

Hong Kong Wealth Boom Lifts Banks, Draws Firms Back
Hong Kong wealth boom momentum is lifting bank profits and drawing global firms back to the city, as wealth and investment management income grows at double-digit rates, industry executives said. HSBC reported a 50% jump in deposits in its latest quarterly results, with about 70% of the increase coming from non-residents, while the Hang Seng Index is up more than 30% year to date. Peter Stein, chief executive of the Asia Securities Industry and Financial Markets Association,
Dec 22, 2025





