The HKSAR government actively leverages Hong Kong's unique advantages in philanthropy, asset management, and its role as a bridge between China and the world to promote Hong Kong as a regional philanthropic hub. Angel Chia, Executive Director, Hong Kong Academy for Wealth Legacy (HKAWL), stated, "Hong Kong, as an international financial centre and one of Asia's main asset and wealth management hubs, has a well-established financial system and a sound regulatory framework. Coupled with the government's active promotion of Hong Kong as a global family office hub and the implementation of measures such as tax concessions for family offices, Hong Kong has unique advantages to become a global philanthropic hub. The Hong Kong Council of Social ServiceThe Hong Kong Council of Social Service (HKCSS) is a statutory body established in 1947. The HKCSS has over 510 Agency Members, with service units throughout Hong Kong, providing high-quality social services to those in need.

Source: Viet Nam News May 03, 2024 10:41 UTC