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Hong Kong family office boom: New SFOs jump 25% in two years

The number of single-family offices (SFOs) in Hong Kong has increased by around 25% over the past two years as the Asian financial hub continues to see strong growth momentum for its wealth management industry. Hong Kong has attracted an additional 681 SFOs to establish their businesses in the city since the end of 2023, when there were 2703 family…

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