Wealthy European clients are increasingly looking to establish family offices in Hong Kong, according to BNP Paribas. The French bank notes a significant two-way flow of capital between Europe and mainland China, with Hong Kong serving as a key intermediary. This trend is driven by European investors seeking opportunities in Asian technology startups and other businesses, utilizing Hong Kong for due diligence and deal negotiation. A recent Deloitte study indicates a 25% increase in single-family offices in Hong Kong over the past two years. AI
RANK_REASON The item discusses trends in wealth management and family offices, not a core AI development.
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