Hong Kong overtakes Switzerland as world’s top cross-border wealth hub on China ties, report shows
AI Summary
Hong Kong has surpassed Switzerland as the top cross-border wealth hub globally, driven by increasing Chinese wealth and a robust IPO market, according to Boston Consulting Group's report.
Driven by rising Chinese wealth and a strong IPO market, Hong Kong has narrowly surpassed Switzerland as the world’s largest cross-border wealth hub, according to Boston Consulting Group’s latest global wealth report.