The ranks of millionaires in Hong Kong rose by 15 per cent last year on the back of increases and stock and property prices in the city last year, according to a Citibank survey. Photo: Edward Wong

One in seven in Hong Kong is a millionaire as property and stock market rallies boost wealth 

Real estate accounts for 70pc of millionaires’ assets, with each owning 3.2 properties on average, according to a Citibank survey

Topic |   Wealth management

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The ranks of millionaires in Hong Kong rose by 15 per cent last year on the back of increases and stock and property prices in the city last year, according to a Citibank survey. Photo: Edward Wong
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