Hong Kong overtakes Switzerland as top offshore wealth hub
According to the Straits Times, Hong Kong has overtaken Switzerland as the world's top offshore wealth hub. Offshore assets booked in Hong Kong rose 10.7 percent in 2025 to $3.7 trillion.
According to the Straits Times, Hong Kong has surpassed Switzerland to become the world's largest hub for offshore wealth management. The shift signals a notable change in global asset flows.
The report said offshore assets booked in Hong Kong rose 10.7 percent in 2025 to reach $3.7 trillion. Wealth accumulation across Asia is reinforcing the city's standing as a financial centre.
The change shows how the geography of global wealth is being reshaped. This is not investment advice; the figures are attributed to the Straits Times' reporting.
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