Hong Kong affluent population
Chart of the Week: Hong Kong’s wealth market to grow 7.8% in 2021
Chart of the Week: Hong Kong’s wealth market to grow 7.8% in 2021
The number of HNWIs is expected to reach 3.9 million in 2021 or 60.6% of the population.
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1. DBS partners with Austrade to help Australian companies expand into SEA 2. BTN pitches Indonesia’s subsidized mortgage scheme as a sustainable finance model 3. Citi Singapore almost triples wealth transactions after digital revamp 4. ASIC issues warning to influencers promoting high-risk financial products 5. Hong Kong, China launch Payment Connect for faster cross-border paymentsResource Center
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He advises that fintechs must align tech investments with business goals and evolving customer expectations.
