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‘Your capital is safe’ in Hong Kong, financial secretary reassures family offices

SCMP LogoSCMP6h ago

‘Your capital is safe’ in Hong Kong, financial secretary reassures family offices - SCMP

Quick Summary:

The China-US tariff war underscores Hong Kong’s soundness as a stable destination for wealthy families’ investments, Paul Chan says.

Over the past week, the Hong Kong stock market had an average daily turnover of around HK$360 billion (US$46.4 billion), about 2.8 times that in 2024.

Family offices – corporations established by wealthy individuals or families to pursue investment, philanthropy and succession planning – value a secure and predictable investment environment, Chan said.


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Article Details

Author / Journalist: Aileen Chuang

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-16 @ 15:00:09 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 292 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 49 words per sentence (average)

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

Copyright Owner: © SCMP

News ID: 27943774

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About SCMP

SCMP Logo

Main Topics: Business

Official Website: scmp.com

Update Frequency: 10 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 1 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

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The story "‘Your capital is safe’ in Hong Kong, financial secretary reassures family offices" was covered 6 hours ago by SCMP, a news publisher based in Hong Kong.

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  • URL: https://beamstart.com/news/your-capital-is-safe-in-17447869848871

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