{"id":7219,"date":"2024-03-18T16:51:08","date_gmt":"2024-03-18T08:51:08","guid":{"rendered":"https:\/\/mpl.hk\/?p=7219"},"modified":"2024-03-25T17:53:50","modified_gmt":"2024-03-25T09:53:50","slug":"hong-kong-houses-over-2700-sfos-report-over-500-of-these-sfos-fall-under-the-us10m-us30m-wealth-level","status":"publish","type":"post","link":"https:\/\/mpl.hk\/hong-kong-houses-over-2700-sfos-report-over-500-of-these-sfos-fall-under-the-us10m-us30m-wealth-level\/","title":{"rendered":"Hong Kong houses over 2,700 SFOs: report Over 500 of these SFOs fall under the US$10m-US$30m wealth level"},"content":{"rendered":"
Hong Kong is home to over 2,700 single-family offices (SFOs), a Deloitte market study commissioned by InvestHK revealed.<\/p>\n
The study categorised these SFOs into four varying wealth brackets. The data showed that within the US$10m-US$30m wealth tier, there are 535 SFOs.<\/p>\n
The number increases in the subsequent wealth levels, with 601 SFOs in the US$30m-US$50m tier, 682 in the US$50m-US$100m bracket, and 885 in the US$100m+ tier.<\/p>\n
Hong Kong recently invested more in the development of a world-class family office regime to establish the city as a family office centre.<\/p>\n
In 2023, the government announced several policy measures for Developing Family Office Businesses in Hong Kong.<\/p>\n