China’s ‘long-term growth story’ draws European family offices to Hong Kong

Quick Summary:

Wealthy European families approve of Hong Kong’s family office-friendly policies, says wealth-management CEO of French bank BNP Paribas.

BNP Pariibas’ Vincent Lecomte, global head of wealth management (left), and Arnaud Tellier, Asia wealth-management CEO, pictured at The Henderson in Central on October 17, 2024.

He also said the cash-for-residency arrangement, known as the Capital Investment Entrant Scheme, would begin counting residential property investments toward eligibility.

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Article Details

Author / Journalist: Enoch Yiu

Category: Business

Markets: Hong KongChina

Topics: Long-term Hong Scheme Wealth Lecomte Wealthy Framework Family Kong Families Offices

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-21 @ 07:30:22 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 279 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 47 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23144518

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