Property News · March 1, 2017

Hong Kong holds world’s third largest concentration of individual wealth, says Knight Frank


Hong Kong has the world’s third largest concentration of wealth, and is the third most-popular place to buy property and live, for ultra-wealthy individuals, says a new report from Knight Frank .
The company’s “Wealth Report”, published now for 10 years, has re-evaluated its criteria, and created its own City Wealth Index.
However, Hong Kong might have to work hard to hold onto its top-three ranking, said Knight Frank, as competition grows from cities in the mainland….

Source : South China Morning Post
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