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Yuzhe Xiangjiang | John Lee: Hong Kong Has Gathered Over 3,380 Single-Family Offices
The government held a summit dinner tonight, inviting about 130 family office decision-makers and family members from Asia, Europe, the Americas, Oceania, and Africa. The event marked the opening of the 4th “Yuzé Hong Kong” Summit Forum with the theme “Building Legacy.”
Chief Executive John Lee expressed in his welcome speech that for many, the future may seem more uncertain and complex than last year’s gathering. However, despite the rapidly changing global landscape, Hong Kong remains steadfast, continuing to provide a solid foundation for capital, institutions, and families. In fact, more and more family offices are choosing to settle in Hong Kong. Currently, over 3,380 single-family offices are based here, a 25% increase from two years ago. More than half of the leadership is now held by second-generation or later members, reflecting the strong confidence of ultra-high-net-worth families in Hong Kong as a cross-generational legacy hub.
The dinner kicked off with a unique “Human-Machine Dragon Dance,” creating a lively atmosphere. Traditional lion dance combined with agile robotic dogs showcased a spectacular visual feast. This perfect blend of cultural tradition and cutting-edge technology embodies Hong Kong’s inclusive and innovative city spirit, aligning with the forum’s focus on artificial intelligence and robotics.
Tomorrow, family office decision-makers and heirs from around the world will discuss three core topics: “Asset Management Advantages in Achieving Family Wealth Legacy,” “Cultural Values as a Foundation for Thriving Markets,” and “Smart Technology Innovation Driving Capital Appreciation.” They will also explore forward-looking ideas during a “Sports and Charity” fireside chat.