Mainland Chinese investors to drive Hong Kong wealth boom despite new tax rules: report

South China Morning Post - Sep 11, 2026

Hong Kong banks expect the contribution of mainland Chinese investors to the city’s wealth management business to continue to grow through 2030, presenting opportunities despite Beijing’s tightened cross-border tax rules. Mainland China’s share of local assets under management was projected to reach 68 per cent from 59 per cent within five years, according to a report released by the Hong Kong Association of Banks (HKAB) and Deloitte China on Friday. The report surveyed 147 member banks in the...

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