The pandemic has dealt a savage blow to Hong Kong’s economy. Photo: AFP The pandemic has dealt a savage blow to Hong Kong’s economy. Photo: AFP
The pandemic has dealt a savage blow to Hong Kong’s economy. Photo: AFP

Hong Kong’s millionaires feel the pinch from pandemic, social unrest, while mainland Chinese peers go from strength to strength, Hurun Report shows

  • Hong Kong was the only city in the top 10 in China to see a drop in the number of US dollar millionaires in 2019, as the city was ravaged by protests
  • The gloomy picture is unlikely to change anytime soon as the pandemic deals a further crippling blow to the city’s economy, say analysts

Topic |   Millionaires and billionaires
The pandemic has dealt a savage blow to Hong Kong’s economy. Photo: AFP The pandemic has dealt a savage blow to Hong Kong’s economy. Photo: AFP
The pandemic has dealt a savage blow to Hong Kong’s economy. Photo: AFP
READ FULL ARTICLE