Centaline Family Office Wealth Management Centre Opening Ceremony

31/07/2024 News

Centaline Financial Group, a subsidiary of Centaline Group, established Centaline Asset Management (Private Wealth) in 2023 and set up a new wealth management center on the 16th floor of Wharf T&T Centre in Harbour City, Tsim Sha Tsui. The center held its grand opening ceremony today (July 31), with Mr. Shih Wing Ching, founder and chairman of Centaline Group, Ms. Shih Wai Kwan, chairman of Centaline Group’s subsidiary, and Ms. Kelly But, founding partner and general manager of Centaline Family Office, officiating the ceremony. Over a hundred prominent figures from the political and business sectors attended to witness another milestone for Centaline Group.

Picture caption: A group of officiating guests presided over the ribbon-cutting ceremony.

Mr. Shih Wing Ching stated at the opening ceremony: “The group chose to establish its family office business in Hong Kong because we have always been based here, and Hong Kong has unique advantages, including a sound legal system to protect assets and ample professional services. If there are favorable national policies, such as setting limits and allowing mainland residents to invest in designated projects in Hong Kong and pay an exit tax on profits before withdrawing funds, it could attract more mainland capital to Hong Kong. This would greatly benefit Hong Kong’s financial industry, consolidate Hong Kong’s status as an international financial center, and help promote the international circulation of the RMB.”

Picture caption: Speech by Mr. Shih Wing Ching, founder and chairman of Centaline Group.

Ms. Kelly But expressed: “I hope that Centaline Family Office will become a strategic partner for our clients, whether in asset management, professional consulting, education, or charity. Whenever they face any challenges in life, they can confidently entrust them to us, saving them more time and effort. I also hope that Centaline Family Office will help more Hong Kong people understand the importance of family legacy. We will promote the family office through seminars, online promotions, and other channels, fostering the development of Hong Kong’s financial industry and hoping to unite the second and third generations of young entrepreneurs to contribute positively to society.”

Picture caption: Kelly But, Founding Partner and General Manager of Centaline Family Office, delivers a speech.

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