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Hong Kong overtakes Switzerland as world’s largest cross-border wealth hub, BCG finds
Hong Kong surpassed Switzerland as the world’s largest cross-border wealth hub in 2025, with cross-border wealth rising 10.7% to $2.95 trillion, driven by an IPO boom and capital inflows from mainland China, according to Boston Consulting Group (BCG). Switzerland recorded $2.94 trillion in cross-border wealth, up 7.6% from the previous year.
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