Hong Kong’s affluent amass at least HK$10 million by age 39, mostly through investments, says HSBC survey. It takes 8 years to increase wealth to HK$10 million after earning first HK$1 million. Majority built wealth through investments, interest earnings, rental income, and business profits.

HSBC’s survey of 1,318 respondents aged 24-64 with HK$1 million+ in liquid assets showed a double-digit growth in multimillionaire clients in 2025. 85% of multimillionaire customers had positive portfolio returns last year. These investors allocate more to equities, investment funds, and alternative assets for higher returns.

Hong Kong’s benchmark Hang Seng Index rose 28% in 2025, the best performance since 2017. Mainland China’s CSI 300 Index saw an 18% gain, the biggest since 2020. Investors showed more interest in Chinese tech firms in 2025, betting on AI and abandoning the “cash is king” mindset.

Affluent investors in Hong Kong are reducing reliance on property rental income in favor of tech investments like AI, as shown in the HSBC survey. Over 60% plan to invest in AI within 5 years, moving away from traditional investments. More emphasis on strategic asset allocation and long-term planning.

Middle-class Hongkongers now aim for assets worth at least HK$8.35 million to be considered affluent, up 42% from 2022. Survey reveals a shift in retirement models, with 70% preferring a flexible model like “mini-retirement.” Nearly 30% envision a “sojourn retirement” for travel and living in different cities.

Read more at Yahoo Finance: Hong Kong’s affluent investors are multimillionaires by the age of 39: HSBC survey