Global Leaders Gather at Wealth for Good Summit to Boost Hong Kong as Family Office Hub

Wealth for Good in Hong Kong Summit 2025 reinforces city's role as global family office hub, driving innovation, collaboration and lasting legacies

The Wealth for Good in Hong Kong Summit (WGHK) which has brought to Hong Kong some 360 influential global family office principals, visionary leaders and industry pioneers concluded today (March 26). Themed "Hong Kong of the World, for the World", the event demonstrated Hong Kong's unparalleled strengths as a bridge between East and West, where innovation, investment, and cross-cultural collaboration flourish.

Co-organised by the Financial Services and the Treasury Bureau and Invest Hong Kong (InvestHK), the third edition of the Summit delivered an influential platform for collaboration and innovation and drew global decision-makers from regions including the Mainland, Asia, Europe, the Americas, the Middle East, Africa and Hong Kong to engage in interactive discussions exploring how wealth can drive social progress and sustainable impact.

As a flagship event of the Wealth and Investment Mega Event Week during Hong Kong Super March, the WGHK was opened by the Financial Secretary, Mr Paul Chan. He said, "Family offices play a vital role in preserving family wealth, creating lasting influences through philanthropy worldwide and leading impact investment. As an international financial centre, we have a robust network of world-class financial service professionals and offer an extensive array of investment opportunities. In this city, international foundations, charities and non-governmental organisations come together to form a vibrant philanthropy network. We are also investing heavily to propel Hong Kong's development in innovation and technology like green tech and AI, benefiting the future of humanity. All these, together with the quality lifestyle in Hong Kong, the convergence of Eastern and Western cultures, the dazzling array of mega events, make Hong Kong the ideal place for family offices to thrive and realise their ambitions."

The Secretary for Financial Services and the Treasury, Mr Christopher Hui, stated that the well-received event reaffirmed Hong Kong's stature as a pre-eminent global hub for family offices. He said, "This vibrant city - a beacon of opportunity, a super connector between East and West, and a thriving hub for over 2 700 single family offices - is where your vision, your capital, and your passion can flourish. Together, we stand on the cusp of a new era, one where wealth is not just preserved but harnessed as a force for good, transcending borders and generations. I invite you to join us in a shared mission: to build, to learn, and to give. These three pillars will define our collaboration, inspiring you to leverage Hong Kong's unique ecosystem to create a lasting impact."

The Director-General of Investment Promotion at InvestHK, Ms Alpha Lau, said, "Hong Kong is Asia's leading global hub for wealth management, innovation, and sustainable investment. The WGHK again proved to be an exceptional platform for thought leadership, uniting global family offices to exchange ideas and drive positive change while leveraging the city's robust financial infrastructure and connectivity. At InvestHK, we are dedicated to supporting global investors in unlocking new opportunities and making a lasting impact in Asia and beyond."

The WGHK featured a distinguished lineup of international speakers who shared insights on the transformative power of wealth. Through insightful sharing of speakers on three sub-themes at panel discussions, participants delved into the evolving landscape of art, culture and luxury, the strategic delivery of impact philanthropy, and the expanding role of technology and artificial intelligence in driving sustainable wealth creation. There was also a fireside chat discussing on the theme "Crafting Success Across Continents and Industries".

Many speakers today rated Hong Kong highly as an ideal place for setting up family offices.

Founder of ADLEGACY, Mr Horst Bente, said, "Hong Kong has always been a special place for our family. The expansion of the company in the '60s and '70s to Asia came through Hong Kong. My parents and I were here when I was a little boy, so we've spent a lot of time in this city. To me, Hong Kong has always been the gateway to Asia. Investors are here, money is here, and obviously the talent is here. Hong Kong has a dynamic energy, brand-new facilities, and a genuine enthusiasm for sports. We want to be part of that and help create something that doesn't exist here yet."

The Vice Chairman of Swarovski International Holding, Mr Robert Buchbauer, said, "When I look at Hong Kong, I see a city that offers stability, predictability, and an environment that is business-friendly - key elements for any family office seeking a solid foundation for long-term growth. People in Hong Kong want to do business, and that entrepreneurial spirit hasn’t changed. It's what makes Hong Kong so dynamic and a perfect place for legacy-focused companies like ours to explore new partnerships and paths for growth."

The Co-founder and Chairman of Alibaba Group, Mr Joe Tsai, said, "I first discovered Hong Kong in the 1980s, and it struck me as a truly international city with an unmatched entrepreneurial energy. Even through challenging times, Hong Kong's free-market DNA, vibrant financial markets, and supportive tax environment stand out - making it, in my view, one of the best places for businesses and family offices to thrive."

The Summit concluded with a Gala Dinner, uniting family offices and industry leaders from around the world for an evening of connections and insight-sharing. Set against the stunning backdrop of Victoria Harbour and Hong Kong's iconic skyline, attendees engaged in meaningful discussions about family legacies and opportunities, and appreciated the city's energy, entrepreneurial spirit, and commitment to fostering innovation and collaboration.

