Tag: SCMP
-
Emigrating mainland Chinese and Hongkongers could take combined wealth of US$65 billion with them, consultancy says
Mainland China and Hong Kong could lose combined wealth of up to US$65 billion this year as more high-net-worth individuals (HNWIs) eye relocation amid tough Covid-19 restrictions and political uncertainties, according to Henley & Partners. That would put 2022 second only to 2019, when departing millionaires worth US$100 billion left mainland China and Hong Kong. ...