Boston Consulting Group: Hong Kong to Become the World's Largest Cross-Border Wealth Management Center

Boston Consulting Group (BCG) released the "Global Wealth Report 2026" on May 27, pointing out that Hong Kong has surpassed Switzerland to become the world's largest cross-border wealth management center, highlighting Hong Kong's further elevation as an international financial center. The report shows that by the end of 2025, the scale of cross-border wealth managed in Hong Kong reached $2.95 trillion, slightly higher than Switzerland's $2.94 trillion. The report indicates that Hong Kong's cross-border wealth management scale continues to grow, mainly benefiting from mainland capital inflows, active new stock market and strong stock market performance, among other factors. BCG stated that global cross-border wealth grew by 8.4% last year, reaching $15.6 trillion, reflecting a rising demand from investors for geographically diversified asset allocation. Against this backdrop, Hong Kong, with its unique advantage of being "backed by the motherland, and connecting the world," further solidifies its important role as China's gateway to international capital markets. The report predicts that from 2025 to 2030, the scale of cross-border wealth managed in Hong Kong will maintain an annual growth rate of about 9%, continuing to rank among the top globally; during the same period, Singapore is also expected to record about 9% annual growth, while Switzerland's growth rate is around 6%.