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Cao Li

As innovations arise from the artificial intelligence, robotics and biotechnology sectors, holders of family capital from around the world will convene in Hong Kong to discuss such investment opportunities at the city’s fourth annual Wealth for Good Summit on March 23 and 24.
Secretary for Financial Services and the Treasury Christopher Hui Ching-yu said the summit would showcase Hong Kong’s position as a premier hub for family capital seeking long-term growth and multigenerational legacy.
Launched in March 2023 to attract global family offices and high-net-worth individuals, the event this year would bring together top family office leaders and next-generation wealth successors to discuss intergenerational investing, impact investing, philanthropy and family governance, Hui said in a blog post on Thursday.
The event last year attracted about 360 influential global family office principals, leaders and industry pioneers.
Amid rising geopolitical uncertainty, Hong Kong increasingly stood out as a stable safe haven and preferred hub for wealthy families seeking long-term wealth preservation, Hui said, citing the city’s forward-looking policies, stable system and close alignment with long-term national strategy in an era of uncertainty.
“Industry insiders have pointed out that wealthy investors are reassessing their global asset allocation and are increasingly inclined to channel more of their wealth into Hong Kong in search of a more stable haven,” Hui said.
Hong Kong had long been an ideal base for family offices, with its wealth-management expertise, its cultural, legal and innovation strengths, and its role as a bridge between China and the world, he added.

“To showcase the power of smart innovation, the forum will open with a robot performance highlighting the rapid development of robotics technology in mainland China,” Hui said. Founders and senior executives from the fields of AI and robotics will speak at the event.
The summit will also feature speakers from Hong Kong brands with international reach and global brands with a strong local presence, who will discuss how Hong Kong and the mainland markets can help deepen brand-community ties and create opportunities for family office investors.
By the end of last year, Hong Kong housed nearly 3,400 single-family offices – entities set up to manage investments, succession planning and philanthropy. These contributed HK$12.6 billion (US$1.6 billion) annually to the economy, according to a report published by Deloitte last month.
About half of the single-family offices had over US$50 million in assets under management, the report said.
The Hong Kong government last year set a target of attracting 220 additional family offices between 2026 and 2028.


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Fourth edition of summit comes as Hong Kong pursues goal of attracting 220 additional family offices by 2028


Fourth edition of summit comes as Hong Kong pursues goal of attracting 220 additional family offices by 2028.


Hong Kong’s Wealth for Good Summit to highlight AI, robotics, biotech opportunities

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}Fourth edition of summit comes as Hong Kong pursues goal of attracting 220 additional family offices by 2028

Fourth edition of summit comes as Hong Kong pursues goal of attracting 220 additional family offices by 2028