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Christopher Hui: CKH HOLDINGS Sale of Panama Canal Port Won't Affect Family Offices' Desire to Invest in HK
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Last week, it was rumored that CKH HOLDINGS (00001.HK) would not sign any agreement on the sale of Panama port this week.

Secretary for Financial Services and the Treasury, Christopher Hui, said that the sale of Panama Canal port by CKH HOLDINGS would not in any way affect the desire of family offices to invest in Hong Kong, and believed that it is even more beneficial to the business of family offices in Hong Kong because of the stability of the investment environment in Hong Kong and its predictability, which is beneficial to the appreciation or preservation of the wealth of investors or family offices, in the increasingly complex global political and economic environments.

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The number of family offices that have decided or intend to set up in Hong Kong is about 160, of which almost one-quarter are from Europe and the US, Hui added. He believed that the ecosystem of family offices in Hong Kong has become more mature, and was confident that the number can break through 3,000 in the short term.
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