legislation expected by June. Despite the momentum

Hong Kong family office allocations are expected to increase toward private equity and digital assets over the next three years, according to a report by the Hong Kong Institute for Monetary and Financial Research. The study found rising interest in private credit and venture capital as family offices expand alternative investment exposure. Based on a survey of 101 family offices conducted between October 2024 and April 2025, 44% of respondents managed at least USD1bn. Hong K

Family office philanthropy strategy is evolving as wealth passes to younger generations who are embedding structured giving more deeply into governance frameworks. Swiss private bank Pictet estimates about 17,000 family offices worldwide control more than USD10tr in assets, with nearly three‑quarters managing families’ philanthropy and impact ambitions. The shift is being reinforced by the great wealth transfer projected to reach USD70tr by 2045, with Cerulli Associates estim

Hong Kong family office investment survey findings show 91% of surveyed family offices have already invested in the city, highlighting its role as a major regional wealth hub. The study surveyed 101 institutions and interviewed more than 30 industry stakeholders, finding that over 80% managed at least USD50m while 44% oversaw portfolios exceeding USD1bn. Hong Kong had more than 3,380 single‑family offices by the end of 2025, up more than 25% in two years. The Hong Kong family

Deutsche Bank Asia wealth strategy is targeting affluent clients in mainland China, Hong Kong, Taiwan and the Philippines as investors diversify away from heavy US asset exposure. Senior executive Claudio de Sanctis said the shift creates strong opportunities for the lender’s private banking business, particularly in Hong Kong which he described as the region’s most dynamic wealth hub. Hong Kong and North Asian markets are expected to account for most of Deutsche Bank’s plann

Asian wealth shifting from Dubai is being discussed among family offices and wealthy investors after Iranian missile and drone attacks raised concerns about the Gulf’s stability. Advisers said several Dubai‑based clients each holding around USD50m in assets have sought advice on immediate transfers to Singapore or Hong Kong. Consultants and wealth managers reported new enquiries from 10 to 20 family offices and high‑net‑worth clients exploring relocation options. Analysts say

Haitong Shaw Investment partnership aims to support Chinese companies expanding overseas and seeking access to global capital markets. Haitong International Securities has partnered with Singapore‑based Shaw Investment APAC, a single‑family office managing about USD3bn in assets. The collaboration will facilitate outbound investments and cross‑border financing opportunities while leveraging Singapore’s role as a regional financial hub. The Haitong Shaw Investment partnership

Asia family office philanthropy is being urged to mobilise larger pools of capital as the United Nations faces growing funding pressure. Commentators say fragmented giving can no longer address the widening SDG funding gap. UN Secretary‑General António Guterres has warned of an imminent financial collapse as unpaid dues and peacekeeping arrears increase. The OECD estimates the annual global SDG funding gap at USD3tr to USD4tr. With 74% of Asia‑Pacific family offices already e

Hong Kong family office gold hub ambitions may benefit from escalating Middle East tensions as investors consider shifting assets away from the region, analysts said. Market strategist Kenny Tang said Hong Kong could attract funds that might otherwise flow to Dubai, citing the city’s deep capital markets and free capital flows. The Hong Kong family office gold hub strategy follows the government’s latest budget pledging tax incentives for bullion trading, expanded vault capac

Hong Kong budget family offices initiatives aim to strengthen the city’s appeal to global investors through tax expansion, infrastructure upgrades and digital finance development, according to IQ-EQ managing director Clare Chang. She said widening eligibility to include funds-of-one and recognising assets such as digital tokens and precious metals reflects how wealthy families structure portfolios combining private equity, private credit, real assets and co-investments. The H

Raffles Family Office platform for Asian asset managers will be launched through a venture called Quantive Partners in partnership with wealth-tech firm GoUpscale and consultancy Synpulse. The privacy-first Raffles Family Office platform aims to reduce fragmentation caused by multiple custodians, portfolio tools and data sources while improving data integrity, risk visibility and client engagement. Raffles Family Office will act as anchor partner, GoUpscale will build the res

Family offices frontier science investing is accelerating as wealthy Asian families expand allocations to sectors such as space technology and longevity biotech. The Venture Network founder Lachezar Zanev said younger heirs are increasingly pursuing both outsized returns and social impact through emerging scientific industries. Lower launch costs and improving satellite capabilities, alongside biotech advances moving toward clinical applications, are widening the opportunity

Hong Kong family office tax exemptions could widen as authorities seek to strengthen the city’s position as a global wealth hub. Financial Services and the Treasury Secretary Christopher Hui said the government plans to expand profits-tax exemptions for eligible family offices and funds to include assets such as private credit, gold and commodities, carbon credits, insurance-linked securities and certain digital assets. The Hong Kong family office tax exemptions proposal will

Hong Kong independent wealth managers model changes are accelerating as private banks tighten compliance requirements and ultra‑rich clients demand broader advisory expertise. Industry executives ahead of the Hubbis Independent Wealth Management Forum Hong Kong 2026 said banks are institutionalising client relationships with heavier onboarding including source‑of‑wealth checks. The Hong Kong independent wealth managers model shift reflects growing demand from families for gov

Asia family offices multi hub model adoption is accelerating as wealthy families diversify geographic bases across Singapore, Hong Kong and the UAE, according to advisers and IQ‑EQ research. Asia accounts for about 30% of the world’s single‑family offices, with roughly 40% formed over the past 15 years as new wealth expands rapidly and governance needs deepen. The Asia family offices multi hub model is driven by rising allocations to alternatives such as private equity, real

Hong Kong investment immigration scheme demand is rising as the New Capital Investment Entrant Scheme received 3,166 applications implying about HKD95bn (USD12.2bn) of investment commitments, Invest Hong Kong said. More than 1,760 applicants have completed investments and obtained formal approval from the Immigration Department. Nearly 40% of deployed capital, or HKD21.4bn, went into Securities and Futures Commission‑approved funds while HKD16.1bn or 29% was invested in equit

The Financial Services Development Council welcomed the Hong Kong budget Finance+ agenda, saying measures in the 2026-27 Budget will deepen market liquidity and strengthen the city’s role as a global financial centre and international gateway for cross-border capital. Chairman Benjamin Hung said the multipronged approach supports building a fuller debt market and a more efficient yield curve, while executive director Rocky Tung praised plans to modernise capital markets, incl

Raffles Family Office welcomed Hong Kong’s 2026-27 Budget, saying proposed enhancements to the family office tax regime would help cement the city’s position as a global wealth hub, while urging policies to cover both single- and multi-family offices in tandem, Group CEO Chi Man Kwan said. He pointed to a government-backed market study showing Hong Kong had more than 3,380 single-family offices by end-2025, up over 25% in two years. The budget includes plans to legislate this

Asian families with family offices in Singapore are increasingly adding bases in Hong Kong, Dubai and Abu Dhabi as they pursue investable assets, Standard Chartered’s Raymond Ang said, highlighting an Asian family offices multi-base strategy. Singapore will remain the bedrock for family offices in Asia, he said, but other centres play different roles, from Hong Kong’s capital markets to the Gulf as a gateway to the West. Singapore had more than 2,000 single-family offices at