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Hong Kong steps up efforts to lure billionaires to set up family offices

HONG Kong officials are planning roadshows across the Middle East, Europe, South-east Asia and the Chinese mainland to lure the super-rich to set up family offices in the city, as part of a strategy to bolster its position as an international asset and wealth management hub.

The move comes as Hong Kong tries to reboot its image and economy, which have suffered as a result of strict Covid policies and an exodus of tech and financial talent. The city recently lost its title as Asia's top financial...

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