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Wealth

Eddie Yue, chief executive of the Hong Kong Monetary Authority, delivers a speech at the start of the Global Financial Leaders’ Investment Summit in Hong Kong. Photo: Kit Lai
Wealth management

Why wealth managers see opportunity in Hong Kong despite Beijing’s tax crackdown

Industry leaders centre discussions on Hong Kong’s soaring asset inflows and safe-haven appeal at major summits this week.

Global Financial Leaders’ Investment Summit 2026

Dutch asset manager Robeco planning to expand presence in Hong Kong

Wealth management

Defence or growth? Wealth managers weigh AI exposure in client portfolios

Wealth management

Why Hong Kong wealth managers want broader access to mainland China’s tech markets

Executives say expanded channels could strengthen wealth business and reinforce city’s role as gateway between mainland and global capital.

Wealth industry executives support wider access for qualified professional investors to shares traded in Shanghai’s Star Market and Shenzhen’s ChiNext, according to a survey. Photo: Reuters
Wealth industry executives support wider access for qualified professional investors to shares traded in Shanghai’s Star Market and Shenzhen’s ChiNext, according to a survey. Photo: Reuters
Wealth management

‘The race is on’: Swiss bankers nod to Hong Kong’s wealth hub prowess

City combines ‘stability with competitiveness’ as wealthy clients look to diversify not only assets but also where those assets are held.

Global Financial Leaders’ Investment Summit 2026

Why Hong Kong’s bridge role matters more than ever in a ‘reglobalisation’ era

Banking leaders say demand for diversification, yuan funding and cross-border capital flows is reinforcing the city’s appeal.

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Wealth management

In Focus | Could New York’s tax-the-rich agenda send its wealthiest residents to Hong Kong?

Analysts say Hong Kong could benefit as New York’s tax debate prompts wealthy families to reassess their options.

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Illustration by Henry Wong
Illustration by Henry Wong
Wealth management

Goldman Sachs steps up Asia hiring as wealthy clients eye US assets for diversification

Wall Street investment bank’s global co-head of wealth management says it is ‘very committed to hiring more advisers in the region’.

Wealth management

China targets offshore trusts in widening push for taxes

Wealthy individuals faced a Thursday deadline to make tax payments tied to offshore trusts as a grace period came to an end.

Wealth management

China eases uncertainty over offshore trust taxes before grace period ends

New guidance exempts some offshore stock incentive trusts after an executive ‘successfully’ appeals tax treatment.

A 90-day grace period before mainland China’s new tax rules on offshore trust gains are enforced expires on Thursday. Photo: Dickson Lee
Wealth management

Survey finds 66% of ultra-rich’s young heirs not ready to take over

World’s wealthy worry more about handing over the family firm than political uncertainty, while China, UK step up plans to tax the affluent.

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A man walks past the logo of the Swiss bank Julius Baer group at the company’s headquarters in Zurich. Photo: AFP
A man walks past the logo of the Swiss bank Julius Baer group at the company’s headquarters in Zurich. Photo: AFP
Wealth management

Hong Kong emerges as third best philanthropy hub, behind New York, Seoul: study

Altrata report highlights Hong Kong’s wealth infrastructure and growing culture of structured giving.

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Mergers & Acquisitions

Li Ka-shing empire expands oil interests, turning heads in market

Deal for Canadian oil producer runs counter to global pivot to clean energy but makes sense as a buffer, analysts say.

US-China relations

Why ‘glass king’ says companies cannot just copy-paste China model overseas

Fuyao Glass founder Cao Dewang urges Chinese companies expanding abroad to respect local laws, culture and workers.

"When I go to America, I use American people and American resources," says Cao Dewang. Photo: Getty Images
Wealth management

Former HSBC executive launches wealth platform powered by team of AI agents

Veteran banker says start-up aims to help ‘mass affluent’ investors manage portfolios, monitor risks and spot opportunities proactively.

The launch comes amid a wave of increasingly sophisticated general-purpose AI agents and a growing push by major AI companies into industry-specific applications. Photo: Shutterstock
The launch comes amid a wave of increasingly sophisticated general-purpose AI agents and a growing push by major AI companies into industry-specific applications. Photo: Shutterstock
Wealth management

How Gen Z collectors helped power global art market back to growth

Young wealthy collectors emerge as the top spenders, while mainland China and Hong Kong remain key hubs, report says.

Wealth management

How Hong Kong stacks up against Singapore in race for next-generation wealth

Younger wealth holders increasingly global, prioritising lifestyle, wellness and values when choosing where to live and invest, Savills says.

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Wealth management

Hong Kong banks set lures for golden week visitors despite new levies

Lenders are confident the mainland-related wealth business will remain a pillar for the industry regardless of Beijing’s tax crackdown.

Flags hang along Park Lane Shopper’s Boulevard in Tsim Sha Tsui on September 28, 2026, ahead of the golden week holiday. Photo: Kit Lai
Flags hang along Park Lane Shopper’s Boulevard in Tsim Sha Tsui on September 28, 2026, ahead of the golden week holiday. Photo: Kit Lai
Banking & finance

Some family offices eyeing Chinese investments as US-China tensions ease: report

European, Middle Eastern and African family offices are increasing their exposure to China as they diversify their portfolios, report finds.

Wealth management

In Focus | Why shifting assets won’t save New York’s rich Chinese from Beijing tax rules

With the 90-day grace period soon to run out, some ultra-wealthy living outside mainland China face complicated tax liability questions.

Wealth management

China’s young investors embrace risk. Why are their portfolios so safe?

Despite high risk tolerance, millennials and Gen Z invest in safer assets due to a combination of factors, a study shows.

Some 72 per cent of Chinese respondents held cash or cash equivalents and 62 per cent owned bank or trust wealth-management products, the survey found. Photo: AFP
Wealth management

HKU Business School launches academy to train wealth management talent

Cross-border wealth in Hong Kong reached US$2.95 trillion in 2025, compared with Switzerland’s US$2.94 trillion, according to BCG.

Hong Kong’s rapidly expanding private-wealth industry is competing for professionals. Photo: Reuters
Hong Kong’s rapidly expanding private-wealth industry is competing for professionals. Photo: Reuters
China property

Rich Dad, Poor Dad author’s vast debts spark awe – and some anger – in China

Robert Kiyosaki’s claim to be US$1.2 billion in debt has sparked heated debate in China, where property investors have suffered steep losses.

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Insurance

Prudential’s new business profit growth slows, US$300m share buy-back announced

New business profit increases 8 per cent to US$1.38 billion in first half as market braces for potential fall in number of mainland visitors.

Wealth management

Hang Seng Bank grows wealth network despite Beijing’s tighter capital scrutiny

Hong Kong lender says it is expanding its workforce to capture rising demand from high-net-worth clients.

Pedestrians walk past a Hang Seng Bank branch in the Central district of Hong Kong. Photo: Jelly Tse
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