Wealth for Good in Hong Kong 24 March 2023 Hong Kong Palace Museum
Hong Kong convenes over 100 global family office leaders and their professional teams at WGHK Summit,
unveils new policy plans
unveils new policy plans
The Wealth for Good in Hong Kong Summit welcomed global family office principals, based out of Hong Kong, the Mainland, North America, Europe, Asia, and the Middle East. The summit featured keynote speeches from senior government officials, as well as plenary sessions with key insights on the opportunity ahead. Demonstrating the dynamic East meets West culture, four key areas of wealth creation in Hong Kong, Art, Technology, Green investing and Philanthropy were highlighted, giving family offices a window into the growing possibilities in Asia’s World City.
‘Under the innovative principle of "one country, two systems", Hong Kong is bestowed with the unparalleled advantage of having the strong support of our country, while maintaining robust connectivity with the rest of the world. It ensures that our embrace of capitalism, buttressed by the common law system, remains as strong as ever.’
John Lee, The Chief Executive, HKSAR
‘Our world-class financial infrastructures plus a diversified and efficient capital market that connects the Mainland and the global capital markets put us in the forefront as a leading asset and wealth management hub in the world.’
Paul Chan, The Financial Secretary, HKSAR
‘We are committed to providing a conducive environment for global family offices to thrive in Hong Kong. A comprehensive set of policy measures is now in place tailored to the holistic and unique needs of family wealth owners.’
Christopher Hui,
The Secretary for Financial Services and the Treasury, HKSAR
Global business leaders expressed their shared belief of Hong Kong as a thriving hub of family offices with growing opportunities extending to the Greater Bay Area.
(From left to right)
Andrew L. Cohen
(Executive Chairman, Global Private Bank, J.P. Morgan),
Adam Kai Fai Kwok
(Executive Director, Sun Hung Kai Properties Limited),
Efrat Peled
(Chairman and CEO, Arison Investments),
Paul Desmarais III
(Chairman and CEO, Sagard),
Philip Sohmen
(Founder and CEO, Kiri Capital)
Distinguished art enthusiasts expressed that Hong Kong is an arts and cultural capital with legal and tax regimes benefitting a cost-efficient home for art galleries, auction houses and wealth creation.
(From left to right)
Amy Lo
(Co-Head UBS Wealth Management APAC;
Head and Chief Executive UBS Hong Kong Branch,
Group Managing Director),
Bernard Charnwut Chan
(Chairman, M Plus Museum Limited),
Uli Sigg
(Collector, Entrepreneur, Former Diplomat, Sigg Collection),
Noah Horowitz
(CEO, Art Basel)
Across the board, tech leaders viewed Hong Kong as a centre of rapid innovation and technology with cutting edge renewable energy and AI investment opportunities.
(From left to right)
Christopher Hui
(The Secretary for Financial Services and the Treasury, HKSAR),
Jerry Yang
(Founding Partner, AME Cloud Ventures;
Co-founder and former CEO, Yahoo! Inc),
Richard Li
(Chairman and Chief Executive, Pacific Century Group),
Neil Shen
(Founding and Managing Partner, Sequoia China),
KK Wong (Co-Founder, Xiaomi; Director, Xiaomi Foundation)
Global trailblazers of sustainability recognized the city’s potential to be a green force for good as the largest financial centre in the world’s second largest economy.
(From left to right)
Poman Lo
(Founder, Institute of Sustainability and Technology;
Founder and Managing Partner, Alpha Trio Capital;
Vice Chairman, Regal Hotels International),
Hiromichi Mizuno
(Telsa Board member; Ex CIO, GPIF;
Former United Nations Special Envoy for
Innovative Finance and Sustainable Investments),
Jean Eric Salata
(Chairman of EQT Asia; Head of BPEA EQT),
Jun Ma
(Chairman and President,
Hong Kong Green Finance Association),
Cheuk Wan Fan
(Chief Investment Officer, Asia,
HSBC Global Private Banking and Wealth)
Pioneers of philanthropy described the city as philanthropic centre driving positive impact for generations to come.
(From left to right)
Ronnie C. Chan
(Chair, Hang Lung Properties Limited),
Gabriel Leung
(Executive Director, Charities and Community,
The Hong Kong Jockey Club),
Robert Rosen
(Director, Philanthropic Partnerships,
Bill & Melinda Gates Foundation),
Chong Chen
(President and Party Secretary of the CPC Committee,
Guoqiang Foundation; Non-executive Director,
Country Garden Holdings Company Limited),
Ronna Chao
(CEO, Novel Investment Partners Limited)
A dynamic business and cultural melting pot where East meets West to offer global access and secure opportunities.
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