Hong Kong has introduced 140 family offices through InvestHK and is on track to meet its target of 200 by 2025, Secretary for Financial Services and the Treasury Christopher Hui said. Hui highlighted the city’s strengths, including its mainland ties, tax system, and talent pool, attracting family offices seeking better asset allocations amid global uncertainties. The government is also engaging younger family members to showcase Hong Kong’s investment opportunities early. Beyond wealth management, family offices in Hong Kong are expanding into non-traditional assets such as green investments, art, and philanthropy. As a financial and cultural hub, Hong Kong has the expertise and resources to support these evolving needs, Hui said.