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Banking & finance
Illustration: Lau Ka-kuen
Wealth management

In Focus | Why shifting assets won’t save New York’s rich Chinese from Beijing tax rules

With the 90-day grace period soon to run out, some ultra-wealthy living outside mainland China face complicated tax liability questions.

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Banking & finance

UBS ends fund sales on a wealth platform in China amid stiff competition

China property

Rich Dad, Poor Dad author’s vast debts spark awe – and some anger – in China

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Banking & finance

Why Asian investors are pouring capital into brain tech and surgical robots

Family offices and venture investors across Hong Kong and the wider region are reshaping portfolios to capture long-term biotech growth.

An orthopedic surgical robot is displayed at the 2026 World Robot Conference in Beijing on August 20. Photo: Xinhua
An orthopedic surgical robot is displayed at the 2026 World Robot Conference in Beijing on August 20. Photo: Xinhua
Wealth management

Goldman Sachs upbeat on wealth outlook despite worries over China’s tax scrutiny

Robust fee growth tipped for Hong Kong, Singapore banks as mainland Chinese clients’ offshore allocations driven by diversification: report.

Wealth management

Over a quarter of China’s ultra-wealthy in Beijing and Shanghai, report says

Beijing, Shanghai and Guangdong hold most super-rich households as weaknesses in real estate and market volatility weigh on private capital.

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Wealth management

How China’s new offshore trust tax rules could shake billionaires’ fortunes

Soho China founder Pan Shiyi’s Cayman trust faces scrutiny as Beijing’s tax overhaul puts offshore wealth strategies in focus.

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Pan Shiyi, who lives in New York, is one of China’s most closely followed entrepreneurs. Photo: Dickson Lee.
Pan Shiyi, who lives in New York, is one of China’s most closely followed entrepreneurs. Photo: Dickson Lee.
China stock market

From property to portfolios: why Chinese families are walking away from homes

While Chinese families grow cautious, South Korean retail investors use record leverage to chase tech ETFs despite mounting risks.

Wealth management

Sun Life targets Asia’s booming wealth transfer market with new platform

Insurer joins global scramble to serve Asian clients looking to transfer wealth to next generation via insurance products.

China stock market

As Musk loses US$130b, Chinese chip and AI founders’ fortunes rise

Surging stocks of CXMT, Zhipu and MiniMax create billions in wealth as world’s first trillionaire loses status amid SpaceX’s plunge.

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Elon Musk, CEO of Tesla, SpaceX, X, and xAI, became a trillionaire after SpaceX’s record US$75 billion initial public offering in June. Photo: DPA
China stock market

Trump or trap: should China’s stock market entice investors with ‘good bubbles’?

Analysts say China’s risk-averse financial policy is diverting capital to Wall Street, advising the building of ‘good bubbles’ to promote growth.

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Illustration: Lau Ka-kuen
Illustration: Lau Ka-kuen
China stock market

Investors fret as China’s A-share divorces echo Bezos’ Amazon split

Retail investors worry about secondary share-price movements following equity transfers resulting from large shareholders’ divorces.

Wealth management

DBS survey shows Chinese investors eye Hong Kong, US to weather volatility

Stocks in mainland markets have underperformed this year, with the Shanghai Composite Index down 3.9 per cent year to date as of Wednesday.

Banking & finance

Will Hong Kong’s board-lot reform bump HSBC’s share turnover?

The minimum investment of nearly US$8,000 for one of Hongkongers’ favourite stocks is set to drop. The question is how low it will go.

XXXXXXX Photo: Karma Lo
Wealth management

Most ultra-rich expats plan to retire in Hong Kong, fuelled by financial perks

Two-thirds of the city’s ultra-rich expatriates wish to retire there because of financial benefits and career boosts, says St James’s Place.

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Two-thirds of Hong Kong's ultra-rich expatriates said they plan to retire in the city due to strong financial benefits and boosts to their careers, according to a survey by St James's Place. Photo: Sun Yeung
Two-thirds of Hong Kong's ultra-rich expatriates said they plan to retire in the city due to strong financial benefits and boosts to their careers, according to a survey by St James's Place. Photo: Sun Yeung
Gold in Hong Kong

China gold ETFs see record US$2.91 billion outflow in June as risk appetite returns

Global gold market trading volumes averaged a record US$488 billion per day during the first half of the year.

Banking & finance

Southbound Stock Connect flows surge to record US$152b amid Hong Kong IPO boom

Average daily southbound turnover soared 84 per cent year on year to HK$124.1 billion, equal to 24 per cent of city’s total market turnover.

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Millionaires, billionaires and trillionaires

What’s powering the rapid rise of Hong Kong’s ultra-wealthy class?

The city’s ultra-wealthy population jumped by more than 26 per cent in 2025 – roughly one super-rich individual for every 412 residents.

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Hong Kong has nearly 18,300 ultra-high-net-worth individuals, defined as those with net assets exceeding US$30 million. Photo: Karma Lo
Hong Kong has nearly 18,300 ultra-high-net-worth individuals, defined as those with net assets exceeding US$30 million. Photo: Karma Lo
ETFs

Is FOMO driving South Korean investors to Hong Kong to cash in on AI and chips?

Some South Korean retail investors are turning to Hong Kong’s leveraged semiconductor ETFs for higher AI-driven returns.

IPO

As Musk becomes first trillionaire from SpaceX IPO, will next come from China?

As the initial public offering sees Musk become the first ever trillionaire, China is also seeing growth in its tech uber-rich.

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China stock market

Emerging markets rebound on inflows as Xi-Trump talks eyed for momentum

Mainland China, Hong Kong stock markets may benefit from Xi-Trump meeting as renewed interest in AI shows investors keen to re-engage, analysts say.

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People walk beneath a large screen showing stock exchange and economic data in Shanghai. Asia-Pacific markets have seen gains in recent months as geopolitical panic over the Iran war dissipates. Photo: EPA
Banking & finance

Hong Kong secures US$3.5 billion to fund Northern Metropolis and green projects

Global investors pile into city’s latest bond sale, with orders 7.6 times oversubscribed, backing its green finance ambitions.

The Northern Metropolis project aims to transform 30,000 hectares of land in the New Territories into a centre for innovation and technology. Photo: Edmond So
The Northern Metropolis project aims to transform 30,000 hectares of land in the New Territories into a centre for innovation and technology. Photo: Edmond So
China’s private sector

China’s drug makers are speeding up – will AI be their secret weapon?

Chinese biotech firms are striking big global deals as drug makers, but could artificial intelligence take them to the next level?

Banking & finance

Global funds fuel Hong Kong IPO rebound as investors rebalance China portfolios

AI, robotics and energy storage firms make up most of the record-high IPO pipeline in Hong Kong, says Chan.

Banking & finance

China healthcare stocks shine in Hong Kong amid Middle East turmoil

Hang Seng Healthcare Index outpaces broader market as Akeso, Innovent, Hansoh provide refuge for global investors.

A number of Chinese biopharmaceutical and biotech companies posted their first-ever annual profits in 2025. Photo: Shutterstock
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