Hong Kong Tops Global Wealth Hub with $2.9 Trillion

Hong Kong has become the world’s leading hub for cross-border wealth, according to a new report. The city’s managed cross-border wealth rose by 10.7 percent in 2025 to reach $2.9 trillion, driven by capital flows from mainland China and a robust stock market featuring significant initial public offering activity and strong gains in major internet platform stocks.

The report projects that from 2025 to 2030, the cross-border wealth managed in Hong Kong will grow by an average of nine percent annually, maintaining its top global position. Officials said this affirms the city’s role as a premier international wealth management center.

Financial Secretary Paul Chan highlighted that China’s national development plan explicitly supports Hong Kong in strengthening its functions as an international asset and wealth management center, a key component of the city’s financial strategy. He stated that the government has worked closely with the financial sector in recent years to improve infrastructure, expand investment products and risk management tools, and deepen connectivity with global capital markets.

Chan attributed the growth to Hong Kong’s unique advantages under the “one country,...