Hong Kong Legislative Council report: Hong Kong family offices reached 3,384 by the end of last year, with assets under management exceeding HK$35 trillion.

The latest release of "Data Perspective" by the Research Group of the Legislative Council Secretariat of Hong Kong shows that as of the end of 2025, there are already 3,384 single-family offices operating in Hong Kong. Research data indicates that by the end of 2024, the scale of assets and wealth management in Hong Kong has reached HK$35.14 trillion, a significant increase of 45% compared to 2017. At the same time, the industry's latest estimates suggest that Hong Kong has 17,215 ultra-high-net-worth individuals, ranking second in the world after New York, bringing stable demand for family offices. The survey shows that 37% of single-family offices in Hong Kong have been operating for more than 11 years, reflecting a certain foundation of industry development.