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Hong Kong Overtakes Switzerland as 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 BCG report. This shift signifies a major development in global financial markets.

27 May, 01:12 — 27 May, 14:18
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The Story

Analyzing sources…

Source Diversity

Source Diversity

Excellent (92/100)
21 sources33/33
Spectrum spread4/5 buckets covered25/33
Far L
Left5
Left (5)
hvgindian-expressndtvhk-free-pressYahoo
Center8
Center (8)
klix-baSCMPbloombergJakarta PostswissinfoReutersFTVnExpress
Right7
Right (7)
channel-news-asiairish-independentstraits-timesstar-malaysianzzhindustan-timesTimes of India
Far R1
Far Right (1)
global-times
Geographic diversity14 regions34/34
India4Hong Kong2Singapore2US2Switzerland2Bosnia1Ireland1Hungary1China1Indonesia1Malaysia1Intl1UK1Vietnam1

Sources

Showing 15 of 21 sources
bloombergHigh19h ago

HK Banks Tighten Scrutiny of Chinese Clients After Trading Curbs - Bloomberg.com

HK Banks Tighten Scrutiny of Chinese Clients After Trading Curbs  Bloomberg.com

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FTVery High22h ago

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

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SCMPMostly Factual12h ago

Stamp of approval sought on HK$4.6 billion lifeline for struggling Hongkong Post

Hong Kong authorities are seeking to inject HK$4.6 billion (US$587 million) into the government-owned postal service provider to sustain its operations for the next three years, following eight years of operating losses and declining mail volumes. A document submitted to Legislative Council on Wednesday by the Commerce and Economic Development Bureau showed a bruising fiscal trajectory for the Post Office Trading Fund (POTF) of Hongkong Post since 2017-18. Self-financing since 1995, Hongkong...

By Oscar Liu

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Times of IndiaMostly Factual23h ago

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

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straits-timesMostly Factual18h ago

Hong Kong overtakes Switzerland as top offshore wealth hub - The Straits Times

Hong Kong overtakes Switzerland as top offshore wealth hub  The Straits Times

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indian-expressMostly Factual20h ago

India tears into Pakistan at UNSC over ‘sponsoring cross-border terrorism’; ‘will face consequences’

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hindustan-timesMostly Factual23h ago

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.

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irish-independent16h ago

Challenges remain but lots of positive developments happening in Cork town

By John Bohane

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ndtvMostly Factual21h ago

"Bleeding India By Thousand Cuts": UN Envoy Slams Pak For Terrorism

The Indian diplomat said India has every right to defend itself from such cross-border terrorism.

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Jakarta PostMostly Factual19h ago

Hong Kong overtakes Switzerland as world's top cross-border wealth hub - The Jakarta Post

Hong Kong overtakes Switzerland as world's top cross-border wealth hub  The Jakarta Post

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swissinfoHigh19h ago

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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hk-free-pressMostly Factual21h ago

Ex-Hong Kong police inspector jailed for 30 months over HK$1.4 million bribery

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

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global-timesLow18h ago

The 1st Hong Kong astronaut’s arrival at the Tiangong space station demonstrates a fruitful achievement of ‘One Country, Two Systems’: Chinese FM spokesperson - Global Times

The 1st Hong Kong astronaut’s arrival at the Tiangong space station demonstrates a fruitful achievement of ‘One Country, Two Systems’: Chinese FM spokesperson  Global Times

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star-malaysiaMixed21h ago

Hong Kong Airport opens new terminal to compete against Singapore, Dubai - The Star

Hong Kong Airport opens new terminal to compete against Singapore, Dubai  The Star

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VnExpressMixed1d ago

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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Coverage Timeline

First report: VnExpress · 27 May, 01:12Full coverage: 21 · 14hWindow: 14h
Left-leaningCenterRight-leaning
VnExpress27 May, 01:12First to report

Thousands stuck at Hong Kong border for hours as 673,000 return from mainland China post-holiday

2h later
Times of India27 May, 03:26

India rips into Pakistan at UN, flags 'bleeding India by a thousand cuts' doctrine

hindustan-times27 May, 03:45

India tears into Pak at UN, calls out doctrine to ‘bleed' neighbour by ‘thousand cuts’

nzz27 May, 04:00

Hongkong zieht vorbei: Die Schweiz verliert ihre Spitzenposition im Offshore-Banking

FT27 May, 04:00

Hong Kong overtakes Switzerland as hub for global offshore wealth

Reuters27 May, 04:04

Hong Kong overtakes Switzerland as world's top cross-border wealth hub on China ties, report shows - Reuters

Yahoo27 May, 04:04

Hong Kong overtakes Switzerland as world's top cross-border wealth hub on China ties, report shows

hk-free-press27 May, 05:00

Ex-Hong Kong police inspector jailed for 30 months over HK$1.4 million bribery

star-malaysia27 May, 05:32

Hong Kong Airport opens new terminal to compete against Singapore, Dubai - The Star

ndtv27 May, 05:40

"Bleeding India By Thousand Cuts": UN Envoy Slams Pak For Terrorism

indian-express27 May, 06:32

India tears into Pakistan at UNSC over ‘sponsoring cross-border terrorism’; ‘will face consequences’

swissinfo27 May, 07:22

Hong Kong overtakes Switzerland as hub for global offshore wealth - SWI swissinfo.ch

Jakarta Post27 May, 07:27

Hong Kong overtakes Switzerland as world's top cross-border wealth hub - The Jakarta Post

bloomberg27 May, 07:38

HK Banks Tighten Scrutiny of Chinese Clients After Trading Curbs - Bloomberg.com

straits-times27 May, 08:33

Hong Kong overtakes Switzerland as top offshore wealth hub - The Straits Times

global-times27 May, 08:49

The 1st Hong Kong astronaut’s arrival at the Tiangong space station demonstrates a fruitful achievement of ‘One Country, Two Systems’: Chinese FM spokesperson - Global Times

1h later
hvg27 May, 10:02

Financial Times-kommentár: Kijev és Teherán megmutatja, miként lehet térdre kényszeríteni egy kolosszust – felkészül Tajvan

irish-independent27 May, 10:30

Challenges remain but lots of positive developments happening in Cork town

2h later
channel-news-asia27 May, 12:13

Hong Kong school suspends principal for swearing at security guards in Singapore

2h later
SCMP27 May, 14:18

Stamp of approval sought on HK$4.6 billion lifeline for struggling Hongkong Post

1h later
klix-ba27 May, 15:21Latest update

Kraj švicarske dominacije: Zašto svjetski bogataši sele milijarde u Hong Kong