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Hong Kong’s finance sector to benefit from AI, China opening, Asia wealth: think tank

Hong Kong's financial sector is poised to benefit from advancements in artificial intelligence, China's financial liberalization, and the growing wealth of Asian families, according to Benjamin Hung, chairman of the Financial Services Development Council (FSDC). Hung announced plans for global roadshows to promote Hong Kong's growth opportunities, emphasizing its role as a hub for fundraising and as a bridge between China and the global market. The establishment of family offices in Hong Kong by wealthy Asian families for investment and succession planning is also anticipated. Hung aims to counter negative perceptions of Hong Kong, which he attributes to misleading media coverage, and highlighted the improved market sentiment driven by China's stimulus package and DeepSeek's technological breakthrough.
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