Wealth for Good in Hong Kong Summit 2025 reinforces city's role as global family office hub, driving innovation, collaboration and lasting legacies Source: HKSAR Government Press Releases

Wealth for Good in Hong Kong Summit 2025 reinforces city's role as global family office hub, driving innovation, collaboration and lasting legacies Source: HKSAR Government Press Releases

Wealth for Good in Hong Kong Summit 2025 reinforces city's role as global family office hub, driving innovation, collaboration and lasting legacies Source: HKSAR Government Press Releases

Wealth for Good in Hong Kong Summit 2025 reinforces city's role as global family office hub, driving innovation, collaboration and lasting legacies Source: HKSAR Government Press Releases

Wealth for Good in Hong Kong Summit 2025 reinforces city's role as global family office hub, driving innovation, collaboration and lasting legacies Source: HKSAR Government Press Releases

Wealth for Good in Hong Kong Summit 2025 reinforces city's role as global family office hub, driving innovation, collaboration and lasting legacies Source: HKSAR Government Press Releases

CHP urges public to promptly receive seasonal influenza vaccination as severe paediatric influenza infection case reported

The Centre for Health Protection (CHP) of the Department of Health (DH) today (February 15) recorded a severe paediatric influenza infection case, the fifth case this year. The CHP reiterated its reminder to parents to arrange for their children to receive a free seasonal influenza vaccination (SIV) promptly. The SIV remains one of the most effective methods of preventing influenza and its complications and can reduce the risk of serious complications or death from infection.

The case involves a 15-year-old boy with underlying diseases. On February 12, he developed a fever. He was sent to theAccident and Emergency Department of Caritas Medical Centre the following day (February 13) due to persistent fever and was admitted on the same day. He subsequently developed desaturation and shock, and was transferred to the paediatric intensive care unit of Princess Margaret Hospital for further treatment today because of worsening conditions. His respiratory specimen tested positive for influenza A virus upon laboratory testing. The clinical diagnosis is influenza A infection complicated with pneumonia and heart failure. He is currently in serious condition.

A preliminary investigation revealed that the boy has not yet received the 2025/26 SIV. He is a resident of a special school. A recent influenza outbreak was recorded in his school dormitory. The CHP staff has conducted site visit and advised the school to strengthen a series of infection control measures. Chemoprophylaxis against influenza was given to unaffected students and staff. The boy's family members are asymptomatic. The CHP's investigation is ongoing.

So far this year, five severe paediatric influenza cases have been recorded, involving children aged between 6 months and 15 years old. Three of the affected children had not received an SIV, including one case who received the 2025/26 SIV only three days before the onset of illness. As the patient was not protected by the vaccine, the case is not counted as being vaccinated. During the summer influenza season ending in early January, 25 severe paediatric influenza cases were recorded, including three fatal cases and involving children aged between 6 months to 17 years old. Among them, 20 cases (80 per cent) had not received an SIV (including one case who received the 2025/26 SIV only four days before the onset of illness).

"Although the influenza activity in Hong Kong is currently at a low, influenza activity still remains at a relatively high level in many popular travel destinations for Hong Kong citizens, such as some areas in North America and Europe. Moreover, the overall influenza activity has increased again in Korea and Japan recently, with the major circulating virus strain having changed from the earlier influenza A (H3) to influenza B. With the increase in cross-border travel and the number of incoming visitors in the Chinese New Year, the risk of influenza transmission will also increase. Moreover, based on past experience, Hong Kong's winter influenza season typically occurs in the first quarter. With the persistent cold weather and the possibility of a change in circulating virus strains, it cannot be ruled out that the influenza activity will increase again later. Receiving SIV is still one of the most effective ways to prevent seasonal influenza and its complications. Vaccination also reduces the risk of hospitalisation and death from infection. The public should receive vaccination as soon as possible regardless of staying locally or planning to travel abroad, as it takes about two weeks after vaccination for antibodies to develop in the body for sufficient protection against the influenza virus. All individuals aged 6 months or older, except those with known contraindications, should act promptly if they have not yet received an SIV, including those who contracted influenza in the past few months, in order to safeguard personal health," the Controller of the CHP, Dr Edwin Tsui, said.

"Recently, outbreaks of influenza continue to occur in schools. For children who did not join the SIV School Outreach Programme, parents should promptly bring their children toprivate doctorsenrolled in the Vaccination Subsidy Scheme to receive an SIV. In addition, the SIV coverage rate for children aged 6 months to under 2 years is only about 25 per cent. Although this represents an approximate 2 percentage point increase compared to the same period last year, it is still much lower than that of other age groups. Through the Primary Healthcare Commission, the CHP has urged family doctors to assist in encouraging parents to allow their children to receive an SIV," Dr Tsui added.

He also reminded members of the public that, especially for children, the elderly and those with underlying illnesses, they should seek medical advice promptly for early treatment if they present with fever and respiratory symptoms. As children with influenza can deteriorate rapidly, parents must pay close attention to their children's condition. They should go to an Accident and Emergency Department immediately if the child's condition deteriorates, for example, if they develop symptoms such as shortness of breath, wheezing, blue lips, chest pain, confusion, a persistent fever or convulsions.

Separately, high-risk individuals should wear surgical masks when staying in crowded places. People with respiratory symptoms, even if mild, should wear a surgical mask and seek medical advice promptly. They should also consider whether to attend work or school.

Members of the public may refer to the CHP'sCOVID-19 & Flu Express,Seasonal Influenza Webpage,COVID-19 Vaccination Programme Webpage, andVaccination Schemes Webpage, for the latest information.

Source: AI-found images