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

ZURICH, May 27 (Reuters) - Hong ​Kong has overtaken Switzerland as the top global booking centre for cross-border wealth, ‌a first that is unlikely to be reversed as hubs in Asia grow faster than the European safe-haven, Boston Consulting Group said on Wednesday. Wealth from China and an IPO boom in 2025 helped ​Hong Kong rise to a $2.95 trillion offshore behemoth for the world's rich, narrowly ​surpassing Switzerland's $2.94 trillion in cross-border wealth, according to BCG's 2026 Global Wealth ⁠Report. "Hong Kong is cementing its role as China's gateway to global markets, though that ​same concentration ties its trajectory...