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Hong Kong has surpassed Switzerland to become the world’s largest cross-border wealth hub, with a surge of investment from mainland China driving this shift. In 2025, wealth managers in Hong Kong accumulated $2.9tn of international assets, with about 60% originating from mainland China. The Boston Consulting Group projects that the growing wealth in Asia will widen the wealth gap between Hong Kong and Switzerland to nearly $600bn by the end of the decade. The growth in China’s economy, particularly in equity capital markets and manufacturing like electric vehicles, has contributed significantly to this trend. Companies in Hong Kong have been…
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