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The Rise of Family Offices in Hong Kong | Tsangs Group Family Office

2023-07-06 02:10
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family office, finance, bank, iMoney, Tsangs group

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Hong Kong is aggressively positioning itself as a top-tier destination for family offices. With its well-developed financial services and banking industries, Hong Kong has the necessary infrastructure to establish itself as a global leader. iMoney Magazine invited Chairman Patrick P. L. Tsang to discuss the distinctions between single and multiple family offices. The family office sector is expected to benefit from the latest measures announced by the Hong Kong government to bolster the city's financial and professional services industry. Patrick suggested that the government could further enhance its efforts to promote the city's image by implementing more effective measures such as offering additional tax breaks, introducing favourable visa schemes, attracting and nurturing top talent, and creating a more conducive business environment. Staying ahead of industry trends and seizing opportunities through diversification are the keys to success at Tsangs Group.
Video credit: iMoney Magazine
Tsangs Group is an innovation-focused global family office that bridges East and West. Our mission is to invest in global opportunities that allow us to exert positive influence and drive positive impact in Hong Kong, Asia and beyond. Headquartered in Hong Kong, Tsangs Group has direct investments across the world, we seek out positive impact investments that reflect our values of innovation, sustainability, and togetherness. Our strategy is opportunistic and both sector and location agnostic. From fintech to entertainment to space travel, we are always investigating, analysing, and supporting the cutting edge of global innovation and development.

For more videos, please visit https://www.youtube.com/@TsangsGroup