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on Information Services Department, Hong Kong SAR Government

Hong Kong Tops Global Cross-Boundary Wealth Management

Hong Kong has surpassed Switzerland to become the leading global hub for cross-boundary wealth management, as reported in the Global Wealth Report 2026 by Boston Consulting Group. In 2025, Hong Kong's cross-boundary wealth surged 10.7% to US$2.9 trillion, fueled by robust Chinese Mainland capital flows and a dynamic stock market with significant IPO activity.

The report projects this growth will continue at an average annual rate of 9% until 2030, cementing Hong Kong's position at the forefront of wealth management. Key to this ascent is China's 15th Five-Year Plan, endorsing Hong Kong's role as an international asset management center.

Paul Chan, Financial Secretary of Hong Kong, emphasizes the city's financial infrastructure improvements and tax incentives that attract high-net-worth individuals and family offices. Christopher Hui, Secretary for Financial Services, notes legislative efforts to enhance tax regimes and strengthen Hong Kong’s appeal for family offices.

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