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Multifamily offices could yield bigger benefits for Hong Kong, industry executive says

SCMP LogoSCMP9h ago

Multifamily offices could yield bigger benefits for Hong Kong, industry executive says - SCMP

Quick Summary:

Hong Kong can boost its economy, create jobs and generate positive global image with multifamily offices, Raffles Family Office CEO says.

Meanwhile, there were only “a couple of hundred” multifamily offices in Hong Kong, according to a March report by the Centre for Family Business at the Chinese University of Hong Kong.

These “institutional-grade entities” would contribute to the city’s financial ecosystem, he added.


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Article Details

Author / Journalist: Aileen Chuang

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-13 @ 08:30:08 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 217 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 28648331

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About SCMP

SCMP Logo

Main Topics: Business

Official Website: scmp.com

Update Frequency: 13 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 2 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

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