新型冠状病毒

Hong Kong woos family offices in bid to boost post-Covid growth

City’s annual budget targets economic recovery with consumption stimulus and incentives for homebuyers

Hong Kong will host an “invitation only” meeting for some of the world’s richest family offices next month, as the city battles Singapore to attract private wealth and resuscitate its pandemic-battered economy.

The Wealth for Good in Hong Kong summit in late March will target representatives of some of the world’s richest families, according to three people with knowledge of the situation.

The event would be aimed at the biggest family funds in the Middle East and China, and a smaller number from the US and Europe, two of the people said, adding that invitations were addressed from Hong Kong’s chief executive John Lee.

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