The number of Hong Kong millionaires climbed 9 per cent this year, according to the study. Photo: Shutterstock

Hong Kong has more millionaires than ever before but loses out to rival Singapore on average wealth

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The number of millionaires in Hong Kong rose 9 per cent this year but average individual wealth of US$244,672 is 14 per cent less than in Singapore

Topic | Banking & Finance

Enoch Yiu

Published: 9:30am, 20 Oct, 2018

Updated: 9:30am, 20 Oct, 2018

The number of Hong Kong millionaires climbed 9 per cent this year, according to the study. Photo: Shutterstock

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Enoch Yiu

Enoch joined the Post as a business reporter in 1996. Before that, she worked at a Chinese daily newspaper for four years. She is author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.