HONG KONG SAR – Media OutReach Newswire – 28 Could 2026 – Hong Kong has overtaken Switzerland because the world’s high cross-boundary wealth administration centre, in accordance with the most recent World Wealth Report 2026 revealed by the Boston Consulting Group (Could 27).
Hong Kong has emerged because the world’s largest cross-boundary wealth administration centre
Hong Kong’s cross-boundary wealth rose 10.7% in 2025 to US$2.9 trillion, pushed by Chinese language Mainland flows and a vigorous inventory market that delivered vital IPO (preliminary public providing) exercise and powerful good points in benchmark-heavy web platforms, in accordance with the report. It additionally projected that, from 2025 to 2030 the cross-boundary wealth managed by Hong Kong will develop by 9% on common yearly and preserve first place globally, totally affirming Hong Kong’s place as a world-leading cross-boundary wealth administration centre.
Paul Chan, Monetary Secretary of the Hong Kong Particular Administrative Area Authorities (HKSARG), highlighted that China’s Nationwide fifteenth 5-12 months Plan clearly helps Hong Kong in strengthening its features as a global asset and wealth administration centre, which can also be a key element of Hong Kong’s ‘Finance +’ improvement technique.
“Over the previous few years, the Authorities has labored intently with the monetary sector to constantly enhance the monetary infrastructure and ecosystem, develop the vary of funding merchandise and danger administration instruments, and deepen the connectivity with capital markets all over the world.
“Leveraging some great benefits of ‘one nation, two methods’, complemented by free, open, clear, and predictable financial insurance policies in addition to a steady and safe funding atmosphere, and cross-market connectivity, Hong Kong is attracting increasingly ultra-high-net-worth people and household workplaces to determine a presence and put money into the town,” Mr Chan mentioned.
Christopher Hui, Secretary for Monetary Companies and the Treasury of the HKSARG, famous that the Authorities had issued the Coverage Assertion on Growing Household Workplace Companies in Hong Kong in March 2023 and has since applied numerous measures to encourage household workplaces to function in Hong Kong. Such initiatives, he mentioned, embrace offering earnings tax concession to family-owned funding holding automobiles managed by eligible single household workplaces and introducing the New Capital Funding Entrant Scheme.
“The Authorities will introduce legislative proposals into the Legislative Council subsequent month (June 2026) to additional improve the preferential tax regimes for funds, single household workplaces and carried curiosity, in order to additional improve the competitiveness of the tax regimes, and entice extra funds and household workplaces to arrange and function in Hong Kong,” Mr Hui mentioned.
In response to a research commissioned by Make investments Hong Kong and revealed in February 2026, there have been over 3,380 single household workplaces working in Hong Kong as of end-2025, representing a rise of greater than 25%, over the previous two years.
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