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S’pore HNWI population to grow faster than HK’s

Singapore will have the upper hand over rival city Hong Kong in attracting HNWI residents over the next five years, a report has found. The number of Singapore millionaires grew at the rate of 17% for the past five years to 154,000 HNWIs now, from 130,000 millionaires in 2010, notes the report from WealthInsight. In all, they hold a net…

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