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🌐 Hong Kong has overtaken Switzerland as the world's top offshore wealth hub. The $10 billion gap is the least interesting part.
The Week in Geopolitics

🌐 Hong Kong has overtaken Switzerland as the world's top offshore wealth hub. The $10 billion gap is the least interesting part.

Macro Soup Newsroom Macro Soup Newsroom 4 min read

Hong Kong edged past Switzerland as the world's largest cross-border wealth hub at end-2025, booking $2.95 trillion to Switzerland's $2.94 trillion. The margin is $10 billion. What separates the two structurally is much larger.

Nighttime view of Hong Kong's illuminated skyscrapers and harbor from a high vantage point.
Hong Kong's cross-border wealth reached $2.95 trillion in 2025, surpassing Switzerland and highlighting Asia's growing dominance in global finance amid shifting geopolitics. Source

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