Affluent families in Hong Kong and the Greater Bay Area are beginning wealth transfer planning earlier, with a focus on financial literacy and long-term security.

A new survey by DBS Bank (Hong Kong) showed that affluent parents are starting wealth transfer planning for their children much earlier than before. Beyond wealth, parents are also focusing on values and skills The study found that many parents begin planning as early as when their children are four years old, setting aside an average of HKD 5m in liquid assets for the next generation. The survey, conducted across Hong Kong and other Greater Bay Area (GBA) cities, highlights a broader shift