HK hosts wealth summit
The Wealth for Good in Hong Kong Summit was held at the Hong Kong Palace Museum today, attended by over 100 key decision makers from global family offices and their professional teams from all over the world. It featured panel discussions on family office sharing, wealth for tech, for philanthropy, for green as well as for art. Speaking at the summit’s principal dinner, Chief Executive John Lee highlighted that Hong Kong's financial and banking sector is very healthy, with abundant liquidity levels. “We are built to handle today's, and tomorrow's, market pressures. Built to reassure you and your future in Hong Kong. “That resounding reassurance is built, ladies and gentlemen, on the unique ‘one country, two systems’ principle, implemented successfully in Hong Kong since 1997.” Mr Lee also pointed out that the Policy Statement on Developing Family Office Businesses in Hong Kong issued today, was wide-ranging. “It covers everything from tax concessions