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Emigrating mainland Chinese and Hongkongers could take combined wealth of US$65 billion with them, consultancy says

Mainland China and Hong Kong could lose combined wealth of up to US$65 billion this year as more high-net-worth individuals (HNWIs) eye relocation amid tough Covid-19 restrictions and political uncertainties, according to Henley & Partners.

Wealthy emigrants to remove up to $90 billion from mainland China, Hong Kong

Mainland China and Hong Kong could lose combined wealth of up to US$65 billion (S$90 billion) this year as more high-net-worth individuals (HNWIs) eye relocation amid tough Covid-19 restrictions and political uncertainties, according to Henley & Partners. That would put 2022 second only to 2019, when departing millionaires worth US$100 billion left mainland China and Hong Kong. The trend is.

Twin boys who spent four months in intensive care become drumming superstars

Twin boys who spent four months in intensive care become drumming superstars
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Victoria Allan | South China Morning Post

Victoria Allan is the founder and managing director of real estate agency Habitat Property

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