Hong Kong has narrowly overtaken Switzerland to become the world’s largest cross-border wealth hub, driven by an influx of mainland Chinese capital and a resurgent local equity market. The shift comes as global private fortunes expand at their fastest clip since 2021, defying the US trade war and macroeconomic instability to reach a total of $333 trillion. While Hong Kong and Singapore form an expanding ecosystem serving Asian capital, Switzerland, the US and the UK remain primary conduits for European, Middle Eastern and Latin American wealth.
Hong Kong overtakes Switzerland as largest wealth hub
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Author:Herculis Gold Coin ($XAUH)
•Hong KongSwitzerlandcross-border wealth
