Wealth Solutions & Wealth Planning

HSBC Global Private Banking response to Hong Kong's family office incentives

Aik-Ping Ng, Head of Family Office Advisory, Asia Pacific at HSBC Global Private Banking says that we continue to see rising interest in family offices from our ultra-high net worth clients, whose multifaceted and intergenerational needs would benefit from such a set-up. Hong Kong, as an international asset and wealth management centre, has a clear competitive advantage to serve the sophisticated needs of global business families and their family offices as they look to expand their operations in Asia and beyond.


We welcome the announcement of the “Policy Statement on Developing Family Office Businesses in Hong Kong” from the HKSAR Government which further consolidates Hong Kong’s position as a leading global family office hub.


As our clients adopt a longer-term strategic view towards wealth creation, protection and succession, HSBC Global Private Banking will continue to draw on its unique strengths as part of the wider HSBC group, leveraging our international connectivity and deep regional and local know-how to deliver a full suite of tailored wealth services and solutions for our clients.