May 18, 2024
Investment

Hong Kong’s family office push, investment scheme and US rate cuts to spur demand for yuan assets: Standard Chartered

The anticipated US interest-rate cuts, the Hong Kong government’s measures to attract family offices and the coming investment migration scheme will attract investors to yuan-denominated assets this year, according to a senior executive at Standard Chartered Bank. The lender, one of the three note-issuing banks in the city, believes the Federal Reserve will start cutting

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Investment

Exclusive | Hong Kong’s revamped cash for residency scheme to be ‘big boost’ for capital markets, family-office push, official says

“Many of them expressed interest in applying for residency in Hong Kong alongside their plans to set up family offices here. The trend will be a big boost for the city to develop into a global family office and wealth management hub.” Joseph Chan Ho-lim, Undersecretary for Financial Services and the Treasury, photographed in Admiralty

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