Hong Kong's affluent investors are multimillionaires by the age of 39: HSBC survey

Hong Kong's affluent amass at least HK10million(US10 million (US1.28 million) in liquid assets by the age of 39, with the majority relying on investments to grow their wealth, according to a survey by HSBC. These wealthy individuals take, on average, eight years to increase their wealth to HK10millionaftertheyearntheirfirstHK10 million after they earn their first HK1 million, the HSBC Affluent Survey released on Friday showed. A similar survey in 2023 showed the average age for Hongkongers to become a millionaire, with HK$1 million in assets, was ...