Bloomberg: Hong Kong family offices plan to increase their exposure to crypto assets and private equity markets.

A report released by the Hong Kong Monetary and Financial Research Centre (HKIMR) shows that many Hong Kong family offices plan to increase their allocations to private equity, digital assets, private lending, and venture capital over the next three years, with interest expected to rise significantly. Hong Kong has consistently encouraged high-net-worth individuals and their families to invest locally, aiming to bridge the gap between mainland China and global markets. As of the end of last year, the number of single-family offices in Hong Kong rose to 3,384, a 25% increase compared to 2023 (Deloitte survey data). Giorgio Valente, head of HKIMR, stated, “The digital asset market is still in its early stages, but many long-term investors, including family offices, are focusing on the sector and reassessing their investment strategies.” The report is based on a survey of 101 single-family and multi-family offices conducted from October 2024 to April 2025, of which approximately 44% manage assets of at least US$1 billion, with wealth primarily derived from Hong Kong, mainland China, and other parts of Asia. (Bloomberg)