"Hong Kong's government announced a series of measures on Friday to attract wealthy family offices to set up in the financial hub as authorities try to restore business confidence and investor allure after three years of severe COVID-19 rules.
A revamped investment migration scheme, new tax concessions and incentives such as art storage facilities at the city's international airport will be part of the offerings for family offices in the Chinese special administrative region, the government said in a statement."
https://www.reuters.com/world/china/hong...0statement.
HSBC hosted a wine-and-dine event with its clients and Grammy-winning recording artist Pharrell Williams on Wednesday to promote the launch of a new offering that allows high-net-worth individuals to get loans using "passion assets" such as art as collateral.
Attendees at the event on Friday include CP Group's senior chairman Dhanin Chearavanont and his eldest son Soopakij. The Chearavanonts, whose members have dominated Thailand's billionaires list for decades, plan to set up a family office in Hong Kong to invest the clan's fortunes, which is seen as a coup and boosts the city's ambition of becoming Asia's wealth-management hub.
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If children @ 18 yo wishes to join PLA most welcome.
Defending family's treasures
(25-03-2023, 09:07 AM)Odessy Wrote: [ -> ]HongKong is still China
For the super rich it is too near for comfort
AngMohs will freeze and sanction especially China Chinese
So it is very obvious where to park
Microsoft turns 30 years in China
(25-03-2023, 07:15 AM)K88 shu shu Wrote: [ -> ]trying to eliminate Sg.
Who says that?
Singapore is world's 3rd biggest financial centre.
Hongkong needs to learn from Singapore.
(25-03-2023, 06:31 AM)Scythian Wrote: [ -> ].
If children @ 18 yo wishes to join PLA most welcome.
Defending family's treasures
PLA not so easy to get in hor!
(25-03-2023, 09:32 AM)cityhantam Wrote: [ -> ]PLA not so easy to get in hor!
Singapore SAF NS is the most difficult to get out