Skip to content
August 27, 2026
  • WhatsApp
  • Facebook
  • Twitter
  • Youtube
  • LinkedIn
  • Instagram
Business Quest

Business Quest

Focus on Enterprises and Innovation

  • HOME
  • BUSINESS
    • BANKING
    • FINANCE
    • INSURANCE
    • SME’s
    • REAL ESTATES
    • INVESTMENTS
    • ENERGY
    • RETAIL
  • CAPTAINS OF INDUSTRY
  • INNOVATION & ENTERPRISES
  • WOMEN & POWER
  • TECHNOLOGY
  • OPINION
    • Corporate News from Media OutReach Newswire
  • HOME
  • BUSINESS
    • BANKING
    • FINANCE
    • INSURANCE
    • SME’s
    • REAL ESTATES
    • INVESTMENTS
    • ENERGY
    • RETAIL
  • CAPTAINS OF INDUSTRY
  • INNOVATION & ENTERPRISES
  • WOMEN & POWER
  • TECHNOLOGY
  • OPINION
    • Corporate News from Media OutReach Newswire
Watch Online
  • Home
  • Corporate News from Media OutReach Newswire
  • Hong Kong rises to world No.1 cross-boundary wealth hub
  • Corporate News from Media OutReach Newswire

Hong Kong rises to world No.1 cross-boundary wealth hub

Media OutReach Newswire May 28, 2026
HONG KONG SAR – Media OutReach Newswire – 28 May 2026 – Hong Kong has overtaken Switzerland as the world’s top cross-boundary wealth management centre, according to the latest Global Wealth Report 2026 published by the Boston Consulting Group (May 27).

Hong Kong has emerged as the world's largest cross-boundary wealth management centre
Hong Kong has emerged as the world’s largest cross-boundary wealth management centre

Hong Kong’s cross-boundary wealth rose 10.7% in 2025 to US$2.9 trillion, driven by Chinese Mainland flows and a vigorous stock market that delivered significant IPO (initial public offering) activity and strong gains in benchmark-heavy internet platforms, according to the report. It also projected that, from 2025 to 2030 the cross-boundary wealth managed by Hong Kong will grow by 9% on average annually and maintain first place globally, fully affirming Hong Kong’s position as a world-leading cross-boundary wealth management centre.

Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region Government (HKSARG), highlighted that China’s National 15th Five-Year Plan clearly supports Hong Kong in strengthening its functions as an international asset and wealth management centre, which is also a key component of Hong Kong’s ‘Finance +’ development strategy.

“Over the past few years, the Government has worked closely with the financial sector to continuously improve the financial infrastructure and ecosystem, expand the range of investment products and risk management tools, and deepen the connectivity with capital markets around the world.

“Leveraging the advantages of ‘one country, two systems’, complemented by free, open, transparent, and predictable economic policies as well as a stable and secure investment environment, and cross-market connectivity, Hong Kong is attracting more and more ultra-high-net-worth individuals and family offices to establish a presence and invest in the city,” Mr Chan said.

Hong Kong rises to world's top cross-boundary wealth management centre (1).jpg

Christopher Hui, Secretary for Financial Services and the Treasury of the HKSARG, noted that the Government had issued the Policy Statement on Developing Family Office Businesses in Hong Kong in March 2023 and has since implemented various measures to encourage family offices to operate in Hong Kong. Such initiatives, he said, include providing profits tax concession to family-owned investment holding vehicles managed by eligible single family offices and introducing the New Capital Investment Entrant Scheme.

“The Government will introduce legislative proposals into the Legislative Council next month (June 2026) to further enhance the preferential tax regimes for funds, single family offices and carried interest, so as to further enhance the competitiveness of the tax regimes, and attract more funds and family offices to set up and operate in Hong Kong,” Mr Hui said.

According to a study commissioned by Invest Hong Kong and published in February 2026, there were over 3,380 single family offices operating in Hong Kong as of end-2025, representing an increase of more than 25%, over the past two years.

