Hong Kong is set to grow as a family office hub due to legislative changes and challenges in rival hubs, as highlighted by a Knight Frank report. In 2023, Hong Kong announced its goal of attracting at least 200 new family offices by 2025, with 136 planning to set up or expand operations by April. The report, “Rise of the Super Wealth Hub”, rated five financial centres, with Hong Kong excelling in urban prosperity, but lagging in lifestyle. Its connectivity to China, robust infrastructure, and strong legislative experience enhance its appeal for family offices. Knight Frank anticipates that despite ongoing turbulence and new barriers elsewhere, Hong Kong’s position as a global hub for family offices will continue to strengthen.