The fourth edition of the Wealth for Good in Hong Kong Summit concluded today, bringing together over 400 influential top family office decision-makers, next-generation successors, industry leaders and pioneers from around the world to explore new perspectives for multi-generational succession and sustained wealth growth for global family offices.

Co-organised by the Financial Services & the Treasury Bureau and Invest Hong Kong, under the theme “Building Lasting Legacies”, the summit drew family office decision-makers from Asia, Europe, the Americas, the Middle East, Oceania and Africa to Hong Kong for in-depth discussions on topics ranging from cross-generational wealth management and cultural legacy to technological innovation and philanthropy.

Delivering remarks at the gala dinner, Financial Secretary Paul Chan said that facing risks and uncertainty, investors diversify by necessity. Families seeking to preserve their legacy look for a safe haven - not merely a place to park capital, but a place with institutional strengths, legal clarity and credible commitments.

“Hong Kong is not only a safe harbour. It is also a city of business opportunities, and a platform for growth, for connection and for the purposeful deployment of capital. For families from around the world, Hong Kong is, no doubt, the best gateway to tap the enormous opportunities on the Mainland.”

Deputy Financial Secretary Michael Wong delivered welcome remarks at the summit, noting that the world is getting more uncertain. He said many conflicts are escalating and proceeding in a manner that is increasingly worrying and concerning. Against this global backdrop, Hong Kong offers something that is quite rare and precious.

“Under 'one country, two systems', Hong Kong provides an economic and business environment with policy predictability and institutional trust. Our common law legal system, independent judiciary, open economy, free flow of capital, freely convertible currency and simple tax regime all work together to provide a welcoming and dependable home for wealth that lasts through generations.”

Also speaking at the summit, Secretary for Financial Services & the Treasury Christopher Hui said: “As we gather under the visionary banner of 'Building Lasting Legacies', I want to frame our discussions through a lens that truly defines Hong Kong: Safe, Stable and Sophisticated. It is the bedrock upon which global family offices are choosing to build, preserve and multiply generational wealth.

“Our Government remains fully committed to strengthening this foundation to drive Hong Kong as a nexus of legacies and innovation.”

This year's summit featured one fireside chat and three panel discussions. The fireside chat explored how sports and philanthropy can complement each other to create positive impacts.

The three panel discussions invited helmsmen of internationally renowned family businesses, brand leaders and tech pioneers to delve into cross-generational wealth planning and family governance, brand building and how cutting-edge technologies are co-building the future.

The summit concluded with a gala dinner where worldwide family office decision-makers and industry leaders continued their exchanges, delving into cross-generational succession, asset allocation and collaborative opportunities.