Anisha Bhaduri

The timing of the fourth edition of the Wealth for Good in Hong Kong Summit has a particular resonance amid geopolitical turbulence, which — as in all times of uncertainty — dials up a special appreciation for safe havens. As has been widely reported, the Hong Kong Special Administrative Region hosts more than 3,380 single family offices — a 25 percent increase in the past two years — and banks are scrambling for the city’s private wealth which is pegged at $1 trillion.

As members of Hong Kong’s eight-term Legislative Council are sworn in, a predominantly younger-than-usual cohort is expected to infuse the special administrative region’s executive-led system with fresh perspectives, a new-age way of doing things, and an ability to balance ingrained notions of lawmaking with modern imperatives that serve the people best. The start of the year is an enthusiastic time. Hope is the favorite currency and everyone looks forward to new beginnings.