Hong Kong surpasses Switzerland in cross-border wealth management
According to a BCG report, Hong Kong's cross-border wealth management reached 2.95 trillion USD in 2025, surpassing Switzerland for the first time. Inflows from mainland China and strong IPO activity were key drivers.
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- 📰 Published: May 28, 2026 at 17:49
- 🔍 Collected: May 31, 2026 at 23:52 (78h 3m after Published)
- 🤖 AI Analyzed: June 2, 2026 at 00:44 (24h 51m after Collected)
A report by the Boston Consulting Group (BCG) indicates that Hong Kong's cross-border wealth management reached 2.95 trillion USD in 2025, slightly surpassing Switzerland's 2.946 trillion USD for the first time. Hong Kong saw a growth rate of 10.7%, driven by capital inflows from mainland China, strong IPO activity, and rising stock markets. In contrast, Switzerland's growth rate was 7.6%. Despite geopolitical tensions and trade uncertainties, global cross-border wealth flows are accelerating, reaching 15.7 trillion USD, an 8.4% increase, as investors actively seek asset diversification. Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, welcomed the results, emphasizing Hong Kong's role as a safe haven and its attractiveness as an international financial center.
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Boston Consulting Group, a global management consulting firm.