Hong Kong has taken numerous steps to attract wealth in recent years, an attempt to rebound after the city lost some of its allure in the wake of political upheavals and the Covid pandemic. It has overtaken Switzerland as the world's largest cross-border wealth hub, driven by an influx of mainland Chinese capital and a resurgent local equity market, according to Boston Consulting Group's 2026 Global Wealth Report.

Net fund inflows soared nearly 200 per cent, supported by a tech-led stock rally and a 30 per cent rise in capital allocated to the mainland.

July 2 : Hong Kong's assets under management surged 20 per cent to a record HK$42.2 trillion ($5.38 trillion) in 2025, marking a third consecutive year of growth for the financial…