The number of multimillionaires in Hong Kong hit a record high last year – despite the city recording its worst recession on record because of the pandemic – according to the results of a survey released by Citibank on Thursday.As many as 515,000 people in Hong Kong were estimated to have HK$10 million (US$1.28 million) each in total assets last year, up from 413,000 in 2019, according to Citibank’s Hong Kong Affluent Study 2020, which was conducted between November last year and January this….


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South China Morning Post

Checkout this section for curated News, Articles & Videos published worldwide by South China Morning Post, a Hong Kong English-language newspaper.

Checkout this section for curated News, Articles & Videos published worldwide by South China Morning Post, a Hong Kong English-language newspaper.

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