Hong Kong Tycoon Urges Family Office Policy

Investment is not the only focus when developing a family office and Hong Kong needs to establish an ecological system to serve philanthropic purposes, The Standard reported a tycoon as saying.

Ronnie Chan, chairman of Hang Lung Group, told the Asian Financial Forum it is important to attract capital from outside the city and constantly keep it flowing in if Hong Kong aims to establish itself as a hub for family offices.

Read the full report: The Standard

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.