Hong Kong-based family offices are significantly increasing their allocation to private equity and digital assets over the next three years, according to a report commissioned by local authorities. This strategic shift reflects growing institutional confidence in alternative investments beyond traditional equities and bonds. The move signals potential market expansion for both sectors as wealthy families seek diversification and higher returns, though regulatory frameworks remain under development. Hong Kong family offices are positioning themselves to capitalize on emerging opportunities in decentralized finance and unlisted companies, which could attract more capital into these markets.