Why Hong Kong's Millionaires are Moving to Singapore

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Hong Kong's pool of millionaires has shrunk over the past decade while Singapore's has soared more than 60%. Bloomberg Wealth Reporter Claire Ballentine discusses why Singapore is becoming a top destination for the migrating rich with Haslinda Amin on "Bloomberg Markets Asia."
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Опубликовано:

8 авг 2024

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Комментарии : 47

@dexterts63 3 месяца назад

You can shit talk about Hong Kong all you want, but one thing I enjoy about staying in Hong Kong, which Singapore can never replace, is its geolocation. Within a four-hour radius by plane, I can fly to all the major Asian cities such as Tokyo, Seoul, and Beijing. This gives me a head start compared to competitors residing in Singapore. First mover advantage, my friends.

@ditsygirl5409 3 месяца назад

But then the developments are all in south east Asia, not east Asia.

@bananasmoothie006 2 месяца назад

what a dumb answer. Within the vaccinity of Singapore, 1 hour to KL, 2 hr to BKK, 2 hr to Bali, 2 hr to Jakarta, 2 hr to Phuket, etc., it really depends on what you want. I'd prefer south east asia. First mover advantage only applies to people entering a market with a new idea or product. You getting there first by plane doesn't mean anything. If you had a business that requires you to be near Tokyo, Seoul, Beijing, then i'd understand. But I can get to these countries from Singapore in less than 6 hours.

@lesteryoutube9501 2 месяца назад

Hong kong is now home to alot of rude citizens.

@limbehh8494 2 месяца назад

@bananasmoothie006 hahaha.. well say.. maybe he mean going holiday in Japan. Korea n so on.

@user-lt5no1xt1z 2 месяца назад

Singapore is only 6 hrs away from all of those cities.. not too shabby

@babablacksheephyaw 3 месяца назад

It's not HK move to SG. It is mostly mainland Chinese moved to SG.

@fudgerace4356 2 месяца назад

ToMaTo tOMaTo 🥱🥱🥱🍅🍌

@choonhockong8215 2 месяца назад

The mainland Chinese rich are not really keen to come to Singapore. Mostly are from Malaysia, India, Indonesia, Taiwan, Hong Kong, and other Asean countries.

@ditsygirl5409 2 месяца назад

@@choonhockong8215Henley and partners published a report that 3400 millionaires migrated to Singapore in 2023 and most are from China.

@JustSoKinda 3 месяца назад

Move to Singapore quietly

@bharatichaudhari 3 месяца назад

Only main reason, not favorable domestic economic environment may be, n Singapore is biggest hub of attractive finance policy

@rocketsteel 3 месяца назад

How many of these advertorials does BB need to do a month.

@leealex24 3 месяца назад

HK is still very big financial hub. Asian markets incl in HK and China also gained recently

@BrandyHeng007 2 месяца назад

Why are Billionaires moving out of Switzerland and US

@user-qf7ud5de9h 3 месяца назад

There are 217 districts

@tedchandran 3 месяца назад

Jai Hind. Hongkie millionaires and billionaires love to go to Vancouver.

@samsimm 2 месяца назад

Vancouver is a rotten place now. The majority of them are leaving elsewhere for good. Why?

@mosqutio88 16 дней назад

Ye their children left Vancouver for Asia

@ArabicReja973 3 месяца назад

Hong Kong 🇭🇰, as a financial center, is finished after China introduced the repressive "National Security" laws. - Talents have left. Businesses have closed. Empty office buildings are all over the former British colony.

@ric6074 3 месяца назад

Daily self fantasy 😂

@leealex24 3 месяца назад

HK is still very big financial hub. Asian markets incl in HK and China also gained recently

@Shadowscares433 2 месяца назад

Please do America have National security laws. You really think Hong Kong under the British government before hand it back do have it. Hong Kong was lucky it do not put in place at 1997 give the opportunity for the western like America to put people in key points in Hong Kong government and other places like in School to get people start trouble. Like they have many times in other countries and start war. The difference is China but a stop to it

@davidtay9347 2 месяца назад

Right now has the office rental went down?

@ChoateGo 2 месяца назад

i just went to hk in march for law stuff. the city was much nicer now than the last time i visited in 2019. City so much cleaner and nicer. In 2019 it was super smoggy and tons of indians and filipinos

@goof260 3 месяца назад

come to Tacoma WA instead...

@KK-pm7ud 3 месяца назад

1 in 24 people in NYC are millionaires? That just doesn't make any sense. Do you even have someone there to fact check people?

@derekl190 3 месяца назад

u need to watch more RT or CCTV

@samsimm 2 месяца назад

Average .

@allantankl 3 месяца назад

“Gain” word should not be loosely used until you know what these millionaires brings to the city other than pushing up prices.

@mercuryscioable 3 месяца назад

Shit lah, come here for wad

@Sam-nb1rm 3 месяца назад

Theres no value in this place anymore. It is not vibrant and democratic anymore like it used to be

@keffinsg 3 месяца назад

Did the British allow you to elect your governor?

@Sam-nb1rm 3 месяца назад

@@keffinsg Didn't for the top officials, but they all did a very good job. Allowed to elect legislators and a large degree democracy was present. Nowadays nothing's left

@davidtay9347 2 месяца назад

@@Sam-nb1rmYeah,sad for HK.Personally,I loved to travel HK a lot since 2000 to 2010.I would fly there approximately 3 times a year for vacation.Ever since the introduction of the new security act,I never went again.Its not the HK i was familar anymore.People r wary, skeptical and hyposensitive if u make any queires

@drsusanbenson2613 3 месяца назад

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