The Financial Mega Event Week, held in the last week of March, gathered financial leaders from around the world for three mega financial events to promote the development of Hong Kong’s financial industry and strengthen the city’s status as a leading financial centre. One of the highlighted events was the second edition of the Wealth for Good in Hong Kong Summit (WGHK), organised by the Financial Services and the Treasury Bureau in collaboration with InvestHK. With the theme “Growing with Certainty Amid Growing Uncertainty”, the summit attracted over 400 influential decision makers from global family offices and their professional teams, spanning Hong Kong, the Mainland, Asia, Europe, the Americas, the Middle East and beyond.
The WGHK centred four key topics this year, including “Luxury and Legacy”, “Green Technology”,
“Philanthropy and Wealth Legacy”, and a session on family office development titled “Dream to Dynasty:
Wealth Creation for Generations”. There were also two fireside chats discussing the journey from Hollywood
to Silicon Valley and the rise of sports as an asset class, offering fresh perspectives to attendees on
new and emerging investments for family offices.
During the Gala Dinner of the WGHK, the Hong Kong government announced the launch of a new philanthropic initiative, the “Impact Link” (iLink) under the Hong Kong Academy for Wealth Legacy (HKAWL). The iLink aims to attract, select and showcase high-potential and high-social impact charitable projects with demonstrated track records and potential for scalability to solve the most pressing challenges within and beyond Hong Kong. The iLink will start with crucial areas such as global public health, early life sciences research, poverty alleviation and development, education, youth empowerment, as well as community wellbeing empowered by the most cutting-edge technologies such as artificial intelligence, biotechnology, big data, and green technology. By leveraging the iLink’s power of bridging information on charity projects and building connections with stakeholders, family offices and asset owners can have easier access to vetted projects, conduct further assessments and make more informed decisions, facilitating their donations in creating larger impact.