
Hong Kong Becomes World's Largest Cross-Border Wealth Hub
Hong Kong has surpassed Switzerland to become the world's largest cross-border wealth management hub, according to a report by Boston Consulting Group. This development comes amidst various local news, including a new ride-hailing cap and a subsidy for LPG to support transport firms.
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HK Banks Tighten Scrutiny of Chinese Clients After Trading Curbs - Bloomberg.com
HK Banks Tighten Scrutiny of Chinese Clients After Trading Curbs Bloomberg.com
Read full article →Hong Kong overtakes Switzerland as hub for global offshore wealth
Chinese territory enjoys surge of investment from mainland as wealthy spread assets across different jurisdictions
Read full article →Hong Kong overtakes Switzerland as world’s largest cross-border wealth hub, BCG finds
Hong Kong has overtaken Switzerland as the world’s largest cross-border wealth hub, driven by an initial public offering (IPO) bonanza and capital inflows from mainland China, according to Boston Consulting Group (BCG). Cross-border wealth booked in Hong Kong climbed 10.7 per cent in 2025 to US$2.95 trillion, narrowly beating Switzerland’s US$2.94 trillion after rising 7.6 per cent last year, the international consultancy said in its latest global wealth report released on Wednesday. “These...
By Daniel Ren
Read full article →India rips into Pakistan at UN, flags 'bleeding India by a thousand cuts' doctrine
India strongly criticized Pakistan at the UN Security Council, accusing it of sponsoring cross-border terrorism and violating sovereignty through decades of aggression. India's envoy stated Pakistan's actions, including its "doctrine of bleeding India by a thousand cuts," expose its hollow rhetoric on the UN Charter.
By TOI NEWS DESK
Read full article →India tears into Pakistan at UNSC over ‘sponsoring cross-border terrorism’; ‘will face consequences’
Read full article →India tears into Pak at UN, calls out doctrine to ‘bleed' neighbour by ‘thousand cuts’
Harish also said that Pakistan's record since Independence has been shaped by aggression against India and repeated support for cross-border terrorism.
Read full article →Hong Kong Airport opens new terminal to compete against Singapore, Dubai - The Straits Times
Hong Kong Airport opens new terminal to compete against Singapore, Dubai The Straits Times
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The Indian diplomat said India has every right to defend itself from such cross-border terrorism.
Read full article →Hong Kong overtakes Switzerland as hub for global offshore wealth - SWI swissinfo.ch
Hong Kong overtakes Switzerland as hub for global offshore wealth SWI swissinfo.ch
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A former senior police inspector has been jailed for 30 months over misconduct in public office and accepting HK$1.4 million in bribes in exchange for leaking case details and dropping an investigation into a suspect. During sentencing on Tuesday, Deputy District Judge Terence Wai reprimanded former chief inspector of police Ho Siu-tung, 40, “for undermining […]
By James Lee
Read full article →Thousands stuck at Hong Kong border for hours as 673,000 return from mainland China post-holiday
Thousands of Hong Kong residents waited up to three hours at multiple land checkpoints with mainland China, as more than 673,000 returned to the city at the close of the Buddha's Birthday long weekend.
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