The number of high net worth individuals (HNWIs) in Hong Kong rose by 48% to 49,000 last year according to Citibank’s recent Hong Kong Consumer Wealth Report 2013. The amount of individuals with liquid assets of more than HK$10 million (US$1.2 million) increased from 33,000 in 2012 but the report also found that these HNWIs are the most likely to…
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