Secretary for Financial Services & the Treasury Christopher Hui launched the Hong Kong Family Office Nexus Digital Knowledge Hub at the inaugural Bloomberg Family Office Summit today.

Mr Hui said this new digital platform, as part of the Hong Kong Family Office Nexus initiative, will assist family offices at the forefront of wealth management innovation and enable them to thrive in Hong Kong, where private wealth meets opportunities in Asia.

The bureau has joined forces with Invest Hong Kong, the Hong Kong Academy for Wealth Legacy and Bloomberg LP to deliver a series of projects and resources to support Hong Kong's family office sector, including the Hong Kong Family Office Nexus announced last October.

The newly-launched Digital Knowledge Hub is a go-to resource dedicated for family offices in Hong Kong and around the world, bringing them the latest information covering community building, knowledge sharing, technology support and philanthropic collaboration.

Content ranging from expert insights and industry best practices to practical guidance on investment strategies, governance, technology adoption and philanthropy, as well as reports and events worthy of family offices' attention will be updated from time to time on the knowledge hub. Apart from carefully curated content, registered members can also access exclusive content through this dedicated database for the family office community.

Mr Hui said: “With this knowledge hub, we are not just providing information; we are building a dynamic, evolving resource tailored to the needs of family offices.

“Whether it is navigating emerging investment trends, leveraging technology, or deepening philanthropic impacts, this platform will serve as a trusted guide.”

Noting that family offices are shaping the future of global wealth management with Hong Kong at a unique position to support their growth, Mr Hui said he looks forward to seeing family offices thrive in the city and contribute to the broader financial and philanthropic landscape.

Head of Asia Pacific at Bloomberg Bing Li said Hong Kong is fast becoming one of the world's most attractive destinations for new and growing family offices, adding that the knowledge hub is a small but important step in providing support to the family office community.

Also at the summit, the financial services chief joined an exclusive discussion for leading family offices to present ways to leverage Hong Kong's professional services and philanthropy network to bring social impacts.