AS MAINLAND CHINA TIGHTENS ITS TAX RULES, CAN HONG KONG REMAIN A MAGNET FOR BILLIONAIRES?
AS CHINA TIGHTENS ITS TAX RULES, CAN HONG KONG REMAIN A MAGNET FOR BILLIONAIRES?Current: AS MAINLAND CHINA TIGHTENS ITS TAX RULES, CAN HONG KONG REMAIN A MAGNET FOR BILLIONAIRES?
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| Source | Latest linked headline | Age |
|---|---|---|
| News - South China Morning Post | AS MAINLAND CHINA TIGHTENS ITS TAX RULES, CAN HONG KONG REMAIN A MAGNET FOR BILLIONAIRES? | 2 hrs ago |
WHAT HAPPENED
For decades, Hong Kong has been a magnet for the rich. From wealthy Chinese setting up family trusts to millionaires migrating from across Southeast Asia, all of them have been sucked in by the city’s promise of free capital flows, a trustworthy legal system and extensive…
News - South China Morning Post reports that for decades, Hong Kong has been a magnet for the rich.
The report adds: From wealthy Chinese setting up family trusts to millionaires migrating from across Southeast Asia, all of them have been sucked in by the city’s promise of free capital flows, a trustworthy legal system and extensive…
It is a winning combination that helped Hong Kong leapfrog Switzerland as the world’s biggest cross-border wealth hub last year, as the city rode a wave of blockbuster listings by Chinese technology...
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