• Fri
  • Sep 19, 2014
  • Updated: 1:18am


Profiting from property

The rise in property prices over the past year has helped create more US dollar millionaires in Hong Kong than anywhere else in the world, up 33 per cent at 101,300, according to a report by Merrill Lynch and Capgemini.

Friday, 8 July, 2011, 12:00am

More millionaires in Asia-Pacific than Europe

The number of wealthy individuals in the Asia-Pacific region has overtaken Europe for the first time - with Hong Kong leading the growth in the number of millionaires.

24 Jun 2011 - 12:00am

China's tourists big spenders now

It used to be the Japanese and Americans who would vie for the best photo opportunity beneath the Eiffel Tower or at the Pyramids. Now mainlanders have become one of the world's most ubiquitous - and cash-laden - tourists.

16 Jun 2011 - 12:00am

Lai See

The ups and downs of living with illegal structures in the NT

So villagers in the New Territories think they should be compensated for taking down the illegal structures on their houses? They also think they should be allowed to beat a three-storey restriction and build six-storey houses.

2 Jun 2011 - 12:00am

Fat cats

More than 9,500 Hongkongers joined the ranks of the city's US-dollar millionaires last year. Given the stories of poverty that fill our newspapers, does this reflect a widening gap between rich and poor? Write to us.

29 Sep 2008 - 12:00am

Stock surge sees number of young millionaires double

One in 47 aged 21 to 29 has liquid assets of at least HK$1m

The number of young Hong Kong dollar millionaires more than doubled last year, thanks to the buoyant stock market.

28 Mar 2008 - 12:00am

There's rich, and then there's Hong Kong rich

It's no secret Hong Kong has more than its fair share of wealthy people - more than 9,000 joined the ranks of its US-dollar millionaires last year - but it is also home to some 1,330 'ultra-millionaires' with net assets of more than US$30 million, a survey shows.

18 Oct 2007 - 12:00am

Hong Kong well placed to let the poor get richer

When we think of wealth in Hong Kong, a handful of tycoons and conglomerates come to mind. It is easy among the welter of 'rich lists' and the companies with billion-dollar turnovers to forget that there are many residents with lesser fortunes who can nonetheless count themselves members of an internationally recognised club of financial plenty: that of the US dollar millionaire.

18 Oct 2007 - 12:00am

Children of status

Have you got it all - a house on The Peak, a yacht, a corporate jet, a bevy of maids to take care of your pedigree dogs, a pond full of koi and every exclusive club membership worth having? If trends in North America and Europe are any guide, you are missing the biggest status symbol of all: a clutch of children.

10 Aug 2007 - 12:00am

Millionaires becoming a yuan a dozen on sizzling mainland

The ranks of mainland US-dollar millionaires grew 7.8 per cent to 345,000 last year as more people benefited from double-digit economic growth and soaring stock markets.

29 Jun 2007 - 12:00am