Economic Watch: Hong Kong takes crown as top wealth hub, likely to keep it
HONG KONG, June 11 (Xinhua) -- Hong Kong has dethroned Switzerland as the world's largest booking center for cross-border wealth, about two years earlier than market expectations, as its booming financial market creates and grows wealth.
Hong Kong's cross-border wealth assets rose 10.7 percent to 2.95 trillion U.S. dollars in 2025, driven by Chinese mainland flows and a vigorous stock market that delivered significant IPO activity and strong gains in benchmark-heavy internet platforms, said Boston Consulting Group's 2026 Global Wealth Report.

The city's long-term sweet spots -- safe and steady investment environment, access to global markets and abundant investment options -- appear more valuable to global investors at a time of geopolitical tension, luring many Asian high-net-worth clients to move their money back to Hong Kong, said Liu Yang, associate professor of finance at Hong Kong University Business School.

Local data showed that over 3,380 single-family offices operate in Hong Kong by the end of 2025, marking a more than 25-percent hike over the past two years. By the end of April this year, the city had received nearly 3,600 applications for the New Capital Investment Entrant Scheme, which could bring a total investment of 108 billion Hong Kong dollars (about 14 billion U.S. dollars).
The Initial Public Offering (IPO) market bonanza in Hong Kong from last year also spilled over to the wealth management sector by loading company founders and shareholders with extra cash to invest, said Liu.
The 119 IPOs in 2025 raised a total of 37.4 billion U.S. dollars, catapulting Hong Kong to the world's top IPO fundraising venue.
Christopher Hui, secretary for financial services and the treasury of the Hong Kong Special Administrative Region government, highlighted the "reinforcing triangle of wealth, companies and financial market at play." Family offices and high-net-worth individuals inject the liquidity that Hong Kong's capital market needs to attract new listings.
The private sector also stands to benefit. Deloitte China Tax & Business Advisory Hong Kong Leader Anthony Lau told Xinhua that his overseas clients tend to expand their family businesses in Hong Kong after setting up family offices here.
The Boston Consulting Group report projected Hong Kong's cross-border wealth to grow about 9 percent annually through 2030. This means that Hong Kong is likely to retain its top spot for growing at a faster pace than Switzerland, which expects an annual expansion of 6 percent.
Hong Kong could emerge as a stronger wealth management hub on the back of a number of trends, analysts say. An upgrade driven by artificial intelligence, advanced manufacturing, and the green transition will create wealth for entrepreneurs, many of whom are from Asia. The great wealth transfer set to take place in the next three decades, where 83 trillion U.S. dollars of wealth are to be inherited, will attach value to Hong Kong's expertise in wealth management and succession planning.
(责任编辑:{typename type="name"/})
- ·中国女篮球员杨舒予:希望亚运会带来不一样的呈现
- ·全国唯一网安公办本科院校开放日启幕 首届湖北招百人
- ·尹吉甫、庐陵王现身“楚超” 荆楚千年浪漫具象化了
- ·美元死叉已现,黄金逼近超卖区,美伊炮火下的平静要破功了?
- ·杨书剑掌舵,能否扭转华夏银行竞争力位次?|金融人物④
- ·Dead Astronauts 工作室夏日游戏节官宣新作《HAEX》赫克斯
- ·故宫、三星堆等文博IP齐聚武汉遗产日市集,千元文创口红抢手热卖
- ·跨越千年岁月 非遗生生不息——看襄城如何探索县域传承新路径 打造全省非遗保护示范新样板
- ·(爱知·名古屋亚运会)第20届亚运会在日本爱知名古屋开幕
- ·老挝女孩携农产品参展南博会 分享中老合作红利
- ·武汉新增大学网络空间安全学院首次对公众开放,参观考生直呼科技感很浓!
- ·多头玫瑰有哪些颜色?
- ·全国政协委员蒋胜男:建议删除离婚冷静期条款
- ·“鄂西德比”精彩上演 十堰“球票根”成消费“流通券”
- ·太逼真也烦恼! 《维罗妮卡RE》克莱尔被吐槽长胡子
- ·“民族文化+免签红利+交通便捷”让中老跨境休闲游热度持续高涨
- ·(爱知·名古屋亚运会)外媒聚焦开幕式:诠释“亚洲团结”,特色项目受关注
- ·美日利差3个百分点压制日元,美元兑日元技术面偏多,继续关注160关口
- ·美日利差3个百分点压制日元,美元兑日元技术面偏多,继续关注160关口
- ·仅用于背景! 《疯狂出租车极速环游》确认使用生成式AI
- ·伯恩斯坦:下调26年金价预测至5600美元,央行购金是真正引擎
- ·美日利差3个百分点压制日元,美元兑日元技术面偏多,继续关注160关口
- ·故宫、三星堆等文博IP齐聚武汉遗产日市集,千元文创口红抢手热卖
- ·要回归独占?Xbox首席内容官谈微软游戏发行平台策略
- ·国际油价跳水超2%,伊朗总统启程赴美
- ·AI生成?《古墓丽影》新作封面劳拉背包背带造型怪异
