Weeks after appointing its new chief executive, Hywin International launches its Hong Kong office in a bid to support wealthy Chinese and their global ambitions.
The Chinese wealth manager launched a 7,000 square feet office in Hong Kong’s central business district to further expansion in the offshore market. The new office launch was joined by various banking partners including the likes of VP Bank, Lombard Odier, Pictet, UBP, Safra Sarasin and Credit Suisse.
«I am very pleased to meet our partners at this joyful occasion. Many of them are already working very closely with Hywin, across Mainland China, Hong Kong, Europe and North America,» said Wang Dian, CEO of Hywin Wealth. «I also caught up with a few old friends. In a world of constant changes, the trust between friends and the rapport between institutions – are priceless and timeless.»
Offshore Growth
Hywin International has accelerated its growth this year with multiple moves to bolster the offshore business. In July this year, it signed an agreement to build a strategic partnership with VP Bank. And earlier this month, it hired family office guru Nick Xiao to join as its CEO.
«Three Garden Road (the new office location) is the perfect location for us. It’s in the heart of Central, and part of the iconic skyline of Hong Kong,» Xiao said.
«For my colleagues, they can meet product partners like BlackRock and Oaktree, share insights with journalists of ‹Bloomberg›, liaise with banks such as Citi and UOB, and pick up clients after their classes at Cheung Kong Graduate School of Business, all in the same building.»
