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"/})

• ·CFTC持仓分析：黄金多头疯了，原油多头跑了，日元空头投降了！
• ·审计报告：高标准农田建设资金，地方统筹整合使用存在难度
• ·最全汇总！全国31个省份高考分数线公布
• ·外交部：中国发展军力不针对任何国家
• ·被告人黄文以危险方法危害公共安全案一审宣判
• ·黄金牛市新拐点：矿业股即将逆袭金条？顶级基金经理揭秘下一个暴利机会
• ·不再谈“痫”色变，不做等“痫”之辈 丨记者手记
• ·中央网信办再为“自媒体”划红线 新规有何亮点？专家解读来了
• ·“现在人贩子不像余华英，已低龄化、网络化”：对话上官正义
• ·粤超上演端午焦点战 东莞队迎战劲敌梅州队
• ·粤超上演端午焦点战 东莞队迎战劲敌梅州队
• ·伊朗足协宣布将向国际足联投诉美国
• ·英国利兹大学申请难度全解析
• ·哈尔滨获得2025年第九届亚洲冬季运动会举办权
• ·巴林谴责伊朗无人机攻击其领土
• ·伊朗足协宣布将向国际足联投诉美国