Global Finance Leaders Gather in Hong Kong, Avoid Discussing Beijing's Overseas Asset Review, Praise Wealth Management Boom

Global finance leaders gathered in Hong Kong this week, attending back-to-back the Global Financial Leaders' Investment Summit and the PWMA Wealth Management Summit 2026, during which they generally avoided discussing Beijing's move earlier this year to step up scrutiny of wealthy families' overseas assets. Attendees remained optimistic about the expansion prospects of Hong Kong's wealth management industry, but Beijing's tax review of offshore trusts was seen as a near-term obstacle for the sector.