Bloomberg

For China’s Wealthy, Singapore Is the New Hong Kong

For China’s Wealthy, Singapore Is the New Hong Kong

  • February 07, 2018
  • min read

Bloomberg

For China’s Wealthy, Singapore Is the New Hong Kong

The number of Chinese high-net-worth individuals who view Hong Kong as their preferred overseas place of investment is down to 53 percent, from 71 percent two years ago, according to a survey in July by Bain & Company. More than 20 percent favor Singapore, up from 15 percent two years ago.