Saudi royal families look to set up offices in Hong Kong
Hong Kong has attracted over 100 families to set up investment vehicles in town, including prominent families from Saudi Arabia who are keen to explore technology investments in the Greater Bay Area.
The Hong Kong government is making headway in its push to attract high-profile Middle Eastern families, with preliminary deals struck for some royal or prominent Saudi families to establish investment vehicles in Hong Kong, an official said.
According to Jason Fong, global head of family office at Invest Hong Kong, the government is currently engaging with several Saudi families. Preliminary commitments have been secured from some of these families.
Jason Fong,
Invest …
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