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Global wealthy families convene in HK for Standard Chartered forum



Over 200 representatives from some of the world's wealthiest families, including the Rockefellers, are convening in Hong Kong for Standard Chartered's inaugural Global Family Network Forum. The two-day event at the Four Seasons Hotel aims to facilitate networking, business development, and exploration of growth opportunities in the region. Tycoons from the Middle East, India, and Africa are attending, bolstering Hong Kong's position over rival financial centres in attracting assets and talent. Financial Secretary Paul Chan Mo-po will deliver a welcome speech, followed by discussions on family succession, investment strategies, and globalising family businesses. Hong Kong's assets under management grew 2.1% to HKD31.2tr (USD4tr) in 2023, with net fund inflows surging 342% to HKD389bn, according to government data.

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