Hong Kong has overtaken Switzerland as the world's largest cross-border wealth hub, and the reasons explain where the money of the rich is now flowing.
Markets · Global Wealth
Key Facts
—The handover. Hong Kong has overtaken Switzerland as the world’s largest home for cross-border wealth, the first time the Alpine state has lost the title.
—The numbers. Hong Kong booked $2.95 trillion of foreign money in 2025 against Switzerland’s $2.94 trillion, by the count of Boston Consulting Group.
—The engine. Roughly three-fifths of that money comes from mainland China, funnelled through a city built to be its gateway.
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