Hong Kong is our strategic foundation. It is a vibrant and leading international financial centre. Not only does it attract the attention of investors from around the world, it is also the first choice for asset management institutions.
Attracted by Hong Kong’s many strengths as an international trade and financial centre, GaoTeng Global Asset Management has located its headquarters in Hong Kong to serve its portfolio of Chinese and global clients. Backed by Hillhouse Capital Group and Tencent Holdings Limited, the company provides asset management products and services to global investors. The company has recently strengthened its foothold in Hong Kong to capture greater market share in Asia.
Investing in Interconnectivity
From its early days, GaoTeng recognised the huge growth potential of Chinese investors’ overseas assets. With its base in Hong Kong, which not only boasts a robust financial infrastructure but is also the world’s largest offshore RMB hub, GaoTeng has been able to provide high-quality active asset management strategies to its investors. The company has adeptly capitalised on initiatives that foster closer ties between Hong Kong and Mainland China.
“Hong Kong is our strategic foundation. It is a vibrant and leading international financial centre. Not only does it attract the attention of investors from around the world, it is also the first choice for asset management institutions,” said Wayne Bi, CEO of GaoTeng Global Asset Management.
Opportunities in the GBA and Beyond
Meanwhile, the development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) also presents unique economic advantages for GaoTeng. For instance, the GBA Cross-boundary Wealth Management Connect Scheme has actively facilitated the flow of funds between the three major markets, creating more favourable opportunities for cross-boundary investments and wealth management services.
“We believe that the GBA development will also bring good opportunities to asset management institutions, and we will always be committed to serving the needs of investors in the GBA with high-quality strategies,” said Bi.
“We are pleased to see that the government, through InvestHK and other organisations, is continuously deepening external ties to achieve more interconnections while building a flourishing financial ecosystem,” Bi added. “We are confident in the future potential of Hong Kong and believe that the development here will get even better.”