Global family offices boost interest in HK amid trade tensions

Family offices from Dubai, Saudi Arabia, the UK, and other regions are increasingly establishing a presence in Hong Kong, attracted by the city’s financial vibrancy and role as a gateway to mainland China. Jonathan Watkin, Vice Chairman of the Asian Family Office Association, noted growing interest during the “Wealth and Investment Expo”, with family offices eager to tap into opportunities in Hong Kong and China’s tech sector. Despite ongoing US-China trade tensions, experts remain optimistic about Hong Kong’s future. Xia Le, IFF Academic Committee member and BBVA’s Chief Economist for Asia, highlighted Hong Kong’s unique status as a free port, allowing it to bridge trade and attract investment in a rapidly evolving global landscape.