Hashtag: #HongKong #BrandHongKong #Global #Wealth #Management #Top

https://www.brandhk.gov.hk/
https://www.linkedin.com/company/brand-hong-kong/
https://x.com/Brand_HK/
https://www.facebook.com/brandhk.isd
https://www.instagram.com/brandhongkong

The issuer is solely responsible for the content of this announcement.

Views: 3

Post navigation

Previous I&M Bank’s MTN Begins Trading at Nairobi Securities Exchange
Next Vietnam’s Bridge to the Global Experience Economy

Related Stories

Hong Kong Fashion Fest presents eight flagship programmes for its third edition
  • Corporate News from Media OutReach Newswire

Hong Kong Fashion Fest presents eight flagship programmes for its third edition

August 27, 2026
FGA Trust Establishes Tokyo Representative Office to Support Japan–Hong Kong Cross-Border Trust Enquiries
  • Corporate News from Media OutReach Newswire

FGA Trust Establishes Tokyo Representative Office to Support Japan–Hong Kong Cross-Border Trust Enquiries

August 27, 2026
SenseTime Records First‑Ever Profit in First Half of 2026 “Models + Token Factory + Agent Harness” Framework Unlocks High‑Value Commercialization
  • Corporate News from Media OutReach Newswire

SenseTime Records First‑Ever Profit in First Half of 2026 “Models + Token Factory + Agent Harness” Framework Unlocks High‑Value Commercialization

August 26, 2026

Recent Comments

  • NBK Records KES1.72Bn Profit with 61pc Growth H1 2026 | Business Quest on NBK Posts KES2.91Bn with 178pc Growth in Profit FY 2025
  • NCBA,Basigo Eyes E-mobility Transition Through Financing | Business Quest on BasiGo Commences Local Assembly of its Electric Vans in Kenya
  • HassConsult:Social Connection Emerges new Residential Value Driver | Business Quest on HassConsult Publishes Property Price Indices Q2 2026
  • MTN Group delivers record margin in H1 2026 with strong Earnings | Business Quest on MTN Group taps Jerry Soko as CEO Eswatini Subsidiary
  • Kenya Airways Plc post KES81Bn with 9pc increase in revenue H1 | Business Quest on KQ hints on restoring operational capacity,strengthening financials

Connect with Us

  • WhatsApp
  • Facebook
  • Twitter
  • Youtube
  • LinkedIn
  • Instagram

You may have missed

Hong Kong Fashion Fest presents eight flagship programmes for its third edition
  • Corporate News from Media OutReach Newswire

Hong Kong Fashion Fest presents eight flagship programmes for its third edition

August 27, 2026
FGA Trust Establishes Tokyo Representative Office to Support Japan–Hong Kong Cross-Border Trust Enquiries
  • Corporate News from Media OutReach Newswire

FGA Trust Establishes Tokyo Representative Office to Support Japan–Hong Kong Cross-Border Trust Enquiries

August 27, 2026
SenseTime Records First‑Ever Profit in First Half of 2026 “Models + Token Factory + Agent Harness” Framework Unlocks High‑Value Commercialization
  • Corporate News from Media OutReach Newswire

SenseTime Records First‑Ever Profit in First Half of 2026 “Models + Token Factory + Agent Harness” Framework Unlocks High‑Value Commercialization

August 26, 2026
Vinhomes Strengthens Its Position at the Forefront of Smart City Development
  • Corporate News from Media OutReach Newswire

Vinhomes Strengthens Its Position at the Forefront of Smart City Development

August 26, 2026

About Us

Our main focus is on quality Business news content that is verified and ready to be consumed by our users.

Our partners and readers alike are our heartbeat we value them in all that we do.

We offer an alternative as a mouthpiece to SMEs, entrepreneurs, and professionals on their daily long-term plans and milestone as well exchange the business ideas and success stories and to provide advertising services tailor-made to the needs and expectations of their products and services.

Join us in this endeavor to give you fast accurate and precise information as they develop.

 

 

Copyright ©2026 All rights reserved. | Businessquest by Geckoworks Ke_.